During 2017, real estate activity in Cohasset saw increases in both total sales volume and average sales price.
There was an 8% decrease in documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset in 2017. 2,383 land documents were recorded versus 2,586 during 2016.
The total volume of real estate sales in Cohasset during 2017 was $269,801,919, a 28% increase from 2016. The average sale price of homes and commercial property was also up 18% in Cohasset. The average sale was $1,254,892.
The number of mortgages recorded (495) on Cohasset properties in 2017 was down by 19% from the previous year. Total mortgage indebtedness also decreased 36% to $298,661,532 during the same period.
There was 1 foreclosure deed filed against a Cohasset property during 2017 compared to 4 foreclosure deeds filed in 2016.
Finally, homestead activity increased 14% in Cohasset during 2017 with 206 homesteads filed compared to 181 in 2016.