During 2018, real estate activity in Cohasset saw decreases in both total sales volume and average sales price.
There was a 7% decrease in documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset in 2018. 2,215 land documents were recorded versus 2,385 during 2017.
The total volume of real estate sales in Cohasset during 2018 was $213,552,889, a 21% decrease from 2017. The average sale price of homes and commercial property was also down 16% in Cohasset. The average sale was $1,057,192.
The number of mortgages recorded (298) on Cohasset properties in 2018 was down 40% from the previous year. Total mortgage indebtedness also decreased 17% to $247,317,942 during the same period.
There was 1 foreclosure deed filed against a Cohasset property during 2018. the same number recorded in 2017.
Finally, homestead activity decreased 3% in Cohasset during 2018 with 199 homesteads filed compared to 206 in 2017.