During 2019, real estate activity in Cohasset saw a small decrease in total sales but an increase in average sales price.
There was a 9% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during 2019. 2,413 land documents were recorded versus 2,215 during 2018.
The total volume of real estate sales in Cohasset during 2019 was $211,645,796, a 1% decrease from 2018. However, the average sale price of homes and commercial property increased 12% in Cohasset. The average sale price was $1,182,378.
The number of mortgages recorded (520) on Cohasset properties during 2019 was up 20% from the previous year. Also, total mortgage indebtedness increased 55% to $383,404,451 during the same period.
There were 3 foreclosure deeds filed against Cohasset properties during 2019 versus 1 foreclosure deed filed during 2018.
Finally, homestead activity increased 2% in Cohasset during 2019 with 202 homesteads filed compared to 199 during 2018.