During the 2nd quarter of 2017, real estate activity in Cohasset saw increases in both total sales volume and average sales price.
There was a 12% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 2nd quarter 2017. 654 land documents were recorded versus 739 during the second quarter 2016.
The total volume of real estate sales in Cohasset during the 2nd quarter 2017 was $78,511,948, a 34% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 40% in Cohasset. The average sale price was $1,189,574.
The number of mortgages recorded (136) on Cohasset properties during the 2nd quarter 2017 was down 26% from the previous year. Total mortgage indebtedness also decreased 14% to $76,317,225 during the same period.
There were 0 foreclosure deeds filed against Cohasset properties during the 2nd quarter 2017, the same number recorded during the 2nd quarter 2016.
Finally, homestead activity increased 9% in Cohasset during the 2nd quarter 2017 with 60 homesteads filed compared to 55 during the same time period in 2016.