During the 2nd quarter of 2018, real estate activity in Cohasset saw decreases in both total sales volume and average sales price.
There was a 9% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 2nd quarter 2018. 594 land documents were recorded versus 654 during the second quarter 2017.
The total volume of real estate sales in Cohasset during the 2nd quarter 2018 was $56,661,533, a 28% decrease from the same time period in 2017. Also, the average sale price of homes and commercial property decreased 28% in Cohasset. The average sale price was $858,508.
The number of mortgages recorded (111) on Cohasset properties during the 2nd quarter 2018 was down 18% from the previous year. Total mortgage indebtedness also decreased 27% to $55,601,740 during the same period.
There were 0 foreclosure deeds filed against Cohasset properties during the 2nd quarter 2018, the same number of foreclosure deeds filed during the 2nd quarter 2017.
Finally, homestead activity decreased 2% in Cohasset during the 2nd quarter 2018 with 59 homesteads filed compared to 60 during the same time period in 2017.