During the 3rd quarter of 2017, real estate activity in Cohasset saw decreases in both total sales volume and average sales price.
There was an 11% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 3rd quarter 2017. 648 land documents were recorded versus 727 during the third quarter 2016.
The total volume of real estate sales in Cohasset during the 3rd quarter 2017 was $77,497,373, an 8% decrease from the same time period in 2016. Also, the average sale price of homes and commercial property decreased 14% in Cohasset. The average sale price was $1,156,677.
The number of mortgages recorded (145) on Cohasset properties during the 3rd quarter 2017 was down 12% from the previous year. Total mortgage indebtedness also decreased 72% to $66,757,587 during the same period.
There were 0 foreclosure deeds filed against Cohasset properties during the 3rd quarter 2017, compared to 1 foreclosure deed filed during the 3rd quarter 2016.
Finally, homestead activity increased 35% in Cohasset during the 3rd quarter 2017 with 65 homesteads filed compared to 48 during the same time period in 2016.