During the 3rd quarter of 2019, real estate activity in Cohasset saw increases in both total sales and average sales price.
There was a 4% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Cohasset during the 3rd quarter 2019. 705 land documents were recorded versus 676 during the third quarter 2018.
The total volume of real estate sales in Cohasset during the 3rd quarter 2019 was $76,838,746, a 5% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 20% in Cohasset. The average sale price was $1,372,120.
The number of mortgages recorded (155) on Cohasset properties during the 3rd quarter 2019 was up 18% from the previous year. Also, total mortgage indebtedness increased 48% to $110,744,810 during the same period.
There were 2 foreclosure deeds filed against Cohasset properties during the 3rd quarter 2019 versus 0 foreclosure deeds filed during the 3rd quarter 2018.
Finally, homestead activity increased 5% in Cohasset during the 3rd quarter 2019 with 62 homesteads filed compared to 59 during the same time period in 2018.