During the 3rd quarter of 2021, real estate activity in Dedham saw increases in total sales volume and average sales price.
There was a no percentage change in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dedham during the 3rd quarter 2021. 1,727 land documents were recorded versus 1,712 during the 3rd quarter 2020.
The total volume of real estate sales in Dedham during the 3rd quarter 2021 was $101,297,093, a 24% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 21% in Dedham. The average sale price was $767,402.
The number of mortgages recorded (439) on Dedham properties during the 3rd quarter 2021 was down 16% from the previous year. Total mortgage indebtedness was $199,362,768, up 8% from the 3rd quarter 2020.
There were 0 foreclosure deeds filed against Dedham properties during the 3rd quarter 2021 compared to 0 foreclosure deed filed during the 3rd quarter 2020.
Finally, homestead activity in Dedham increased 30% during the 3rd quarter 2021 with 164 homesteads filed, compared to 126 filed during the same time period in 2020.