Real Estate activity in Dover, MA during the 2nd quarter of 2015 saw decreases in both total real estate sales activity and total mortgage indebtedness.
There was a 31% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Dover during the 2nd quarter of 2015. 449 land documents were recorded versus 342 during the 2nd quarter of 2014.
The total dollar volume of real estate sales in Dover during the 2nd quarter of 2015 was $37,659,342, a 5% decrease over 2014 2nd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $1,075,981, a 10% decrease from the same time period in 2014.
The number of mortgages recorded against Dover properties during the 2nd quarter of 2015 was 96, a 45% increase from the 2nd quarter 2014 number. However, total mortgage indebtedness was $54,679,232 for the quarter compared to $62,908,541 for the 2nd quarter 2014.
No foreclosure deeds were filed against Dover property during the 2nd quarter 2015.
Finally, homestead activity increased in Dover during the 2nd quarter 2015 with 41 Homesteads recorded representing a 21% increase from the 2nd quarter 2014 total of 34.