During 2014, real estate activity in Dover saw an increase in total volume but a slight decrease in average sales price.
There was a 23% decrease in documents recorded at the Norfolk County Registry of Deeds for Dover in 2014, resulting in a reduction of 432 documents from 1,920 to 1,488.
The total volume of real estate sales in Dover during 2014 was $123,595,056 which showed a 7% increase from 2013. The average sale price of homes and commercial property was down by 1% in Dover. The average sale was $1,093,761.
The number of mortgages recorded (299) on Dover properties in 2014 was down by 33% from the previous year. Total mortgage indebtedness also decreased by 23% to $183,855,405 during the same period.
There were 3 foreclosure deeds filed in Dover during 2014, representing a 300% increase from the previous year when there were 0 foreclosure deeds filed.
Finally, homestead activity decreased 15% in Dover during 2014 with 123 homesteads filed compared to 144 in 2013.