During the 3rd quarter of 2021, real estate activity in Holbrook saw decreases in total sales volume and average sales price.
There was a 1% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 3rd quarter 2021. 726 land documents were recorded versus 733 during the 3rd quarter 2020.
The total volume of real estate sales in Holbrook during the 3rd quarter 2021 was $28,607,213, a 29% decrease from the same time period in 2020. Also, the average sale price of homes and commercial property decreased 24% in Holbrook. The average sale price was $476,786.
The number of mortgages recorded (174) on Holbrook properties during the 3rd quarter 2021 was down 13% from the previous year. However, total mortgage indebtedness was $58,976,694, up 18% from the 3rd quarter 2020.
There were 1 foreclosure deeds filed against Holbrook properties during the 3rd quarter 2021 compared to 0 foreclosure deed filed during the 3rd quarter 2020.
Finally, homestead activity in Holbrook increased 8% during the 3rd quarter 2021 with 66 homesteads filed, compared to 61 filed during the same time period in 2020.