Holbrook, MA 1st Quarter 2017 Real Estate Activity Report

During the 1st quarter of 2017, real estate activity in Holbrook saw increases in both total sales volume and average sales price.

 

There was a 20% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 1st quarter 2017. 595 land documents were recorded versus 497 during the first quarter 2016.  

 

The total volume of real estate sales in Holbrook during the 1st quarter 2017 was $14,991,252, a 95% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 19% in Holbrook. The average sale price was $293,946. 

 

The number of mortgages recorded (101) on Holbrook properties during the 1st quarter 2017 was up 25% from the previous year. Total mortgage indebtedness also increased by 28% to $21,504,880 during the same period.

 

There were 3 foreclosure deeds filed against Holbrook properties during 1st quarter 2017 compared to 8 foreclosure deed filings during the 1st quarter 2016. 

 

Finally, homestead activity increased 78% in Holbrook during the 1st quarter 2017 with 41 homesteads filed compared to 23 during the same time period in 2016.

The Norfolk County Registry of Deeds will be closed on Thursday, July 4th in celebration of Independence Day. We are open Friday, July 5th.

The Norfolk County Registry of Deeds is closed Today, July 4th in celebration of Independence Day. We are open Friday, July 5th.