Holbrook, MA 1st Quarter 2019 Real Estate Activity Report

During the 1st quarter of 2019, real estate activity in Holbrook saw increases in both 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 1st quarter 2019. 537 land documents were recorded versus 543 during the first quarter 2018.  

 

The total volume of real estate sales in Holbrook during the 1st quarter 2019 was $17,061,923, a 33% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 6% in Holbrook. The average sale price was $348,202.   

 

The number of mortgages recorded (93) on Holbrook properties during the 1st quarter 2019 was down 8% from the 1st quarter 2018. Also, total mortgage indebtedness decreased 3% to $30,798,932 during the same period. 

 

There was 1 foreclosure deed filed against a Holbrook property during the 1st quarter 2019, compared to 2 filed during the 1st quarter 2018.  

 

Finally, homestead activity increased 20% in Holbrook during the 1st quarter 2019 with 48 homesteads filed compared to 40 recorded during the same time period in 2018.

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.