Holbrook, MA 2019 Real Estate Activity Report

During 2019, real estate activity in Holbrook saw an increase in total sales volume but a decrease in average sales price.

 

There was a 13% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during 2019. 2,544 land documents were recorded versus 2,261 during 2018.  

 

The total volume of real estate sales in Holbrook during 2019 was $95,645,487, a 13% increase from 2018. However, the average sale price of homes and commercial property decreased 7% in Holbrook. The average sale price was $407,002.   

 

The number of mortgages recorded (533) on Holbrook properties during 2019 was up 33% from 2018. However, total mortgage indebtedness decreased 38% to $271,907,466 during the same period. This figure was impacted by a $325 million mortgage recorded against a Holbrook property on 5/1/18. 

 

There were 8 foreclosure deeds filed against Holbrook properties during 2019, compared to 11 filed during 2018.  

 

Finally, homestead activity increased 17% in Holbrook during 2019 with 229 homesteads filed compared to 196 recorded during 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.