Holbrook, MA 2nd Quarter 2015 Real Estate Activity Report

Real Estate activity in Holbrook, MA during the 2nd quarter of 2015 saw increases in both total real estate sales volume and borrowing.


There was a 7% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 2nd quarter of 2015. 589 land documents were recorded versus 553 during the 2nd quarter of 2014.


The total dollar volume of real estate sales in Holbrook during the 2nd quarter of 2015 was $24,320,727, an 82% increase over 2014 2nd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $694,877, a 170% increase from the same time period in 2014.


The number of mortgages recorded against Holbrook properties during the 2nd quarter of 2015 was 126, a 24% increase from the 2nd quarter 2014 number. Total mortgage indebtedness was $34,599,787 for the quarter compared to $27,480,836 for the 2nd quarter 2014.


There were 7 foreclosure deeds filed against Holbrook properties during the 2nd quarter 2015. This was a significant increase from the 2nd quarter 2014 when a total of 2 foreclosure deeds were filed.


Finally, homestead activity decreased in Holbrook during the 2nd quarter 2015 with 37 Homesteads recorded representing an 18% decrease from the 2nd quarter 2014 total of 45.


 

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.