Holbrook, MA 2nd Quarter 2016 Real Estate Activity Report

During the 2nd quarter of 2016, real estate activity in Holbrook saw decreases in both total sales volume and average sales price.

 

There was a 10% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 2nd quarter 2016. 649 land documents were recorded versus 588 during the second quarter 2015.  

 

The total volume of real estate sales in Holbrook during the 2nd quarter 2016 was $18,057,603, a 26% decrease from the same time period in 2015. The average sale price of homes and commercial property also decreased 57% in Holbrook. The average sale price was $300,960.  

 

The number of mortgages recorded (126) on Holbrook properties during the 2nd quarter 2016 was the exact number recorded during the previous years time period. Total mortgage indebtedness decreased by 18% to $28,279,513 during the same period.

 

There were 3 foreclosure deeds filed against Holbrook properties during 2nd quarter 2016 compared to 7 foreclosure deed filings during the 2nd quarter 2015. 

 

Finally, homestead activity increased 43% in Holbrook during the 2nd quarter 2016 with 53 homesteads filed compared to 37 during the same time period in 2015.

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.