Holbrook, MA 3rd Quarter 2015 Real Estate Activity Report

Holbrook, MA Real Estate Activity Report


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July 1, 2015 – September 30, 2015


 


Real Estate activity in Holbrook during the 3rd quarter of 2015 saw increases in both total real estate sales volume and borrowing.


 


There was a 27% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 3rd quarter of 2015. 679 land documents were recorded versus 533 during the 3rd quarter of 2014.


 


The total dollar volume of real estate sales in Holbrook during the 3rd quarter of 2015 was $16,198,936, a 19% increase over 2014 2nd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $261,273, representing no percentage gain from the same time period in 2014.


 


The number of mortgages recorded against Holbrook properties during the 3rd quarter of 2015 was 119, a 32% increase from the 3rd quarter 2014 number. Total mortgage indebtedness was $27,400,675 for the quarter compared to $17,914,301 for the 3rd quarter 2014.


 


There were 2 foreclosure deeds filed against Holbrook properties during the 3rd quarter 2015. This was the same number of foreclosure deeds filed against Holbrook property during the 3rd quarter 2014. 


 


Finally, homestead activity increased in Holbrook during the 3rd quarter 2015 with 56 Homesteads recorded representing a 22% increase from the 3rd quarter 2014 total of 46.

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.