Holbrook, MA 3rd Quarter 2016 Real Estate Activity Report

During the 3rd quarter of 2016, real estate activity in Holbrook saw increases in both total sales volume and average sales price.

 

There was a 6% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 3rd quarter 2016. 722 land documents were recorded versus 679 during the third quarter 2015.  

 

The total volume of real estate sales in Holbrook during the 3rd quarter 2016 was $118,824,358, a 16% increase from the same time period in 2015. The average sale price of homes and commercial property also increased 11% in Holbrook. The average sale price was $289,605.  

 

The number of mortgages recorded (142) on Holbrook properties during the 3rd quarter 2016 was up 19% from the previous year. Total mortgage indebtedness also increased 15% to $31,553,474 during the same period.

 

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

 

Finally, homestead activity increased 61% in Holbrook during the 3rd quarter 2016 with 61 homesteads filed compared to 56 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.