Holbrook, MA 3rd Quarter 2017 Real Estate Activity Report

During the 3rd quarter of 2017, real estate activity in Holbrook saw a decrease total sales volume but an increase in average sales price.

 

There was a 12% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 3rd quarter 2017. 637 land documents were recorded versus 722 during the third quarter 2016.  

 

The total volume of real estate sales in Holbrook during the 3rd quarter 2017 was $18,500,904, a 3% decrease from the same time period in 2016. However, the average sale price of homes and commercial property increased 13% in Holbrook. The average sale price was $324,577. 

 

The number of mortgages recorded (121) on Holbrook properties during the 3rd quarter 2017 was down 15% from the previous year. However, total mortgage indebtedness increased by 14% to $35,979,413 during the same period.

 

There were 3 foreclosure deeds filed against Holbrook properties during 3rd quarter 2017, the same number recorded during the 3rd quarter 2016. 

 

Finally, homestead activity decreased 15% in Holbrook during the 3rd quarter 2017 with 52 homesteads filed compared to 61 during the same time period in 2016.

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.