Holbrook, MA 3rd Quarter 2019 Real Estate Activity Report

During the 3rd quarter of 2019, real estate activity in Holbrook saw increases in both total sales volume and average sales price.

 

There was a 29% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 3rd quarter 2019. 744 land documents were recorded versus 575 during the third quarter 2018.  

 

The total volume of real estate sales in Holbrook during the 3rd quarter 2019 was $38,668,674, an 87% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 19% in Holbrook. The average sale price was $449,635.   

 

The number of mortgages recorded (163) on Holbrook properties during the 3rd quarter 2019 was up 55% from the 3rd quarter 2018. Also, total mortgage indebtedness increased 102% to $57,926,329 during the same period. 

 

There were 2 foreclosure deeds filed against Holbrook properties during the 3rd quarter 2019, compared to 4 filed during the 3rd quarter 2018.  

 

Finally, homestead activity increased 38% in Holbrook during the 3rd quarter 2019 with 76 homesteads filed compared to 55 recorded during the same time period in 2018.

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.