Real estate activity in Holbrook, MA during the 1st quarter of 2015 saw decreases in both total real estate sales volume and borrowing.
There was a 1% decrease in total land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 1st quarter of 2015. 440 land documents were recorded versus 444 during the 1st quarter of 2014.
The total dollar volume of real estate sales in Holbrook during the 1st quarter of 2015 was $7,273,877, a 46% decrease over 2014 1st quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $259,781, a 35% decrease over 1st quarter 2014.
The number of mortgages recorded on Holbrook properties during the 1st quarter of 2015 was 91, a 28% increase from the same time period in 2014. Total mortgage indebtedness was $18,244,514 for the quarter compared to $37,902,114 for the 1st quarter 2014.
There were 9 foreclosure deeds recorded against Holbrook properties during the 1st quarter of 2015 compared to 1 recording during the same time period in 2014.
Finally, Homestead activity decreased in Holbrook during the 1st quarter of 2015. 19 Homesteads were recorded in the quarter representing an 39% reduction from the 1st quarter 2014 number of 31.