During the 2nd quarter of 2021, real estate activity in Holbrook saw no change in total sales volume and decreases average sales price.
There was a 15% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Holbrook during the 2nd quarter 2021. 725 land documents were recorded versus 632 during the 2nd quarter 2020.
The total volume of real estate sales in Holbrook during the 2nd quarter 2021 was $21,485,838, a 0% increase from the same time period in 2020. Also, the average sale price of homes and commercial property decreased 28% in Holbrook. The average sale price was $370,445.48.
The number of mortgages recorded (168) on Holbrook properties during the 2nd quarter 2021 was up 8% from the previous year. However, total mortgage indebtedness was $48,824,234, down 26% from the 2nd quarter 2020.
There were 0 foreclosure deeds filed against Holbrook properties during the 2nd quarter 2021 compared to 1 foreclosure deed filed during the 2nd quarter 2020.
Finally, homestead activity in Holbrook increased 43% during the 2nd quarter 2021 with 53 homesteads filed, compared to 37 filed during the same time period in 2020.