Is Holbrook, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Holbrook is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Holbrook has remained a Seller's Market.

Key Takeaway

Holbrook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Holbrook, MA

How much do homes in Holbrook, MA cost?

Median Sold Price

$502,500

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$27,500(+5.8%)

Key Takeaway

Homes in Holbrook have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Holbrook was $502,500 in February 2024, up 5.8% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $305K$217K
-28.9%
2 $356.9K$399.5K
+11.9%
3 $475K$500K
+5.3%
4 $532.5K$551K
+3.5%
5+ $585K$608K
+3.9%

Summary: Holbrook housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.9%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Cities

South Weymouth
+13.6%
Braintree Town
+6.7%
Holbrook
+5.8%
Abington
+4.0%
Randolph
+1.4%

Housing Supply in Holbrook, MA

How many homes are available in Holbrook, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1817-5.6%

Summary: The Holbrook real estate market had 17 homes for sale in February 2024, a 5.6% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 89
+12.5%
4 54
-20.0%
5+ 32
-33.3%

Summary: The Holbrook housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Holbrook, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Holbrook in February 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Holbrook, MA

How long does it take to sell a home in Holbrook, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
47 Days21 Days-55.8%

Summary: Homes in Holbrook had an average of 21 days on market in Feb 2024, down by 55.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Holbrook are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 4 homes were sold in Holbrook; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Holbrook, MA

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