Is Holbrook, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$508,000
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Holbrook have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Holbrook was $508,000 in April 2024, up 7.6% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $217K | -28.9% |
| 2 Bedrooms | $355K | $395K | +11.3% |
| 3 Bedrooms | $472K | $505K | +7.0% |
| 4 Bedrooms | $520K | $550K | +5.8% |
| 5+ Bedrooms | $570K | $608K | +6.7% |
Summary: Holbrook housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.9%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| South Weymouth | $528.3K | $582.5K | +10.3% |
| Abington | $487.5K | $527.7K | +8.3% |
| Holbrook | $472K | $508K | +7.6% |
| Braintree Town | $618.3K | $650K | +5.1% |
| Randolph | $510K | $520K | +2.0% |
Housing Supply in Holbrook, MA
How many homes are available in Holbrook, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Holbrook real estate market had 24 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The Holbrook housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holbrook, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Holbrook in April 2024, up by 12.5% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 30 Days | -22.3% |
Summary: Homes in Holbrook had an average of 30 days on market in Apr 2024, down by 22.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Holbrook are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Holbrook; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
