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 October 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

$525,000

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,500(+9.9%)

Key Takeaway

Homes in Holbrook have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Holbrook was $525,000 in October 2024, up 9.9% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $217K-
N/A
2 $372K$420K
+12.9%
3 $472K$525.5K
+11.3%
4 $567.5K$572.2K
+0.8%
5+ $604K$700K
+15.9%

Summary: Holbrook housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 15.9%.

Median Sold Price Compared To Nearby Cities

Holbrook
+9.9%
Randolph
+9.6%
South Weymouth
+5.8%
Braintree Town
+4.8%
Abington
0.0%

Housing Supply in Holbrook, MA

How many homes are available in Holbrook, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2831+10.7%

Summary: The Holbrook real estate market had 31 homes for sale in October 2024, a 10.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1817
-5.6%
4 25
+150.0%
5+ 12
+100.0%

Summary: The Holbrook housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

7 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. 77.8% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Holbrook in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% 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

Oct 2023Oct 2024CHANGE
24 Days24 Days0.2%

Summary: Homes in Holbrook had an average of 24 days on market in Oct 2024, up by 0.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were 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 October 2024, 9 homes were sold in Holbrook; 67% of homes were sold within 30 days, 33% 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 20 Days Ago

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