The median sale price for a single-family home in Holbrook was $242,000 in the first six months of 2008. That represents a 21% drop from the first six months of 2007, and is the lowest figure since 2001, when the median sale price was $189,450.
Here are the recent median sale prices in Holbrook for the first 6 months of each year:
2000 - $171,900
2001 - $189,450
2002 - $244,900
2003 - $260,000
2004 - $301,250
2005 - $310,500
2006 - $317,000
2007 - $305,050
2008 - $242,000
From 2000 - 2006, the median sale price increased by 84%. Since 2006, the median sale price has dropped 24% in two years.
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