Plainville, MA 1st Quarter 2016 Real Estate Activity Report

During the 1st quarter of 2016, real estate activity in Plainville saw decreases in both total sales volume and 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 Plainville during the 1st quarter 2016. 457 land documents were recorded versus 396 during the first quarter 2015.  

 

The total volume of real estate sales in Plainville during the 1st quarter 2016 was $11,566,797, an 8% decrease from the same time period in 2015. Also, the average sale price of homes and commercial property decreased 50% in Plainville. The average sale price was $196,047. 

 

The number of mortgages recorded (83) on Plainville properties during the 1st quarter 2016 was down 5% from the previous year. Total mortgage indebtedness also decreased 14% to $20,404,250 during the same period.

 

There was 1 foreclosure deed filed against a Plainville property during 1st quarter 2016, the same number filed during the 1st quarter 2015. 

 

Finally, homestead activity increased 10% in Plainville during the 1st quarter 2016 with 45 homesteads filed compared to 41 during the same time period in 2015.

The Norfolk County Registry of Deeds will be closed on Thursday, July 4th in celebration of Independence Day. We are open Friday, July 5th.

The Norfolk County Registry of Deeds is closed Today, July 4th in celebration of Independence Day. We are open Friday, July 5th.