Plainville, MA 2015 Real Estate Activity Report

During 2015, real estate activity in Plainville saw decreases in both total volume and average sales price.

 

There was a 25% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville in 2015. 1,910 land documents were recorded versus 1,527 in 2014. 

 

The total volume of real estate sales in Plainville during 2015 was $57,538,858, a 36% decrease from 2014. The average sales price of homes and commercial property was also down 46% in Plainville. The average sale price was $359,617. The dramatic decreases in total volume and average sale price were directly attributable to the sale of Plainridge Race Track that took place in April, 2014.

 

The number of mortgages recorded (405) on Plainville properties in 2015 was up 40% from the previous year. Total mortgage indebtedness increased by 458% to $732,030,043 during the same period.

 

There were 5 foreclosure deed filed against Plainville properties during 2015, representing a 150% increase from the previous year when there were 2 foreclosure deeds recorded.

 

Finally, homestead activity increased 4% in Plainville during 2015 with 153 homesteads filed compared to 147 in 2014.

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.