Plainville, MA 2nd Quarter 2016 Real Estate Activity Report

During the 2nd quarter of 2016, real estate activity in Plainville saw significant increases in both total sales volume and average sales price.

 

There was a 9% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during the 2nd quarter 2016. 472 land documents were recorded versus 516 during the second quarter 2015.  

 

The total volume of real estate sales in Plainville during the 2nd quarter 2016 was $27,779,259, a 112% increase from the same time period in 2015. Also, the average sale price of homes and commercial property increased 123% in Plainville. The average sale price was $750,790. 

 

The number of mortgages recorded (102) on Plainville properties during the 2nd quarter 2016 was down 9% from the previous year. Total mortgage indebtedness also decreased 4% to $35,594,470 during the same period.

 

There were 3 foreclosure deeds filed against Plainville properties during 2nd quarter 2016, compared to 2 foreclosure deeds filed during the 2nd quarter 2015. 

 

Finally, homestead activity increased 3% in Plainville during the 2nd quarter 2016 with 41 homesteads filed compared to 40 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.