Plainville, MA 3rd Quarter 2016 Real Estate Activity Report

During the 3rd quarter of 2016, real estate activity in Plainville saw an increase in total sales volume but a decrease in average sales price.

 

There was a 14% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during the 3rd quarter 2016. 595 land documents were recorded versus 520 during the third quarter 2015.  

 

The total volume of real estate sales in Plainville during the 3rd quarter 2016 was $21,031,775, a 4% increase from the same time period in 2015. However, the average sale price of homes and commercial property decreased 11% in Plainville. The average sale price was $339,222. 

 

The number of mortgages recorded (126) on Plainville properties during the 3rd quarter 2016 was up 25% from the previous year. Total mortgage indebtedness also increased 19% to $30,706,180 during the same period.

 

There were 4 foreclosure deeds filed against Plainville properties during the 3rd quarter 2016, compared to 2 foreclosure deeds filed during the 3rd quarter 2015. 

 

Finally, homestead activity increased 58% in Plainville during the 3rd quarter 2016 with 60 homesteads filed compared to 38 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.