During the 1st quarter of 2017, real estate activity in Plainville saw increases in both total sales volume and average sales price.
There was a 1% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during the 1st quarter 2017. 451 land documents were recorded versus 457 during the first quarter 2016.
The total volume of real estate sales in Plainville during the 1st quarter 2017 was $18,827,408, a 63% increase from the same time period in 2016. Also, the average sale price of homes and commercial property increased 109% in Plainville. The average sale price was $409,291.
The number of mortgages recorded (84) on Plainville properties during the 1st quarter 2017 was up 1% from the previous year. Total mortgage indebtedness also increased 32% to $26,879,302 during the same period.
There were 0 foreclosure deeds filed against Plainville properties during 1st quarter 2017 compared to 1 filing during the 1st quarter 2016.
Finally, homestead activity decreased 16% in Plainville during the 1st quarter 2017 with 38 homesteads filed compared to 45 during the same time period in 2016.