During 2017, real estate activity in Plainville saw increases in both total sales volume and average sales price.
There was a 2% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville in 2017. 2,023 land documents were recorded versus 2,074 in 2016.
The total volume of real estate sales in Plainville during 2016 was $69,718,926, a 32% increase from 2016. Also, the average sales price of homes and commercial property was up 21% in Plainville. The average sale price was $429,382.
The number of mortgages recorded (371) on Plainville properties in 2017 was down 13% from the previous year. However, total mortgage indebtedness increased by 45% to $167,544,073 during the same period.
There were 3 foreclosure deeds filed against Plainville properties during 2017, representing a 70% decrease from the previous year when there were 10 foreclosure deeds recorded.
Finally, homestead activity decreased 4% in Plainville during 2017 with 177 homesteads filed compared to 185 in 2016.