During 2019, real estate activity in Plainville saw decreases in both total sales volume and average sales price.
There was a 5% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during 2019. 1,748 land documents were recorded versus 1,667 during 2018.
The total volume of real estate sales in Plainville during 2019 was $89,033,101, a 71% decrease from 2018. Also, the average sale price of homes and commercial property decreased 74% in Plainville. The average sale price was $578,137. These figures were impacted by a $250 commercial property sale that took place against a Plainville property on 10/17/18.
The number of mortgages recorded (385) on Plainville properties during 2019 was up 18% from the previous year. Also, total mortgage indebtedness increased 17% to $207,819,491.
There was 1 foreclosure deed filed against a Plainville property during 2019, compared to 7 filed during 2018.
Finally, homestead activity increased 18% in Plainville during 2019 with 165 homesteads filed compared to 140 during 2018.