Real Estate activity in Plainville, MA during the 2nd quarter of 2015 saw decreases in both total real estate sales and total mortgage indebtedness.

There was a 31% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during the 2nd quarter of 2015. 516 land documents were recorded versus 394 during the 2nd quarter of 2014.

The total dollar volume of real estate sales in Plainville during the 2nd quarter of 2015 was $13,130,913, a 78% decrease over 2014 2nd quarter numbers. The average sales price of deeds over $1000, both residential and commercial properties, was $336,690, a 78% decrease from the same time period in 2014. These decreases were the direct result of the one time $42 million sale of Plainridge Raceway that took place on 4/11/2014.

The number of mortgages recorded against Plainville properties during the 2nd quarter of 2015 was 112, a 42% increase from the 2nd quarter 2014 number. Total mortgage indebtedness was $36,997,735 for the quarter compared to $88,029,874 for the 2nd quarter 2014.

2 foreclosure deeds were filed against Plainville properties during the 2nd quarter 2015.

Finally, homestead activity increased slightly in Plainville during the 2nd quarter 2015 with 40 Homesteads recorded representing a 3% increase from the 2nd quarter 2014 total of 39.