During the 2nd quarter of 2018, real estate activity in Plainville saw decreases in both total sales volume and average sales price.
There was a 19% decrease in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during the 2nd quarter 2018. 421 land documents were recorded versus 517 during the second quarter 2017.
The total volume of real estate sales in Plainville during the 2nd quarter 2018 was $12,720,793, a 56% decrease from the same time period in 2017. Also, the average sale price of homes and commercial property decreased 26% in Plainville. The average sale price was $353,355.
The number of mortgages recorded (85) on Plainville properties during the 2nd quarter 2018 was down 9% from the previous year. However, total mortgage indebtedness increased 11% to $34,874,064.
There was 1 foreclosure deed filed against a Plainville property during the 2nd quarter 2018, the same number recorded during the 2nd quarter 2017.
Finally, homestead activity decreased 13% in Plainville during the 2nd quarter 2018 with 41 homesteads filed compared to 47 during the same time period in 2017.