During the 2nd quarter of 2019, real estate activity in Plainville saw large increases in both total sales volume and average sales price.
There was a 9% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during the 2nd quarter 2019. 460 land documents were recorded versus 423 during the second quarter 2018.
The total volume of real estate sales in Plainville during the 2nd quarter 2019 was $39,425,906, a 210% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 115% in Plainville. The average sale price was $758,190. These figures were impacted by an $14.1 million deed recorded on 5/15/19.
The number of mortgages recorded (96) on Plainville properties during the 2nd quarter 2019 was up 13% from the previous year. However, total mortgage indebtedness decreased 20% to $28,052,773.
There were 0 foreclosure deeds filed against Plainville properties during the 2nd quarter 2019, compared to 1 filed during the 2nd quarter 2018.
Finally, homestead activity increased 29% in Plainville during the 2nd quarter 2019 with 53 homesteads filed compared to 41 during the same time period in 2018.