During the 2nd quarter of 2021, real estate activity in Plainville saw decreases in total sales volume and average sales price.
There was a 26% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during the 2nd quarter 2021. 635 land documents were recorded versus 502 during the 2nd quarter 2020.
The total volume of real estate sales in Plainville during the 2nd quarter 2021 was $23,923,542, a 47% decrease from the same time period in 2020. Also, the average sale price of homes and commercial property decreased 67% in Plainville. The average sale price was $498,407.
The number of mortgages recorded (165) on Plainville properties during the 2nd quarter 2021 was up 23% from the previous year. Total mortgage indebtedness was $51,801,709, up 65% from the 2nd quarter 2020.
There were 2 foreclosure deeds filed against Plainville properties during the 2nd quarter 2021 compared to 0 foreclosure deed filed during the 2nd quarter 2020.
Finally, homestead activity in Plainville increased 32% during the 2nd quarter 2021 with 45 homesteads filed, compared to 34 filed during the same time period in 2020.