During the 3rd quarter of 2019, real estate activity in Plainville saw increases in both total sales volume and average sales price.
There was a 3% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during the 3rd quarter 2019. 501 land documents were recorded versus 488 during the third quarter 2018.
The total volume of real estate sales in Plainville during the 3rd quarter 2019 was $21,451,203, a 7% increase from the same time period in 2018. Also, the average sale price of homes and commercial property increased 22% in Plainville. The average sale price was $523,200.
The number of mortgages recorded (116) on Plainville properties during the 3rd quarter 2019 was up 17% from the previous year. Also, total mortgage indebtedness increased 220% to $110,290,519.
There were 0 foreclosure deeds filed against Plainville properties during the 3rd quarter 2019, compared to 3 filed during the 3rd quarter 2018.
Finally, homestead activity decreased 7% in Plainville during the 3rd quarter 2019 with 42 homesteads filed compared to 45 during the same time period in 2018.