2012 Metrowest Real Estate Statistics in Plainville, MA

It’s always interesting to take note of real estate statistics from year to year. Let’s take a look at the Metrowest town of Plainville, MA.

Plainville, MA is a small rural town with a population of roughly 8000 people.  It is an easy commute to Boston or Providence via Route 495 or Route 1 and 1A.  There have been recent renovations to the elementary school and a new Grade 4-6 school (The Beatrice Wood School).  A total renovation of the High School is also in progress!  Now, let’s look at the stats-

In comparing numbers from 2011-2012, we look at 3 main bits of information – number of homes sold from year to year (this includes single family, multi-family and condos), average days on market (the amount of time it takes to sell a home from listing the home to the time an offer is accepted) and average sales price.

In the town of Plainville, MA – 2 out of the 3 statistics were on the upswing, but one of the numbers dropped a bit.  In 2011, the average sales price did drop from $298K to $278K in 2012.  This looks like it was due to more homes available in the lower price range.  The good news is that the number of homes sold in 2011 was 66 compared with 92 in 2012!  The average days on market went down (that’s a good thing!) from 123 days in 2011 to 110 days in 2012!

Feel free to check out the full report below on Plainville, MA and stay tuned for more information coming up!

 

2012 Metrowest Real Estate Statistics in Plainville:

Report Run: 2/10/2013 10:21:28 AM
Property Type(s): SF, CC, MF
Status: SLD
Start Date: 1/1/2012
End Date: 12/31/2012
Towns: Plainville
Price Range # of
Listings
Avg. Days
on Market
Average
Sale Price
Average
List Price
SP:LP
Ratio
Average
Orig Price
SP:OP
Ratio
$0 – $49,999 1 77 $48,000 $49,900 96 $63,000 76
$50,000 – $99,999 3 233 $68,333 $79,800 88 $125,000 59
$100,000 – $149,999 7 161 $126,786 $128,314 99 $148,514 88
$150,000 – $199,999 9 86 $177,911 $187,450 95 $196,571 91
$200,000 – $249,999 18 123 $220,978 $230,606 96 $237,428 94
$250,000 – $299,999 20 111 $268,830 $273,280 99 $276,630 97
$300,000 – $349,999 10 63 $328,550 $338,320 97 $344,840 96
$350,000 – $399,999 9 82 $374,167 $386,933 97 $394,722 95
$400,000 – $449,999 8 116 $422,975 $441,613 96 $443,488 95
$450,000 – $499,999 3 80 $469,167 $479,933 98 $493,267 95
$500,000 – $599,999 4 115 $514,000 $523,700 98 $536,200 96
$600,000 – $699,999 0 0 $0 $0 0 $0 0
$700,000 – $799,999 0 0 $0 $0 0 $0 0
$800,000 – $899,999 0 0 $0 $0 0 $0 0
$900,000 – $999,999 0 0 $0 $0 0 $0 0
$1,000,000 – $1,499,999 0 0 $0 $0 0 $0 0
$1,500,000 – $1,999,999 0 0 $0 $0 0 $0 0
$2,000,000 – $2,499,999 0 0 $0 $0 0 $0 0
$2,500,000 – $2,999,999 0 0 $0 $0 0 $0 0
$3,000,000 – $3,999,999 0 0 $0 $0 0 $0 0
$4,000,000 – $4,999,999 0 0 $0 $0 0 $0 0
$5,000,000 – $9,999,999 0 0 $0 $0 0 $0 0
$10,000,000 – $99,999,999 0 0 $0 $0 0 $0 0
Total Properties 92 Avg. 110 $278,220 $287,219 97 $295,940 93
Lowest Price: $48,000 Median Price: $266,000
Highest Price: $525,000 Average Price: $278,220
Total Market Volume: $25,596,198

Last Word on 2011 Real Estate Market in Plainville, MA

 

Plainville Homes for Sale

Homes for Sale in Plainville

All real estate is local, so when we hear the stories of how real estate is doing in California, or Nevada, or even Vermont and Maine, we know that it doesn’t mean much to what’s happening in the Metrowest Boston Real Estate Market.

I’ve reviewed over a dozen towns in Metrowest Boston and I do see some similarities. And Plainville is no different. All towns but one that I reviewed saw a slight drop in the average sale price over 2010. But most towns saw an increase in the number of homes sold. Plainville differs there. In 2011, when only looking at single family homes sold, Plainvills sold less when compared to 2010. See the summarized data below.  There were 49 homes sold in 2011. Home sales ranged from $134,500 on the low end up to $545,000 on the high end. If you’d like to see more detail about price ranges that sold in 2011 in Plainville take a look at the MLS report on Plainville’s 2011 sales. If you would like to know more about the value of your home, or would like to look at hoems in Plainville, call Marcia at 508 377 7171