Lancaster Median Sale Price Reaches $405,000 Amid Five Disclosed Deeds

LANCASTER -- Twelve property transfers were recorded in Lancaster between Aug. 14 and Sep. 12, according to Worcester County Registry of Deeds records, though only five of those deeds disclosed a sale price, ranging from $40,000 to $504,000.

MARKET OVERVIEW

Twelve deeds were recorded in Lancaster during the four-week period. Five of the 12 listed a consideration amount; the other seven did not disclose a price, which is common for certain deed types, including trustee, estate and lender-related transfers. Among the five sales with disclosed prices, values ranged from $40,000 to $504,000, with a median of $405,000. The raw count of 12 recorded transfers reflects one month of registry activity in Lancaster; no prior-period data was available for comparison, so whether this represents an active or quiet stretch relative to other months cannot be determined from this dataset alone.

TOP SALES

A Lancaster property sold for $504,000 on Aug. 18, the highest disclosed price in the period. Michael J. Laughlin and Rebecca Laughlin were listed as sellers; LoanDepot.com LLC and Mortgage Electronic Registration Systems Inc. were listed as buyers. A specific street address was not included in the deed record for this transfer.

12 Meditation Lane, Unit 10B, sold for $477,375 on Aug. 14. Colleen M. Wilson was the seller; Robert Salvatore and Diane Salvatore were the buyers.

181 Parker Road sold for $405,000 on Aug. 14. Gilmar Desousa and Mary Cecilia Desouza were the sellers; Mortgage Electronic Registration Systems Inc. and Champions Funding LLC were the buyers.

120 High St. Ext. sold for $200,000 on Aug. 14. Ernest J. Chiasson and Karen M. Chiasson were the sellers; Citizens Bank NA was the buyer.

54 Bolton Road sold for $40,000 on Aug. 17. Vanessa Verde McIntyre and Joseph Verde were the sellers; CMG Mortgage Inc. and CMG Home Loans were the buyers.

NEIGHBORHOOD BREAKDOWN

Meditation Lane recorded two transfers in the period: the $477,375 sale of Unit 10B on Aug. 14 and a separate, price-undisclosed transfer at 12 Meditation Lane on Aug. 17, both listing Colleen M. Wilson as seller. No other street had more than one recorded transfer during the period. By price tier among the five disclosed sales: one transaction fell under $200,000 (the $40,000 Bolton Road sale); three fell between $200,000 and $500,000 (High Street Extension, Parker Road and the Meditation Lane unit); and one exceeded $500,000 (the $504,000 sale recorded Aug. 18).

MARKET NOTES

Bedroom, bathroom and square-footage figures are not available from deed records, so no price-per-square-foot comparisons can be made for this period. Four of the five disclosed-price sales listed a bank or mortgage company as a buyer or co-buyer: LoanDepot.com LLC, Mortgage Electronic Registration Systems Inc., Champions Funding LLC, CMG Mortgage Inc./CMG Home Loans, or Citizens Bank NA. Among the seven undisclosed-price transfers, several also involved lender or trust entities, including CrossCountry Mortgage LLC alongside Mortgage Electronic Registration Systems Inc., and the Seven Bridge Road Realty Trust with Joyce E. Moody listed as trustee. The Meditation Lane sale indicates at least one condominium unit transaction among the disclosed sales; deed records do not specify property type for the remaining transfers.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.