Lone Disclosed Sale Closes at $404,000 as Other Prices Stay Hidden

NORTH BROOKFIELD -- Nine property transfers were recorded in North Brookfield between June 26 and July 25, according to Worcester County Registry of Deeds records, but only one of those transactions included a disclosed sale price. That sale closed at $404,000, the only figure available to gauge pricing in the local market this period.

MARKET OVERVIEW

The registry recorded nine deed transfers in North Brookfield during the period. Of those, eight listed no consideration amount, meaning no sale price was disclosed in the deed record -- a common occurrence in registry data and not necessarily unusual. The one disclosed price was $404,000, recorded July 2. Because only a single transaction included a price, the reported range ($404,000 to $404,000) and median ($404,000) reflect that one sale rather than a distribution across the month's activity. The raw count of nine recorded transfers indicates properties continued to change hands steadily in town during the period, but with price data available for only one of nine transactions, the underlying dollar volume and pricing trend for the month cannot be assessed from this data set.

TOP SALES

The only transaction with a disclosed price was a property in North Brookfield -- the deed record did not list a street address -- that sold for $404,000 on July 2. The sellers were James R. Staney and Sandra E. Staney, and the buyer was James Lockwood. No beds, baths or square footage figures were available in the deed record. The remaining eight transactions recorded during the period did not include a disclosed sale price: 3 Sunset Drive (sold July 2), 2 Bell Road (July 2), 8 Barrett Road (July 1), 50 Green Road (June 30), 85 West Brookfield Road (June 30), 22 Spring Street (June 30), 14 S. Main Street (June 30) and 90 Smith Hanson Road (June 29).

NEIGHBORHOOD BREAKDOWN

The nine recorded transfers were spread across eight named streets plus one property whose street address was not specified in the deed record. No two transactions in this period shared the same street, so no street-level clustering pattern emerged. Because pricing data is available for only one of the nine sales, a breakdown by price tier is not meaningful for this period.

MARKET NOTES

Several of the recorded transfers listed financial institutions among the sellers, including PeoplesBank, Webster First Federal Credit Union, Farm Credit East ACA, and Mortgage Electronic Registration Systems Inc., which appeared as a seller in two separate transactions (85 Smith Hanson Road-area records list MERS transferring to Amerisave Mortgage Corp, and a separate deed lists MERS transferring to Rocket Mortgage LLC). The deed data does not indicate the reason for these transfers. Beds, baths and square footage were not available in any of the nine deed records, so no price-per-square-foot comparison can be made. With only one of nine transactions disclosing a price, this period's data offers a limited basis for drawing conclusions about overall market pricing in North Brookfield.

Recorded Deeds

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

Jun 29 - Jul 5

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