Single $250,000 Sale Sets Market Tone Amid Mostly Pending Shrewsbury Deed Prices

SHREWSBURY -- Thirteen property transfers were recorded at the Worcester County Registry of Deeds for Shrewsbury between Aug. 14 and Sept. 12, but only one carried a sale price in the data available at publication, leaving most of the period's market activity undetermined for now.

MARKET OVERVIEW Thirteen property transfers were recorded in Shrewsbury during the period, according to Worcester County Registry of Deeds data. Of those, only one included a sale price at the time this report was compiled: $250,000. Two transfers, at 22 Tanager Drive and 252 South Quinsigamond Avenue, were recorded for nominal consideration under $10,000 and are not market sales; they are excluded from any price figures. The remaining 10 transfers have no price recorded yet, which is common for deed data and typically resolves within about a week of recording. Because only one transaction carries a price, that $250,000 figure stands as the low end, high end and median of the range this period. The count of 13 recorded transfers reflects the registry's full activity for Shrewsbury during the window, though with price data largely pending, it is not yet possible to assess whether the period ran active or quiet based on value alone.

TOP SALES The single transaction with a recorded price was a $250,000 sale in which the seller was listed as PEI TR and Revocable Trust, and the buyer was Worcester Credit Union. The deed record for that transfer did not specify a street address. No other transaction in the period has a recorded price yet, so a ranked list of top sales beyond this one transaction is not possible until additional figures post to the registry. Transfers still awaiting price data include properties on Shady Lane Avenue, Main Street, Longfellow Road, Grove Street, Trowbridge Lane (two separate transfers), Orchard Meadow Drive, Harrington Farms Way, Edgemere Boulevard and Eastern Point Drive.

NEIGHBORHOOD BREAKDOWN Trowbridge Lane was the only street with more than one recorded transfer this period, with properties at 50 and 67 Trowbridge Lane both changing hands. Every other transfer occurred on a distinct street: Shady Lane Avenue, Tanager Drive, South Quinsigamond Avenue, Main Street, Longfellow Road, Grove Street, Orchard Meadow Drive, Harrington Farms Way, Edgemere Boulevard and Eastern Point Drive. With only one of the 13 transfers carrying a recorded price, a breakdown by price tier is not possible this period; a geographic view is the most complete picture the current data supports.

MARKET NOTES Two of the 13 recorded transfers, at 22 Tanager Drive and 252 South Quinsigamond Avenue, were nominal-consideration transfers rather than market sales. At 252 South Quinsigamond Avenue, the seller, James J. Shields, and the buyer, Jim Shields LLC, share the Shields surname. Mortgage Electronic Registration Systems Inc. was listed as a seller in transfers at 46 Shady Lane Avenue and 509 Main Street, and Central One Federal Credit Union was listed as a seller at 41 Longfellow Road. Sellers identified with trustee designations appear in transfers at 76 Grove Street, involving Tibbetts Realty Trust and Brian Tibbetts as trustee, and at 67 Trowbridge Lane, involving Paula A. Aiello individually and as trustee. No bedroom, bathroom or square-footage figures were available for any transfer this period, so no price-per-square-foot comparisons can be made. Ten of the 13 transfers remain without recorded prices as of this report, and buyer information was not provided in the registry data for most of them.

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.