Single Priced Sale Caps Berlin's September Housing Market At $677,500

BERLIN -- Berlin's property registry recorded nine transfers between Sept. 4 and Oct. 3, but as of this report only one carried a sale price: a $677,500 condominium sale on Campbell Road. The other eight are still awaiting price data from the Worcester County Registry of Deeds, which typically appears within about a week of recording.

MARKET OVERVIEW

Nine sales were recorded in Berlin during the period. Of those, one has a recorded sale price, $677,500, which sets both the current price range and the median for the month. Because only one of nine transactions has a price attached, the data isn't yet sufficient to characterize the month as active or quiet based on dollar volume. Based on raw count alone, nine recorded deeds is a typical volume for a small town like Berlin over a four-week span. Prices for the remaining eight sales should populate the registry's records in the coming days.

TOP SALES

The only sale with a recorded price is 9 Campbell Rd Unit 46, which sold for $677,500 on Sept. 10. The sellers were John S. Balian and Kristin A. Balian, as trustees, and the buyers were Daniel Jacavanco Jr. and Garnett Jacavanco. No bed, bath, or square footage data is available for this transaction.

The remaining eight recorded transfers do not yet have sale prices and cannot be ranked by value: 67 Lancaster Rd (sold Sept. 14), 57 Summer Rd (sold Sept. 14), 240 Gates Pond Rd (sold Sept. 10), 3 Lincoln Rd (sold Sept. 10), 215 River Rd (sold Sept. 10), 263 West St (sold Sept. 9), 207 South St (sold Sept. 4), and one Berlin property with no street address listed in the data (sold Sept. 14). Once prices are recorded, this list may change.

NEIGHBORHOOD BREAKDOWN

No street in this month's data had more than one recorded transfer, so there is no street-level clustering to report. By price tier, only one transaction, the $677,500 Campbell Road condominium, has a confirmed value. The other eight sales cannot yet be sorted into price tiers because their sale prices have not been recorded.

MARKET NOTES

Three of the nine recorded transfers list a bank or mortgage-related entity as grantor: Mortgage Electronic Registration Systems Inc. and Mortgage Network Inc. at 67 Lancaster Rd; Avidia Bank and Patricia L. Cariveau at 57 Summer Rd; and Mortgage Electronic Registration Systems Inc. and Residential Mortgage Services Inc. at 3 Lincoln Rd. Filings naming these entities as sellers are typically tied to mortgage discharges, assignments, or lender-related transactions rather than conventional owner-to-buyer sales.

One transfer, the property listed only as "Berlin, MA," moved from Zafar Shahzad and Syeda Tabinda Shahzad to the Shahzad Family Revocable Trust, with Syeda Tabinda Shahzad as trustee, a transfer within the same family. The Sept. 10 transfer at 9 Campbell Rd Unit 46 was also a trust-to-individual transfer, from John S. and Kristin A. Balian as trustees to the Jacavancos.

Of the nine recorded properties, one was identified as a condominium unit (9 Campbell Rd Unit 46); property type for the remaining eight is not specified in the available data. Eight of the nine sales, or about 89%, do not yet have a recorded sale price, consistent with the registry's typical reporting lag rather than any withholding of information by buyers or sellers.

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.