Single Recorded Sale Price Anchors Slow Start to Oakham's September Market

OAKHAM -- Nine properties recorded deed transfers in Oakham between Aug. 21 and Sept. 19, but only one has a sale price on file with the Worcester County Registry of Deeds so far, leaving most of the period's market activity undocumented in dollar terms.

MARKET OVERVIEW The registry recorded nine sales during the period. Of those, one carries a sale price: $505,672 for a property in Oakham. Because that is the only priced transaction, it also stands as both the low and high end of the range and the median. Sale prices for the other eight transfers had not yet reached the registry as of this report; that typically happens within about a week of recording. Based on raw count alone, nine transfers in a four-week window is a typical volume for a small town like Oakham, though a fuller price picture will not be available until the remaining consideration amounts post.

TOP SALES The only transaction with a recorded price is the Sept. 10 sale in Oakham for $505,672, sold by Mariano and Lorena Pereira to CrossCountry Mortgage LLC. No address, bed, bath or square footage data was included in the deed record. The remaining eight sales, listed below by date, do not yet have recorded prices: 0 Stone Rd. (Sept. 11, seller Hughes Family Trust), 171 Farm Pond Rd. (Sept. 10, seller North Brookfield Savings Bank), 300 Stone Rd. (Sept. 10, seller Mariano and Lorena Pereira), 203 Farm Pond Rd. (Sept. 8, seller Blancato Joseph Jr. Tr.) and 157 Robinson Rd. (Sept. 4, seller Provident Funding Associates LP). Once consideration amounts are recorded, this list may be revised.

NEIGHBORHOOD BREAKDOWN Two streets saw more than one transfer during the period. Stone Road had two sales, at 0 Stone Rd. and 300 Stone Rd., both with Mariano and Lorena Pereira listed as seller. Farm Pond Road also had two transfers, at 171 Farm Pond Rd. and 203 Farm Pond Rd. The remaining five sales were single transactions on Robinson Road, North Brookfield Road, Old Turnpike Road and East Hill Road. With price data available for only one of the nine sales, a price-tier breakdown by neighborhood is not possible this period.

MARKET NOTES Several sellers in this period were lending institutions rather than individual homeowners: North Brookfield Savings Bank sold 171 Farm Pond Rd., and Provident Funding Associates LP sold 157 Robinson Rd. The one sale with a recorded price also listed a mortgage company, CrossCountry Mortgage LLC, as the buyer. Three of the nine transfers involved a trust as seller: the Hughes Family Trust at 0 Stone Rd., Joseph Blancato Jr. as trustee at 203 Farm Pond Rd., and Mark J. Clockedile as trustee at 581 East Hill Rd. No bed, bath or square footage figures were available in any of the nine deed records, so no price-per-square-foot comparisons can be made this period.

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.