Gloucester Deed Activity Steady in August, but Pricing Mostly Undisclosed

Gloucester recorded 15 property deeds between July 17 and Aug. 15, but only one disclosed a sale price: $1,500,000 for 28 Eastern Point Rd Lot 4B, sold by Thomas P. Schmidt, trustee, to 28 Eastern Point LLC. That figure also stands as the period's price range and median, since no other transaction included consideration data. At least 11 of the 15 deeds involved matching family names or trust entities, including three transfers each on Castle View Drive and North Landing Way, suggesting estate or trust-related activity rather than open-market sales. With pricing disclosed on just one of 15 deeds, the data cannot support a broader read on Gloucester's market tone this period.