Only Two Of 14 Gloucester Property Transfers Carry Sale Prices
Gloucester recorded 14 property deed transfers between Sept. 11 and Oct. 10, but only two carried a confirmed market sale price: $649,000 for 4 Lynwood Ave and $849,000 for 5-7 Swinson Way, the period's top sale, giving a median of $749,000.
Gloucester recorded 14 property deed transfers between Sept. 11 and Oct. 10, but only two carried a confirmed market sale price: $649,000 for 4 Lynwood Ave and $849,000 for 5-7 Swinson Way, the period's top sale, giving a median of $749,000. Ten of the 14 transfers were nominal-consideration transactions, several involving the same name as both grantor and grantee or a transfer into a trust, and two more sales have price not yet available. With so few confirmed market-rate sales recorded, the data offers limited basis for characterizing overall market tone this period.
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