Leicester sees wave of bank-related transfers as sale prices lag deed recordings
Twelve deeds were recorded in Leicester, Massachusetts, from Aug. 14 to Sept. 12, but only four carried sale prices by press time, ranging from $15,000 to $390,000 with a median of $237,960.
Twelve deeds were recorded in Leicester, Massachusetts, from Aug. 14 to Sept. 12, but only four carried sale prices by press time, ranging from $15,000 to $390,000 with a median of $237,960. The top transaction was 11 King St. Ext., which sold for $390,000 to Bank of America N.A. and Mortgage Electronic Registration Systems Inc. One transfer, at 54 Grove St., was recorded with nominal consideration and excluded from price figures. Several deeds listed banks or credit unions as buyer or seller. With most prices still pending, the data does not yet support conclusions about overall market direction.
Members read the rest of this story and every Leicester meeting we cover, in full.
Become a memberAlready a member? Sign inA 30-day free trial needs a payment method. After it, your membership renews at the price shown at checkout until you cancel, which you can do anytime from your account. Subscription terms
Share this brief
Know someone in Leicester who follows town government? Share Townbrief Leicester: they can sign up free.