Newbury's Top Sale Hits $1 Million as Family Trust Transfers Dominate Filings
Newbury recorded 14 property transfers between July 17 and Aug. 15, but only five deeds had a sale price recorded, ranging from $580,000 to $1 million, with a median of $700,000. The period's top sale was a condominium unit at 7 Exeter Way, Lot 13, which sold for $1 million on July 30. Half of all
Newbury recorded 14 property transfers between July 17 and Aug. 15, but only five deeds had a sale price recorded, ranging from $580,000 to $1 million, with a median of $700,000. The period's top sale was a condominium unit at 7 Exeter Way, Lot 13, which sold for $1 million on July 30. Half of all recorded transfers, seven of 14, were between family members or into a self-named trust, none with a recorded price, a pattern common in estate planning. No street had more than one sale, and six transfers involved condominium or multi-unit lots. With most sale prices not yet recorded, the data provides a limited view of pricing trends this period.
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