Northfield Sale Prices Stay Scarce Even As Transfer Volume Holds Steady

NORTHFIELD -- Twelve properties changed hands in Northfield between Aug. 14 and Sept. 12, but only two of those transactions carried a recorded sale price by the time the Franklin County Registry of Deeds data was compiled, leaving most of the month's market activity still to be priced.

MARKET OVERVIEW The registry recorded 12 property transfers in Northfield during the period. Of those, two carried a disclosed sale price, ranging from $110,000 to $125,000, with a median of $117,500 based on those two transactions. Two additional transfers were recorded for nominal consideration and are not counted as market sales. The remaining eight transfers have no price yet available, which is typical of deed data in the days after recording and does not indicate withheld information. With prices pending for the majority of transfers, it is not possible to characterize the broader price trend for the month; the raw count of 12 recorded transfers suggests a typical level of transfer activity for Northfield.

TOP SALES 590 South Mountain Rd sold for $125,000 on Aug. 17. The sellers were Carolyn M. Kennedy and Keith P. Kennedy; the buyer was Greenfield Savings Bank. 84 Captain Beers Plain Rd sold for $110,000 on Aug. 17. The seller was listed as Kaitlin R. Shearer, also recorded as Kaitlin R. Churchill; the buyer was Greenfield Cooperative Bank. No other transfers in this period have a recorded sale price. Bed, bath and square-footage figures were not available in the deed records for any transaction.

NEIGHBORHOOD BREAKDOWN South Mountain Road saw two transfers: 529 South Mountain Rd (Miles Palmer and Hayden Palmer to Greenfield Savings Bank, price not yet available) and 590 South Mountain Rd ($125,000, as noted above). Birnam Road also saw two transfers: 21 Birnam Rd (Greenfield Cooperative Bank to David M. Johnson Sr. and Judith L. Johnson, price not yet available) and 217 Birnam Rd (a nominal-consideration transfer from Cynthia M. Knudsen to Deborah L. Johnson). Millers Falls Road had two transfers as well: 952 Millers Falls Rd (sellers Jamie S. Matosky and Kayla J. Matosky, price not yet available) and 459 Millers Falls Rd (Greenfield Cooperative Bank to Laura Turner and Jason Turner, price not yet available). The remaining transfers, at Hinsdale Road, Main Street, Pine Meadow Road, South Mountain Road (363), Captain Beers Plain Road and Jewett Road, were each single transactions on their respective streets. With only two of 12 transfers carrying a disclosed price, a price-tier breakdown is not meaningful for this period.

MARKET NOTES Banks appeared as a party in five of the 12 recorded transfers this period: Greenfield Savings Bank was the buyer at 529 South Mountain Rd and 590 South Mountain Rd; Greenfield Cooperative Bank was the buyer at 84 Captain Beers Plain Rd and the seller at 459 Millers Falls Rd and 21 Birnam Rd. The deed data does not indicate the reason for this pattern. Two transfers, at 363 South Mountain Rd and 217 Birnam Rd, were recorded for nominal consideration and are not counted as sales; the grantor and grantee names on both do not share a surname or indicate a trust, so no family or estate relationship can be confirmed from the records. No square-footage or property-type data was available in this dataset, so price-per-square-foot comparisons and single-family-versus-condominium breakdowns cannot 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.