Warwick Sale Prices Hold Near Midpoint as Most Figures Remain Pending

WARWICK -- Nine property transfers were recorded at the Franklin County Registry of Deeds for Warwick between Sept. 25 and Oct. 24, but sale prices were available for only two of them by the registry's most recent data pull, reflecting the typical lag before consideration amounts post.

MARKET OVERVIEW

The registry recorded nine transfers in Warwick during the period. Of those, two carried a recorded sale price, ranging from $235,000 to $500,001, with a midpoint of $367,500 between the two available figures. The remaining seven transfers show price not yet available, which typically means the amount has not yet posted to the registry rather than any withholding by the parties involved. With seven of nine prices still pending, the raw count of nine transfers does not, by itself, indicate whether the period was active or quiet; a fuller read of market conditions will require the outstanding prices to post.

TOP SALES

165 Hockanum Rd sold for $500,001 on Sept. 25. The sellers were Cole Oliver Matthews and Emily Kate Matthews; the buyers were listed as Better Mortgage Corp and Mortgage Electronic Registration Systems Inc. Bed, bath and square footage figures were not available in the deed record.

611 Orange Rd sold for $235,000 on Oct. 5. The sellers were Amanda B. Mankowsky and Michael J. Mankowsky; the buyer was Greenfield Cooperative Bank. Bed, bath and square footage figures were not available in the deed record.

The remaining seven transfers, at 595 Winchester Rd, 50 Orange Rd, 976 Orange Rd, an unspecified Warwick address tied to the Shepardson family, 206 Shepardson Rd, 6 Robbins Rd and 851 Wendell Rd, all show price not yet available.

NEIGHBORHOOD BREAKDOWN

Orange Road saw the most activity on a single street, with three transfers recorded: 50 Orange Rd (King to Clay), 976 Orange Rd (Maynard and Curtis as sellers) and 611 Orange Rd, the $235,000 sale to Greenfield Cooperative Bank. Shepardson Road and a related unaddressed Warwick parcel each involved sellers and buyers surnamed Shepardson, suggesting transfers within the same family, though the deed data does not indicate the reason. The remaining transfers, at Winchester Road, Robbins Road, Wendell Road and Hockanum Road, were single transactions on their respective streets. By price tier, the two disclosed sales fall into the under-$500,000 tier ($235,000) and right at the $500,000 mark ($500,001); the seven undisclosed-price transfers cannot yet be sorted into tiers.

MARKET NOTES

Four of the nine recorded transfers list a bank or mortgage entity as buyer or seller: Wells Fargo Bank NA as a seller at 6 Robbins Rd; Federal National Mortgage Association and Rocket Mortgage LLC as sellers at 851 Wendell Rd; Greenfield Cooperative Bank as buyer at 611 Orange Rd; and Better Mortgage Corp and Mortgage Electronic Registration Systems Inc. as buyers at 165 Hockanum Rd. That pattern, appearing in roughly four of nine transfers, points to a notable share of bank-involved transactions this period, though the deed data does not specify whether these were foreclosures, refinances or other transfers. Separately, three of the nine transfers, at 595 Winchester Rd, an unaddressed Warwick parcel and 206 Shepardson Rd, involve sellers and buyers sharing the same surname (Leblanc or Shepardson), consistent with transfers within the same family. No bed, bath or square footage data was available for any of the nine transfers, so no price-per-square-foot comparisons could 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.