Rowley Home Prices Hold Near $755,000 Midpoint Across 13 August Sales

ROWLEY -- Thirteen property transfers were recorded in Rowley between July 31 and Aug. 29, with disclosed prices ranging from $257,000 to $1,225,000 and a median of $754,950 among the eight sales that listed a sale price.

MARKET OVERVIEW Thirteen properties changed hands in Rowley during the four-week period, eight of them with a disclosed sale price ranging from $257,000 to $1,225,000. The median price among the disclosed sales was $754,950. Five of the 13 recorded transfers listed no consideration amount, which is common in deed data for transfers among family members or into trusts. Judged by raw count alone, 13 recorded transfers in a town the size of Rowley represents a steady pace of activity; the dataset does not include prior-month figures, so no direct comparison can be made.

TOP SALES The highest-priced transaction was 23 Oak Ledge Circle Lot 22, which sold for $1,225,000 on Aug. 3; Eric J. Hanscom sold to Ishtvan McGee. 55 Wilson Pond Lane sold for $970,000 on Aug. 17, with William J. Lougee selling to John J. Brewer. 399 Wethersfield Street Lot 4 sold for $879,000 on Aug. 13; Clifford M. Pierce sold to Brian John Revere. 5 Heritage Way Unit 3, Building 2, sold for $755,000 on July 31, with Mark A. Newhall, trustee, selling to Tanya Servizio. 231 Haverhill Street sold for $754,900 on Aug. 18; Andrew Shaw sold to Anthony Joseph Dragonetti.

NEIGHBORHOOD BREAKDOWN Three streets recorded two sales apiece during the period. Farnham Road saw transfers at 20 Farnham Road (price not disclosed) and 33 Farnham Road Lot 50 ($715,000). Heritage Way had two condominium unit sales: 8 Heritage Way Unit 22, Building 9 (price not disclosed) and 5 Heritage Way Unit 3, Building 2 ($755,000). Haverhill Street logged sales at 231 Haverhill Street ($754,900) and 870 Haverhill Street Unit 28 ($257,000). By price tier among disclosed sales, one fell under $500,000, six fell between $500,000 and $1 million, and one exceeded $1 million.

MARKET NOTES Four of the five transfers without a disclosed price, at 5 Burke Ave Lot B, 125 Weldon Farm Road Lot 31, 8 Heritage Way Unit 22 Building 9, and 68 Ellsworth Road Lot 3, list the same individual as both grantor and grantee, with the buyer identified as a trustee. Those seller-to-trustee transfers account for most of the period's non-disclosed prices; deed records do not indicate why the transfers were made. Several addresses carry "Lot" designations, including 23 Oak Ledge Circle, 33 Farnham Road, 399 Wethersfield Street, 125 Weldon Farm Road, and 68 Ellsworth Road, indicating subdivision development activity. The period also included condominium unit transfers at Heritage Way and Haverhill Street alongside single-address transfers, reflecting a mix of property types in the recorded deeds.

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.