Two Newbury sales hit $1 million as month's priced deeds top out even

NEWBURY -- Newbury recorded 14 property deed transfers between July 24 and Aug. 22, according to Essex County (Southern District) Registry of Deeds records, with disclosed sale prices ranging from $580,000 to $1,000,000.

MARKET OVERVIEW The registry recorded 14 total property transfers during the four-week period. Of those, five deeds disclosed a sale price, ranging from $580,000 to $1,000,000, with a median of $700,000. The other nine transactions, nearly two-thirds of the total, did not include a recorded consideration amount, which is typical for transfers between family members or into trusts. With only five priced sales to work from, the raw count of 14 total transfers does not by itself indicate whether the period was active or quiet; a fuller read of market strength would require consistent pricing data across more transactions.

TOP SALES 96 Hanover St. sold for $1,000,000 on Aug. 18. John M. Grillo, trustee, was the seller; BVH Newbury Real Estate LLC was the buyer. 7 Exeter Way, Lot 13, sold for $1,000,000 on July 30. Danielle Bradshaw, trustee, sold to Michele L. Mercurio. 5 Kent Way sold for $700,000 on July 31. Ann F. Powell sold to Graham Velji. 93 Main St. sold for $603,000 on July 30. The sale came from the estate of Nina Marion Meader to buyer Liam R. Spillane. 11 Newbury Neck Rd. sold for $580,000 on July 24. The sale came from the estate of Timothy B. Fowler to buyer John A. Bradley.

NEIGHBORHOOD BREAKDOWN No two of the five disclosed sales occurred on the same street, so no single-street cluster emerged this period. By price tier, three of the five disclosed sales fell between $500,000 and $1,000,000: 11 Newbury Neck Rd. ($580,000), 93 Main St. ($603,000) and 5 Kent Way ($700,000). Two sales reached the $1,000,000 mark: 7 Exeter Way, Lot 13, and 96 Hanover St. The nine undisclosed-price transactions were spread across Cottage Road, 16th Street, Sunset Drive, Fordham Way, Lenway Road, Plum Island Boulevard, South Street, Old Rowley Road and one deed recorded under "See Record" rather than a street address.

MARKET NOTES Nine of the 14 recorded transfers, including deeds on Cottage Road, 16th Street, Sunset Drive, Lenway Road, Plum Island Boulevard, South Street and Old Rowley Road, involved a seller and buyer sharing the same or a similar surname, often paired with a trust or estate designation in the grantee's name. These read as within-family or trust transfers; the registry data does not indicate the reason behind them. Several addresses in the dataset, including 79 Cottage Rd., 37 16th St., 41 Sunset Dr., 39 Fordham Way and 7 Lenway Rd., carry lot or unit designations, suggesting those parcels are part of a subdivided or multi-unit development, though the deed data does not specify property type directly. Bed, bath and square-footage figures were not available in the deed records for any transaction 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.