Woburn sales led by $12.3 million deal as trust transfers dominate October activity
Woburn recorded 17 property transfers in October, but only seven carried a market sale price, ranging from $212,000 to $12,300,000 with a median of $650,000. The month's standout transaction was a $12,300,000 sale at 28 Torrice Dr between two LLCs.
Woburn recorded 17 property transfers in October, but only seven carried a market sale price, ranging from $212,000 to $12,300,000 with a median of $650,000. The month's standout transaction was a $12,300,000 sale at 28 Torrice Dr between two LLCs. Ten of the 17 transfers, including several moving property into trusts, were recorded for nominal consideration rather than a market price. Fairway Drive saw two separate sales. With more than half of October's recorded activity made up of nominal-consideration transfers, the data suggests fewer conventional sales took place than the overall deed count indicates.
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