Pembroke home sales thin in August as trust transfers dominate deed activity
Pembroke recorded eight deed transfers between July 31 and August 29, but only two carried an actual sale price: $750,000 for 133 Mountain Ave. and $528,000 for 63 Pine Tree Ln. The remaining six were nominal-consideration transfers, most showing matching names or trust designations between…
Pembroke recorded eight deed transfers between July 31 and August 29, but only two carried an actual sale price: $750,000 for 133 Mountain Ave. and $528,000 for 63 Pine Tree Ln. The remaining six were nominal-consideration transfers, most showing matching names or trust designations between grantor and grantee, and are not counted as sales. With just two priced transactions, there isn't enough data to calculate a meaningful median or draw broad conclusions about market direction; the period's deed activity was shaped more by trust-related transfers than by conventional home sales.
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