Georgetown Home Sales Top Out at $1.37 Million as Trust Transfers Fill Half the Deed Book
Georgetown recorded 15 property transfers between July 3 and Aug. 1, seven with recorded sale prices ranging from $750,000 to $1,373,900 and a median of $949,500. The month's top sale was a $1,373,900 condominium unit at 206 W Main St., sold by Rock Pond Development LLC to Andrew G. Smith. Eight
Georgetown recorded 15 property transfers between July 3 and Aug. 1, seven with recorded sale prices ranging from $750,000 to $1,373,900 and a median of $949,500. The month's top sale was a $1,373,900 condominium unit at 206 W Main St., sold by Rock Pond Development LLC to Andrew G. Smith. Eight of the 15 transfers -- more than half -- involved a grantor and grantee sharing the same surname or family trust, and none of those had a price recorded. With recorded-price sales representing a minority of total recorded activity, the data alone does not indicate whether conditions favored buyers or sellers this period.
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