Colrain Deeds Show Wide Price Gap and Heavy Bank, Government Involvement in August
Colrain recorded 12 property transfers between July 31 and Aug. 25, but only four disclosed a sale price, ranging from $57,294 to $365,000 with a median of $140,000. The month's top transaction was 66 Reils Road, which sold for $365,000 on Aug. 11 from a trustee of the Sullivan Investment Trust to John Madocks. Eight of the 12 transfers involved a bank, credit union, mortgage company or government agency as buyer or seller, including foreclosure-adjacent sales at 360 Wilson Hill Road and 17 Coombs Hill Road. With most prices undisclosed, the available data offers a limited read on overall market direction this period.
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