Recorded Prices in Granby Deed Filings Reflect Mortgages, Not Sales
Sixteen deeds were recorded in Granby from July 3 to Aug. 1, but only five recorded dollar amounts, ranging from $25,000 to $150,000 (median $140,000) — and all five list a bank or credit union as grantee, meaning they reflect mortgages, not sale prices. The highest-value filing, $150,000, was a
Sixteen deeds were recorded in Granby from July 3 to Aug. 1, but only five recorded dollar amounts, ranging from $25,000 to $150,000 (median $140,000), and all five list a bank or credit union as grantee, meaning they reflect mortgages, not sale prices. The highest-value filing, $150,000, was a mortgage on 10 Cedar Dr. recorded by PeoplesBank. Three filings recorded actual property transfers to new individual owners (from a bank, credit union or loan servicer), but none had a price recorded. With ownership-transfer prices largely not yet recorded, the data does not support a read on market pace this period.
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