Recent property sales across Franklin County show a wide range of market activity, with transactions spanning from high-value residential homes to significant land parcels for development. Sales in towns like Montague, Deerfield, and Charlemont highlight a dynamic market, with prices reflecting diverse property types and locations.
A home on Montague Street in Montague changed hands for $415,000, marking one of the highest-value residential sales in the recent period. Meanwhile, commercial and land development interests were also prominent, with multiple lots sold to building companies, signaling potential new construction in the area.
Key Takeaways
- Residential sales show a wide price spectrum, from over $400,000 in Montague to more modest sales under $150,000 in Orange and Greenfield.
- Significant land transactions occurred, including builder-to-builder sales in Montague and a residential lot in Deerfield, indicating ongoing development interest.
- Commercial property activity was noted in Charlemont with a sale on Main Street for $330,000.
- Sales prices varied significantly by town, reflecting the diverse local markets within Franklin County.
A Look at Residential Sales Across the County
The residential real estate market in Franklin County has been active, with sales recorded in multiple towns. The highest price point among recent transactions was seen in Montague, where a property at 26 Montague St. was sold for $415,000. The buyers were Jared Vielmetti-Perusse and Marisa A. Sullivan.
In Deerfield, a home located at 4 Captain Lathrop Drive was acquired by Ashley R. Drake and Christopher S. Colby for $375,000. Another notable sale in Deerfield was at 54 Graves St., which sold for $325,000 to Richard F. Thayer.
Other significant residential transactions included a home in Conway at 14 River St., which sold for $305,000, and a property in Charlemont at 2167 Route 2 for $275,000. These sales demonstrate a healthy market for single-family homes in the region.
Franklin County Price Snapshot
Recent home sales show a broad range of values across the county:
- Montague: $415,000
- Deerfield: $375,000
- Conway: $305,000
- Greenfield: $194,000
- Orange: $131,500
Land and Development Deals Signal Future Growth
Beyond established homes, several transactions involving land parcels point to continued interest in development across Franklin County. Developers are actively acquiring lots, suggesting that new construction projects may be on the horizon.
Montague Sees Builder-to-Builder Transaction
In Montague, a significant land deal involved two development companies. Parody Builders LLC sold two lots on Gunn Road, designated as Lot 7A and 8A, to Dry Hill Builders LLC. The total sale price for the parcels was $180,000.
This type of transaction often precedes the construction of new homes, indicating confidence in the local housing market from professional builders.
Deerfield also saw a key land sale. Grandview Estates LLC sold Lot 5 on Grand View Drive to Joseph P. Oconnor for $125,000. This sale is likely for the construction of a new single-family residence in an established development.
The Importance of Land Sales
Land sales are a key indicator of future economic and residential activity. When developers purchase lots, it often signals an upcoming phase of construction, which can lead to an increase in housing inventory, create local construction jobs, and stimulate the local economy.
Smaller land parcels also changed hands. In Whately, Sanderson Brothers Realty LLC sold a property on North Street to Thomas D. Sadoski for $18,000. A transaction in Heath saw a property at 32 Navaho Lane sold for $59,000, which could represent a small lot or a rustic camp.
Commercial and Investment Properties Active
The recent sales data also reveals activity in the commercial and investment sectors. In Charlemont, a property at 72 Main St. was sold to Berkshire Equity LLC for $330,000. Properties on main streets in town centers often have commercial or mixed-use potential, representing a significant business investment in the community.
In Greenfield, a property at 77 Summer St. was sold to Amenadiel Realty Trust for $194,000. The involvement of a realty trust often suggests the property was acquired for investment or rental purposes.
Another investment-oriented purchase occurred in Orange, where Homrest Property Solutions Inc. bought a home at 50 W Myrtle St. for $131,500. Corporate buyers like this often renovate properties for resale or add them to a rental portfolio.
Market Activity in Gill, Greenfield, and Orange
Several other towns across the county recorded property sales, showcasing a market with varied price points catering to different buyers.
Transactions by Town
- Gill: A property at 2 Pisgah Mountain Road was sold for $100,000 to Christopher Miller.
- Greenfield: In addition to the Summer Street sale, a home at 360 Davis St. was sold to Wenzhen Lin for $139,900.
- Orange: The town saw some of the most affordable transactions. A property at 457 E River St. sold for $112,500, and another at 120 Horton Road sold for $107,000.
- Montague: A more modestly priced home at 5 Millers Falls Road sold for $150,000.
These sales highlight the diverse economic landscape of Franklin County. While some towns attract higher-end residential buyers and developers, others provide more affordable housing options, making the region accessible to a wide range of income levels. The mix of residential, land, and commercial sales paints a picture of a stable and multifaceted real estate market.
