Most June Deeds Recorded in Oak Bluffs Show No Sale Price

OAK BLUFFS -- Six property transfers were recorded in Oak Bluffs between June 19 and July 18, but only one deed disclosed a sale price, limiting what can be said about the strength of the local market this period.

MARKET OVERVIEW Six sales were recorded during the period. Of those, only one — a condominium unit on Circuit Avenue — included a disclosed consideration amount, at $280,000. Because five of the six deeds did not list a sale price, a full price range and median cannot be calculated for the period as a whole; the only disclosed figure, $280,000, stands as both the low and high of the priced sales. The raw count of six recorded transfers is a modest volume for the period, though without pricing data for most transactions, it's not possible to characterize the broader market as active or quiet based on price alone.

TOP SALES 37 Circuit Ave, Unit 4 sold for $280,000 on June 25. Seller Joseph G. Sova and Victoria B. Sova transferred the unit to Cape Cod Five Cents Savings Bank. Records show the bank then conveyed the same unit to buyer Matthew John Bovenzi the same day; that second transaction's price was not disclosed.

17 Wilson Ave sold June 25, with the seller listed as Janet H. Wansack, trustee, and the Janet H. Wansack Revocable Trust. The buyer was Resolved LLC/Resolved MV. Price not disclosed.

16 Sumner Park Rd also sold June 25, with the same seller, Janet H. Wansack, trustee, and the Janet H. Wansack Revocable Trust. The buyer was Happiness MV LLC. Price not disclosed.

35 East Side Rd sold June 23. Sellers Andrea T. Langster and Taylor B. Langster transferred the property to the Three Sisters Realty Trust, with Andrea T. Langster as trustee. Price not disclosed.

9 Masonic Ave sold June 22. Seller Kelly J. Brilliant transferred the property to the KB Trust, with Kelly J. Brilliant as trustee. Price not disclosed.

NEIGHBORHOOD BREAKDOWN No street had more than one sale to a different, unrelated buyer, though two of the six transfers — 17 Wilson Ave and 16 Sumner Park Rd — trace to the same seller, the Janet H. Wansack Revocable Trust, both recorded June 25 to two different LLC buyers. By price tier: one sale is confirmed under $500,000 (the $280,000 Circuit Avenue condo unit); the price tier of the remaining five sales cannot be determined from available data.

MARKET NOTES Three of the six recorded transfers — 17 Wilson Ave, 35 East Side Rd and 9 Masonic Ave — involved a trust as buyer, seller, or both, with two of those (East Side Road and Masonic Avenue) appearing to keep the property within the same family through a newly formed trust. The Circuit Avenue condo unit also shows a same-day pass-through: the original owners sold to Cape Cod Five Cents Savings Bank, which recorded a sale to a new buyer that same day. Beds, baths and square footage are not available in deed records for any of the six sales. With five of six deeds omitting a sale price, this period's data offers limited basis for price-trend conclusions.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Jun 22 - Jun 28

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.