Pelham Deed Data Shows Wide Price Spread but Only Three Disclosed Sales
PELHAM -- Ten deeds recorded in Pelham between mid-June and mid-July 2026 showed widespread involvement by banks and credit unions, with only three of the transactions carrying disclosed sale prices — a pattern that limits what the data reveals about current residential values in the town.
MARKET OVERVIEW A total of 10 deeds were logged at the Hampshire County Registry of Deeds between June 12 and July 11, 2026, covering roughly five weeks of recording activity. Among those 10 filings, only three listed consideration amounts. Those prices ranged from $25,000 to $590,000, with a median of $240,000 across the three disclosed transactions. The remaining seven deeds were recorded without disclosed prices — a 70 percent nondisclosure rate that, combined with several filings that appear to be legal instrument recordings rather than conventional property transfers, makes it difficult to assess market conditions from this dataset alone. Massachusetts does not require sellers to disclose sale prices, and lender-related transactions frequently omit consideration.
TOP SALES The highest disclosed consideration in the period was $590,000, recorded June 16 at 77 Arnold Road, with sellers Isaiah Weiss and Lilia Teal conveying the property to Greenfield Cooperative Bank. At the mid-range, 17 Buffam Road sold for $240,000 on July 7; Timothy Pachirat and Samantha Pachirat were the sellers, with UMassFive College Federal Credit Union listed as buyer. At the low end of disclosed prices, 7 Pine Tree Circle recorded a $25,000 consideration on July 2, with James E. McGinniss and Deirdre McGinniss as sellers and Citizens Bank NA as buyer. In all three disclosed transactions, a financial institution appears as either buyer or seller, which may reflect financing-related deed activity rather than standard arm's-length sales.
NEIGHBORHOOD BREAKDOWN Arnold Road was the only street to appear more than once in the filing period, with recorded deeds at both 77 Arnold Road ($590,000 disclosed, June 16) and 20 Arnold Road (price not disclosed, June 29). At 20 Arnold Road, trustees William E. Pula and Carolyn D. Merriam were listed as sellers, with a Declaration of Homestead named as grantee — an indication that entry reflects a legal filing rather than a conventional property transfer. The other six addressed filings were distributed across Harkness Road, Pine Tree Circle, Gulf Road, Amherst Road, Bray Court, and South Valley Road, one each. One deed in the dataset listed no street address.
MARKET NOTES Financial institutions — including two credit unions, two commercial banks, and Mortgage Electronic Registration Systems (MERS) — appeared as buyer or seller in eight of the 10 recorded deeds. Three filings named non-purchasing entities as grantee: a Declaration of Homestead (20 Arnold Road), a Certificate of Trust (9 South Valley Road), and a Project Agreement (the entry carrying no street address), all of which represent legal instrument recordings rather than ownership transfers. The Project Agreement filing listed Amherst Town and the Office of Environmental Affairs as seller, suggesting a conservation or land-protection transaction. The high concentration of lender activity — with sellers including Florence Bank, Navy Federal Credit Union, and UMassFive College Federal Credit Union, and a buyer such as Greenfield Cooperative Bank — is consistent with foreclosure proceedings, REO dispositions, or post-foreclosure conveyances, though deed records alone do not confirm the underlying circumstances of each transaction.