Sterling Records Dozen Deeds in Late Summer, but Sale Prices Mostly Pending
Sterling recorded 12 property deed transfers between Aug. 21 and Sept. 19, but only two carried a sale price so far: $75,000 for 243 Redemption Rock Trail and $75,012 for 337 Redemption Rock Trail, for a median of $75,006. Both priced deeds name mortgage companies, including Rocket Mortgage LLC and Mortgage Electronic Registration Systems Inc., as buyers. Redemption Rock Trail accounted for three of the period's 12 deeds, the most of any street. Seven of the 12 deeds list a bank, credit union or mortgage company among the parties, a pattern often tied to mortgage filings rather than traditional resales. Price data for the other 10 sales has not yet appeared in registry records.
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