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Bank Buyers Take All Four Priced Pittsfield Sales in Late July

Pittsfield recorded 11 property deed transfers between July 10 and Aug. 8, but only four listed a sale price. Disclosed prices ranged from $23,000 to $480,000, with a median of $97,500. The period's top transaction was 161 Leona Drive at $480,000, sold by Michael J. Williams to Adams Community Bank. Notably, all four priced sales named a bank or credit union as buyer, including two purchases each by Adams Community Bank and Greylock Federal Credit Union. Cleveland Street saw two separate deed filings at the same address on the same day. With prices disclosed for barely a third of transfers, the data offers a limited read on overall market conditions this period.

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