Erving Median Hits $180,000 as Institutional Deals Shape Late Spring Market

ERVING -- Institutional buyers — including state agencies, cooperative banks, and a national bank — were parties to at least five of the 12 property transfers recorded in Erving between May 28 and June 26, 2026, a pattern that stands out in this month's deed data.

• MARKET OVERVIEW
• Twelve deeds were recorded during the period, but sale prices were disclosed in only six transactions, limiting the scope of market analysis. Among those six, prices ranged from $50,000 to $705,000, with a median sale price of $180,000. The raw volume of 12 transfers suggests a moderately active recording period for a small municipality, though the high proportion of non-arm's-length or institutionally involved transactions makes it difficult to draw conclusions about the open-market residential segment alone.
• TOP SALES
• The highest-priced transaction in the period was the $705,000 sale at 18 Pleasant St., recorded May 28; the seller was Millers Falls Realty LLC and no buyer name appears in the available deed data. A property at 21 East Main St. sold for $242,250 on June 24; sellers Ryan Anthony Bailey and Cheryl Bailey conveyed the property to the Massachusetts Housing Finance Agency. A residence at 23 Strachan St. sold for $210,000 on June 9, with sellers Charles B. Emerson and Edward J. Terault conveying to Greenfield Cooperative Bank. The $150,000 transfer at 14 North St. on June 12 also named Greenfield Cooperative Bank as buyer, with seller Beth F. Rivera. A parcel sold for $66,000 on June 26 with seller Anna Jarvis conveying to the Massachusetts Department of Conservation and Recreation; no street address was recorded for that transaction in the deed data.
• NEIGHBORHOOD BREAKDOWN
• North Street was the most active corridor in the dataset, with three recorded transfers: 14 North St. ($150,000), 12 North St. (price not disclosed), and 199 North St. (price not disclosed). River Road had two transfers: 3 River Rd. (price not disclosed) and 46 River Rd. ($50,000). East Prospect Street also saw two transfers: 10 East Prospect St. (price not disclosed) and 5 East Prospect St. (price not disclosed). Remaining transactions were distributed singly across West Main Street, East Main Street, Strachan Street, Pleasant Street, and one parcel with no street address on record.
• MARKET NOTES
• Several transactions in this period show hallmarks of lender or government involvement rather than standard open-market sales. Greenfield Cooperative Bank appears as buyer in two transactions (14 North St. and 23 Strachan St.), and TD Bank NA and KeyBank NA each appear as buyer in one transaction (5 East Prospect St. and 12 North St., respectively), which is consistent with foreclosure or deed-in-lieu activity, though deed records alone do not confirm the nature of these transfers. The Massachusetts Housing Finance Agency's acquisition of 21 East Main St. and the Massachusetts Department of Conservation and Recreation's acquisition of the unaddressed parcel from Anna Jarvis similarly reflect non-market transfer types. The $705,000 Pleasant Street sale is the clear outlier by price and is the only transaction in the period exceeding $250,000 among disclosed prices. The $50,000 sale at 46 River Rd. to an entity identified in deed records as "Redevelopment A" is the lowest disclosed price in the period.