Belmont Home Prices Hold Well Above $1M as May–June Median Reaches $1.3M

BELMONT -- A 98 Farnham St. property led all transactions in the late May through late June recording period, changing hands at $1,960,600 as Belmont's residential market posted 14 sales with a median price of $1,304,000 among the 12 transactions with disclosed prices.

• MARKET OVERVIEW
• Fourteen deeds were recorded between May 28 and June 26, 2026, with 12 of those carrying disclosed sale prices. Prices ranged from $409,000 to $1,960,600, and the median sale price among disclosed transactions was $1,304,000. The volume represents a moderately active stretch for a single month, with sales concentrated heavily in the seven-figure tier — 11 of 12 disclosed transactions closed at or above $1.2 million.
• TOP SALES
• The period's highest transaction was 98 Farnham St., which sold for $1,960,600 on May 29; John H. and Tamara E. Kefeyan were the sellers, and Matthew S. Howard and Danielle Kimball were the buyers. The second-highest sale was 99 Beech St. at $1,875,000, recorded June 1; Gevorg Grigoryan sold the property to Mark Pinkham and Peter Catanese II, both listed as trustees. Third was 35 Falmouth St., which closed at $1,665,000 on May 28, with Payson and Bliss I. Rand selling to Jenny J. Sun and Brennan W. Guldner. Rounding out the top five: 112 Cross St. sold for $1,452,000 on June 2, with Nhat and Amy Nguyen selling to Molly Maclin Herron and Pascal Martin LeBoeuf; and 27 Little Pond Rd. sold for $1,450,000 on May 29, with Jonathan and Erin Stefely selling to Catherine Jin Tang and Michael Joseph Hornfeck.
• NEIGHBORHOOD BREAKDOWN
• No two sales shared the same street name in this period, so a price-tier breakdown best captures the distribution. Ten of the 12 disclosed sales fell between $1,200,000 and $1,960,600, anchoring the period firmly in the upper tier. One sale — 290 Orchard St. at $1,348,000 — fell in the $1.3 million range that also defines the median. A single outlier sat well below the rest: 19 Thayer Rd. Unit 19 sold for $409,000, the only transaction under $500,000 and the only unit-designated address in the dataset, suggesting a condominium or attached-unit property. Two sales, at 220 Lexington St. and 4 Van Ness Rd., carried no disclosed price.
• MARKET NOTES
• The concentration of sales at or above $1.2 million is the most prominent pattern in this dataset. Of 12 disclosed transactions, 11 cleared seven figures and 10 came in at $1.2 million or higher, leaving the $409,000 Thayer Road unit as a statistical outlier likely reflecting a different property type. The transfer at 4 Van Ness Rd. — in which Vasiliki Geskos conveyed the property to herself as trustee alongside a co-trustee — follows a pattern consistent with a trust formation or estate-planning transfer; price was not disclosed. Similarly, the transfer at 220 Lexington St. between Belmont Wild Acre LLC and Wild Acre Holdings LLC carried no disclosed consideration and may reflect a corporate or entity restructuring. Sale No. 1 in the dataset lists no street address beyond the town name; the $1,250,000 price is included in calculations but the property location could not be confirmed from available deed data.