Framingham Median Hits $610,000 as Early June Sales Span Wide Price Range
FRAMINGHAM -- A condominium sale on Country Farm Road topped $1.7 million in early June, anchoring a 19-transaction period that saw disclosed prices range from $84,000 to nearly $1.75 million. Eight of the 19 recorded transfers carried no disclosed consideration, a pattern consistent with trust and estate-related conveyances.
- MARKET OVERVIEW
- Nineteen deeds were recorded between June 6 and July 5, though only 11 of those transactions included a disclosed sale price. Among the 11 priced sales, the median came in at $610,000 and the full range ran from $84,000 at the low end to $1,749,600 at the top. The raw volume of 19 recorded deeds reflects a moderately active recording window for the period, though the high share of undisclosed prices limits a full read of market conditions.
- TOP SALES
- The month's highest transaction was 45 Country Farm Road, Unit 45, which sold for $1,749,600 on June 10. Grove Street LLC conveyed the property to Carl Christopher Beck and Melissa Beck. A Potter Road property at 472 Potter RD came in second at $910,000, sold June 9 by Gary Jay Litman and Geraldine A. Litman to Anthony Mantia and Elizabeth Cornwall. Third was 27 Janebar Circle at $849,900, sold June 10 by True Legacy Homes LLC to Sydney Kinder. Rounding out the top transactions, 472 Potter Road's neighbor in price was 14 Myrna Road, which fetched $655,000 on June 10 when Simone M. DeSouza sold to Amanda Tan and Tanya Smith; and 18 Royce Road sold for $610,000 on June 8, conveyed by Jeanne M. and Brian P. Engel to Joshua Barrett.
- NEIGHBORHOOD BREAKDOWN
- Two sales were recorded on Weld Street: Unit 29 at 7 Weld St. sold for $260,000 and Unit 33 at 11 Weld St. sold for $206,000, both on June 9, suggesting continued activity in that condominium complex. The top price tier — sales at or above $600,000 — accounted for five of the 11 disclosed transactions, including the Country Farm Road, Potter Road, Janebar Circle, Myrna Road, and Royce Road sales. A mid-range cluster between $200,000 and $500,000 comprised four sales: 729 Concord St. ($615,000 falls just above this band), with the Weld Street units, a $400,000 sale with no street address recorded, and 1321 Worcester Road Unit 201 at $255,000 filling that tier. The lone outlier at the low end was 475 Franklin St. Unit 202, which transferred for $84,000 from Pat Chira to GBG Realty LLC, a notably low figure for the area.
- MARKET NOTES
- Eight of the 19 recorded transfers appear to be trust or estate conveyances — transactions in which the same individual names appear on both the grantor and grantee lines, with the buyer side reflecting a trust designation. These include transfers at 2 Scott Dr., 4 Blackberry Ln., 157 Water St., 568 Union Ave., 11 Antrim Rd., 7 Childs Cir., 18 Anderson Rd., and 150 Oxbow Rd. None of those carried a disclosed price, which is consistent with intra-family or estate planning transfers rather than arm's-length sales. One sale — entry No. 10 — had no street address recorded in the deed data; the $400,000 consideration is included in aggregate calculations but cannot be mapped to a location. The mix of property types visible in the data includes single-family homes and condominiums; no multi-family transactions were identifiable from the deed records alone.