Lexington August Home Sales Span $895,000 To $2.8 Million Median

LEXINGTON -- Seventeen properties changed hands in Lexington between July 31 and Aug. 29, according to deeds recorded at the South Middlesex Registry of Deeds, with disclosed sale prices ranging from $895,000 to $2.8 million.

MARKET OVERVIEW

Of the 17 recorded transactions, 15 included a disclosed consideration amount; two were transfers into family trusts with no sale price listed. Among the 15 disclosed sales, prices ranged from $895,000 to $2.8 million, with a median sale price of $1,289,900. This report does not have prior-month sales figures for Lexington, so it does not characterize the period's volume as active or quiet relative to historical norms; the count of 17 recorded deeds is presented here as the base figure for the period.

TOP SALES

The highest-priced sale was 7 Burnham Rd, which sold for $2.8 million. Kevin P. Ray and Diana M. Arena sold the property to Yizhong Yin.

72 Meriam St sold for $2,720,000. Lawrence A. Weiss and Marilyn L. Ryngiewicz sold the property to Jiayuan Luo and Zheng Zhang.

17 Hamilton Rd sold for $2.4 million. Seaver Properties LLC sold the property to Meilin Zhang and Chengyuan Sun.

9 Pearl St sold for $2.2 million. The sale was recorded from Rose L. Wang, trustee of the Rose Wang Realty Trust, to Heather Leung and Dean Qiu.

6 Angier Rd sold for $1.54 million. Manlio A. Loconte and Robert D. Costello, as trustees, sold the property to Tommy Tan.

NEIGHBORHOOD BREAKDOWN

Bedford Street recorded two sales during the period: a unit at 93 Bedford St (Unit 106) sold for $1,289,900, and 476 Bedford St sold for $1,475,000. Both the 93 Bedford St unit and a second Lexington property that sold for $1,399,900 were sold by the same seller, FK Partners Lexington LLC. No other street had more than one recorded sale in this data set.

By price tier: three of the 15 disclosed sales were under $1 million (147 East St Unit 147A at $895,000, 12 Fern St at $896,940, and 282 Marrett Rd at $988,000). Eight sales fell between $1 million and $2 million, the largest tier, including 9 Hillside Ter, 52 Turning Point Rd, 21 Bartlett Ave, 155 Reed St, 93 Bedford St Unit 106, the undisclosed-address Lexington sale at $1,399,900, 476 Bedford St and 6 Angier Rd. Four sales exceeded $2 million: 9 Pearl St, 17 Hamilton Rd, 72 Meriam St and 7 Burnham Rd.

MARKET NOTES

At least two properties in this data set are identified by unit number, 93 Bedford St Unit 106 and 147 East St Unit 147A, indicating condominium sales; the remaining addresses do not specify property type in the deed data provided.

Two of the two undisclosed-price transactions, at 15 Scott Rd and 42 Clarke St, were transfers in which the same individuals appear as both grantor and grantee, moving ownership into a trust: Paul Blundell and Soha Hassoun transferred 15 Scott Rd to themselves as trustees, and Charles Fracchia and Heather Hall transferred 42 Clarke St to themselves as trustees. Neither deed listed a sale price, consistent with the pattern for intra-family or trust transfers noted in this data set.

Several other sales involved a trust as seller to an unrelated buyer, including 6 Angier Rd, 9 Pearl St, 52 Turning Point Rd and 147 East St Unit 147A; each of those carried a disclosed sale price. FK Partners Lexington LLC appears as the seller in two of the period's transactions, at 93 Bedford St Unit 106 and a second Lexington address, suggesting sales tied to a single development or holding entity.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.