Malden Median Hits $795,800 as Upper-End Sales Dominate Late-Spring Recordings
MALDEN -- A single-family sale at 112 Ashland St. topped Malden's late-spring deed recordings at $1.1 million, anchoring a 15-transaction period in which just over half of transfers carried disclosed prices. The median sale price among those eight disclosed transactions reached $795,800, reflecting a market weighted toward the upper-mid range.
MARKET OVERVIEW Fifteen deeds were recorded between May 28 and June 26, 2026, but only eight carried disclosed consideration amounts. Among those eight, sale prices ranged from $390,000 to $1.1 million, with a median of $795,800. The volume — 15 transactions across roughly four weeks — represents a moderately active period for a city of Malden's size, though the high share of undisclosed prices (seven of 15, or 47 percent) limits the completeness of price analysis. The seven transactions without disclosed prices include several apparent trust and intra-family transfers, which commonly record without consideration figures.
TOP SALES The month's highest sale was 112 Ashland St., which changed hands May 29 for $1.1 million. Denise N. Ray and Robert C. Ray were the sellers; Rene Michelet Pierre and Previlon Mercilia Pierre Rene were the buyers. Close behind, 24 Watts St. sold June 1 for $940,000, with Watts Street LLC as seller and Curtis Paige and Li Erwin as buyers. The third-highest transaction was 60 Kimball St., which sold June 1 for $920,000; Patrick and Bridget Mulholland sold the property to Bemnet Abebe Hailemariam and Fitsum Taye. Rounding out the top sales, 36 Edmund St. fetched $840,000 on May 29, with Alfredo M. and Fernanda M. Sousa selling to Stephen Richard Christian and Marcie Wiggins, and 177 Cherry St. sold June 1 for $751,600, with John and Regina Kaufman transferring to David Wolfson and Boeun Hwang.
NEIGHBORHOOD BREAKDOWN The dataset does not cluster strongly by neighborhood, but a price-tier breakdown reveals three groupings. The lone transaction above $1 million was 112 Ashland St. Three sales fell in the $840,000–$940,000 band — 24 Watts St., 60 Kimball St., and 36 Edmund St. — suggesting active demand at that level. Two sales fell below $600,000: 25 Leland St. at $578,500 and the lower end of the range, 793 Main St. Unit 8 at $390,000 and 1 Glenwood St. Unit 4 at $444,000, both of which were condo or unit transfers.
MARKET NOTES Of the eight disclosed-price transactions, at least two involved LLC or corporate entities on one side of the deal — Southpaw Investments LLC acquired 74 Highland Ave. (price not disclosed), Indo Renovation Inc. purchased 25 Leland St. for $578,500, and Victor Yan Group LLC acquired 793 Main St. Unit 8 for $390,000. That pattern suggests investor activity concentrated at the lower end of the price spectrum. The two lowest-priced disclosed sales — 793 Main St. Unit 8 at $390,000 and 1 Glenwood St. Unit 4 at $444,000 — were condominium or unit transfers, consistent with condos trading below the single-family price range. At least three of the seven undisclosed-price transfers show clear trust or intra-family characteristics: 24 Marvin St. (same individuals named as sellers and as trustees/buyers), 228 Hawthorne St. (Shirley Sweeney transferring to herself as trustee of Hawthorne Street Realty Trust), and 406 Ferry St. (Vien Woy to Vien Alex). The buyer and seller names on 141 Pierce St. Unit 26 are identical, indicating a likely technical re-recording rather than an arm's-length sale.