Malden sale prices hold near $788,000 median amid steady October filings

MALDEN -- Fifteen property transfers were recorded in Malden between Sept. 25 and Oct. 24, with sale prices posted so far on seven of them, ranging from $601,118 to $1,105,000. More than half the period's recorded deeds involved family trusts rather than open-market sales.

MARKET OVERVIEW The registry recorded 15 total transfers for the period. Of the seven with a posted sale price, prices ranged from $601,118 to $1,105,000, with a median of $788,000. The remaining eight transfers show "price not yet available," which is typical when a deed has recorded but the consideration amount has not yet reached the registry's public data, usually within about a week. At 15 recorded deeds, activity looks moderate for the roughly four-week window, though the high share of trust and family transfers means fewer of these represent conventional buyer-seller sales.

TOP SALES A Malden property sold for $1,105,000 on Oct. 2, the period's highest recorded price; the street address was not specified in the deed data. Seller was Wu Wen Hui and Li Miao Li; buyer was Zheng Yao. At 235 Clifton St., the home sold for $1,050,000 on Oct. 1; sellers Ray Chen and Xiuping He sold to buyers Briana M. Howard and Max Kowal. At 354 Lynn St., the property sold for $950,000 on Sept. 29; the seller was Lynn Street Realty Trust, with Kathleen M. Welch as trustee, and the buyer was Jean Raynaud Sael. At 22 Stearns St., the home sold for $788,000 on Sept. 30; sellers Eric Shou and Elizabeth Lee sold to buyer Tyler Troped. At 28 Preston St., the property sold for $660,000 on Sept. 25; sellers Demetri Asiatidis and Vanessa Asiatidis sold to buyers Jared Hettrick and Christos Miliotis.

NEIGHBORHOOD BREAKDOWN No single street recorded more than one sale with a posted price, though two trust transfers for the same seller, Ronald Minervini, appeared on separate streets: 59 Wentworth St. and 2 Centennial Cir., both dated Sept. 29, with no price available for either. By price tier among the seven sales with recorded figures: two sold above $1 million (the unspecified Malden address at $1,105,000 and 235 Clifton St. at $1,050,000); five sold between $500,000 and $1 million, including 354 Lynn St. ($950,000), 22 Stearns St. ($788,000), 9 Dell St. ($645,000), 28 Preston St. ($660,000) and 132 West St. ($601,118). No sales with a recorded price fell below $500,000.

MARKET NOTES Eight of the 15 recorded transfers, 67 CRESCENT AVE, 1 BENNER AVE, 33 LODGEN CT, 18 BARKER RD, 59 WENTWORTH ST, 2 CENTENNIAL CIR, 61 BOYLSTON ST and 176 BAINBRIDGE ST, list no sale price. Several of these, including 67 Crescent Ave., 33 Lodgen Ct., 18 Barker Rd., 59 Wentworth St., 2 Centennial Cir. and 176 Bainbridge St., show the same individual or family name as both grantor and grantee, typically reflecting a transfer into a trust rather than a sale to a new owner. The 132 West St. transfer involved an estate as seller. Beds, baths and square footage are not available in deed records for any property in this period, so no price-per-square-foot comparisons can be made.

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.