Melrose Median Home Sale Price Reaches $820,000 in September Deed Records

MELROSE -- Eighteen property transfers were recorded in Melrose between Sept. 4 and Oct. 3, with sale prices ranging from $376,000 to $1,550,000 and a median of $820,000 among the 10 transactions with a recorded price so far.

MARKET OVERVIEW

The South Middlesex Registry of Deeds recorded 18 Melrose property transfers in the period, 10 of which carry a sale price so far; the remaining eight are expected to show prices as registry data updates, typically within about a week of recording. Among the 10 priced sales, prices ranged from $376,000 to $1,550,000, with a median of $820,000. A count of 18 transfers in a four-week span reflects a moderate volume of recorded activity; the raw count alone does not indicate whether the period was active or quiet relative to other months, since comparative data was not provided.

TOP SALES

228 Upham St. sold for $1,550,000 on Sept. 11, the period's highest recorded sale. Sellers James A. Richter and Jennifer G. Richter sold to Jeremy Carter and Erica Maccini. 294 East Foster St. sold for $1,355,000 on Sept. 10; seller Michael A. Aveni sold to Margaret J. Butler and Joseph P. Butler. 105 Whitman Ave. sold for $1,250,000 on Sept. 10; seller Alyssa C. Pesce, trustee, sold to Lenny M. Caraballo and Jacqueline W. C. Caraballo, as trustees. A Melrose property, street address not specified in the deed data, sold for $1,122,000 on Sept. 16; seller Nunziatina T. Sargent sold to Qiu Zheng and Winnie Yao Zheng. 137 Green St., Unit 2, sold for $885,000 on Sept. 10; sellers Edward Shin and Annie L. Hsieh sold to Madeline Serrano.

NEIGHBORHOOD BREAKDOWN

Two sales on Glendale Avenue, at 26 and 93 Glendale Ave., both recorded Sept. 9, are transfers in which the grantor and grantee share a surname and neither has a recorded price yet. Beyond that overlap, the recorded sales do not cluster on any other single street. By price tier among the 10 priced sales: one sale, 534 Main St., Unit 11, at $376,000, fell under $500,000. Five sales fell between $500,000 and $1 million: 51 Melrose St., Unit 2D ($575,000); 90 Forest St. ($740,000); 16 Sycamore Rd. ($747,500); 59 Mystic Ave. ($755,000); and 137 Green St., Unit 2 ($885,000). Four sales topped $1 million: the Sargent-to-Zheng transfer ($1,122,000), 105 Whitman Ave. ($1,250,000), 294 East Foster St. ($1,355,000) and 228 Upham St. ($1,550,000).

MARKET NOTES

All eight transfers without a recorded price so far share a pattern: the grantor and grantee list the same surname, consistent with a transfer into or within a family trust or estate. Those eight properties are at 24 Orient Ave., 81 Oakland St., 24 School St., 29 Trenton St., 43 Batchelder St., 26 Glendale Ave., 93 Glendale Ave. and 44 Lynn Fells Pkwy. The 10 sales with a recorded price include at least three condominium units, at 51 Melrose St. (Unit 2D), 137 Green St. (Unit 2) and 534 Main St. (Unit 11), alongside single-family or other property types at the remaining addresses. Bedroom, bathroom and square-footage figures were not available in the deed records for this period.

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.