Natick June Median Hits $1.22M as Upper-End Sales Drive Month's Activity
NATICK -- A Bennett Street property led Natick's June sales period with a $2,148,000 transaction, anchoring a month in which 12 of 17 recorded deed transfers carried disclosed prices and the median sale price among those reached $1,222,500.
- MARKET OVERVIEW
- Seventeen deeds were recorded in Natick between June 6 and July 5, with 12 transactions carrying disclosed sale prices. Those 12 sales ranged from $279,000 to $2,148,000, producing a median of $1,222,500. Five transfers carried no disclosed consideration, a typical share for deed data that includes family trust and estate conveyances. Seventeen transactions in roughly a month represents a moderately active recording period for a single municipality.
- TOP SALES
- 7 Bennett St. led all transactions at $2,148,000, recorded June 8, with Bennett Street LLC as seller and Leilani Marshall and Wade H. Nielsen as buyers. 12 Indian Rock Rd. followed at $1,705,000, recorded June 15; the sellers were Margot Singer and Michael Singer, acting as trustees, and the buyer was Indian Rock Road LLC. 278 N. Main St. changed hands for $1,600,000 on June 9, with North Main Street Realty Trust, through trustee Michael G. Mabardy, selling to Alex and Denae Keyer. 17 Grove St. sold for $1,425,000 on June 10; Amy and Thomas Joyce sold to George E. and Anna MacDougall. Rounding out the top five, both units at 83 Kendall Ln. sold for $1,225,000 apiece on June 12, with Arthur Fine Homes LLC as seller for each.
- NEIGHBORHOOD BREAKDOWN
- Kendall Lane stands out as the only street with multiple disclosed-price sales: Units 1 and 2 at No. 83 each sold for $1,225,000 on the same date, suggesting a newly built or converted two-unit development sold simultaneously. Three sales — 7 Bennett St., 278 N. Main St., and 17 Grove St. — fell in the $1.4 million-to-$2.15 million tier. Three sales — 71 Bacon St. at $1,220,000, 12 Indian Rock Rd. at $1,705,000, and 0 Michael Ter. at $1,065,000 — clustered in the $1 million-to-$1.75 million range. The two lowest disclosed prices, $279,000 at 7 Village Hill Ln. Unit 2 and $300,000 at an address recorded without a street number, along with $420,000 at 6 Post Oak Ln. Unit 9, represent the sub-$500,000 tier and appear to be condominium or smaller-unit transfers. 91 Speen St. at $695,000 was the sole mid-range sale with a disclosed price.
- MARKET NOTES
- Of the 12 disclosed-price transactions, at least three — 7 Village Hill Ln. Unit 2, 6 Post Oak Ln. Unit 9, and the two Kendall Lane units — appear to be condominium or attached-unit transfers based on the "unit" designations in their addresses. The remaining disclosed-price sales appear to be single-family or land transactions. Five transfers showed patterns consistent with estate or trust restructuring within the same family: 162 E. Central St. and 298 Eliot St. (both involving the Franciose/Francoise family name across multiple conveyances recorded the same day), 75 Summer St. (McKenna to McKenna trustees), and 13 Curve St. (Sheidley to Sheidley trustees); these transfers carried no disclosed consideration. 5 Upland Rd., sold by Nardone Corp. to Lincoln LLC with no disclosed price, and the undressed $300,000 parcel sold by Natick Village Investment LP, suggest additional commercial or investment activity in the dataset. The entry at $300,000 with no street address could not be verified to a specific property location and is included in price calculations based on the data as provided.