Reading Median Home Price Reaches $812,000 as June Sales Cluster in Upper Tier

READING -- A Lindsay Lane property that sold for $1,525,000 stood as the period's highest-priced recorded deed, anchoring a month in which 10 of 19 Reading transfers carried disclosed sale prices and nine others reflected trust formations or intra-family reorganizations rather than apparent arm's-length transactions.

MARKET OVERVIEW

The South Middlesex Registry of Deeds recorded 19 property transfers in Reading between June 12 and July 11, 2026. Of those, 10 included disclosed sale prices ranging from $425,000 to $1,525,000, producing a median of $812,000. The remaining nine transfers carried no disclosed consideration; based on grantor-grantee relationships visible in the deed records, they appear to reflect intra-family trust formations, revocable living trust transfers, or similar estate-planning moves. The resulting pool of 10 apparent market transactions represents a moderate count for a month-long period.

TOP SALES

The period's highest-priced transaction was 36 Lindsay Lane, recorded June 18 at $1,525,000. Steven P. and Renee E. Margossian conveyed the property to Joseph and Megan LaMarca.

The same recording date produced the period's second-highest sale. At 21 Buckingham Drive, Stephen and Michelle Pavao sold to Mark and Alicia Cerretani for $1,471,000, also on June 18.

At 198 Ash Street, a deed recorded June 16 shows a $925,000 transfer from Ash Street Realty Trust — with Fred J. Ravens III identified as trustee — to Ravens Realty LLC. The grantor and grantee share the Ravens name, a relationship reflected in the deed record but not explained by it.

The Kathleen M. Crowley Grantor Trust conveyed 10 Brentwood Drive on June 23 for $830,000 to Sheri Souther and Massimo Paola. That same day, 22 Irving Street sold for $825,000, with Nicholas Allevato and Lynn Quagliato selling to Benjamin Winslow and Rachel Douglas.

NEIGHBORHOOD BREAKDOWN

Lindsay Lane produced two recorded transfers on the same date, June 18. The $1,525,000 arm's-length sale at No. 36 is described above; No. 42 moved the same day from Jeffrey H. and Cynthia C. Burbank to themselves as co-trustees of a revocable trust, with no price disclosed.

Main Street contributed two priced transactions. The property at 856 Main St. sold June 24 for $799,000, with Dennis J. and Tracey M. Frazier — listed as trustees — selling to Aranit Veliu and Eva Rrethi. The condominium at 269 Main St., Unit 4001, sold June 22 for $775,000; Yanjing Xu and Songjiu Liu sold to Siyu Chen.

Summit Drive accounted for two condominium transfers, one priced and one not. Unit 158 at 1 Summit Drive sold June 23 for $430,000, with Timothy H. and Heather R. Axelson selling to Slobodanka Vlajkovic. Unit 227 at 2 Summit Drive transferred June 15 from Kathleen Harrington to herself as trustee of the Kathleen Harrington Grantor Trust, with no consideration recorded.

One transfer in the dataset — a $710,000 sale recorded June 18, with Adrienne M. McNicoll conveying to Matthew Paul Murphy and Danielle M. Beaulieu — lists no street address in the registry record.

The period's two lowest priced deeds fell at or under $430,000. The Summit Drive condominium closed at $430,000; a June 12 transfer at 45 Audubon Road recorded $425,000, with the Migliozzi Reading Family Realty Trust conveying to Deborah J. Migliozzi.

MARKET NOTES

Condominium units accounted for at least six of the 19 recorded deeds — units at Summit Drive (two), Main Street, Salem Street, Abigail Way, and Augustus Court — alongside what appears to be a majority of single-family homes, reflecting a mix of property types across the period. The nine transfers with no disclosed price, each showing grantor-grantee name overlap consistent with intra-family or intra-entity reorganization, reduce the pool of apparent arm's-length sales to 10. The 198 Ash Street and 45 Audubon Road transactions, while priced, also show name-matching between grantor and grantee. Readers drawing market conclusions from this period's deed count should account for that composition.


Recorded Deeds

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

Jun 8 - Jun 14

DateAddressGrantorGranteeSale Amount
2026-06-1245 AUDUBON RD, ReadingMIGLIOZZI JOHN TR; MIGLIOZZI READING FAMILY REALTY TRUSTMIGLIOZZI DEBORAH J$425,000

Jun 15 - Jun 21

DateAddressGrantorGranteeSale Amount
2026-06-1575 AUGUSTUS CT UNIT 1002, ReadingRICHARD JOSEPH R TR; RICHARD REALTY TRUSTRICHARD MARIE L TR; RICHARD JOSEPH R TRNot disclosed
2026-06-152 SUMMIT DR UNIT 227, ReadingHARRINGTON KATHLEENHARRINGTON KATHLEEN TR; KATHLEEN HARRINGTON GRANTOR TRUSTNot disclosed
2026-06-16198 ASH ST, ReadingRAVENS FRED J III TR; ASH STREET REALTY TRUSTRAVENS REALTY LLC$925,000
2026-06-179 GLEASON RD, ReadingMASEL ALEX JHRUBI ROSEMARIE D LIFE EST; MASEL ALEX J TRNot disclosed
2026-06-1710 ABIGAIL WAY UNIT 3, ReadingBIZZARO DONALD; BIZZARO MICHELLEBIZZARO MICHELLE DESROCHES TR; BIZZARO DONALD FREDERICK TRNot disclosed
2026-06-1836 LINDSAY LN, ReadingMARGOSSIAN STEVEN P; MARGOSSIAN RENEE ELAMARCA JOSEPH; LAMARCA MEGAN$1,525,000
2026-06-1821 BUCKINGHAM DR, ReadingPAVAO STEPHEN; PAVAO MICHELLECERRETANI MARK; CERRETANI ALICIA$1,471,000
2026-06-18ReadingMCNICOLL ADRIENNE MMURPHY MATTHEW PAUL; BEAULIEU DANIELLE M$710,000
2026-06-1842 LINDSAY LN, ReadingBURBANK JEFFREY H; BURBANK CYNTHIA CBURBANK JEFFREY H TR; BURBANK CYNTHIA C TRNot disclosed

Jun 22 - Jun 28

DateAddressGrantorGranteeSale Amount
2026-06-22269 MAIN ST UNIT 4001, ReadingXU YANJING; LIU SONGJIUCHEN SIYU$775,000
2026-06-2265 DIVIDENCE RD, ReadingFARWELL DAVID M; FARWELL DOMINIQUE KFARWELL DOMINIQUE TR; DOMINIQUE FARWELL REVOCABLE TRUSTNot disclosed
2026-06-2310 BRENTWOOD DR, ReadingKATHLEEN M CROWLEY GRANTOR TRUST; CROWLEY KATHLEEN M TRSOUTHER SHERI; PAOLA MASSIMO$830,000
2026-06-2322 IRVING ST, ReadingALLEVATO NICHOLAS; QUAGLIATO LYNNWINSLOW BENJAMIN; DOUGLAS RACHEL$825,000
2026-06-231 SUMMIT DR UNIT 158, ReadingAXELSON TIMOTHY H; AXELSON HEATHER RVLAJKOVIC SLOBODANKA$430,000
2026-06-24856 MAIN ST, ReadingFRAZIER DENNIS J TR; FRAZIER TRACEY M TRVELIU ARANIT; RRETHI EVA$799,000
2026-06-2415 RED GATE LN, ReadingGRIFFITH ERNEST WGRIFFITH ERNEST W TR; ERNEST W GRIFFITH REVOCABLE LIVING TRUSTNot disclosed
2026-06-2435 WALNUT ST, ReadingOCONNOR ERIN M; COHOON JAMES DOCONNOR ERIN MNot disclosed
2026-06-24104 SALEM ST UNIT 2, ReadingSTHALEKAR CHIRAG CHAITANYA; RANADE ASHWINI SHEKHARSTHALEKAR CHIRAG CHAITNANYA TR; RANDADE ASHWINI SHEKHAR TRNot disclosed

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

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