Somerville June Sales Cluster Tightly Around $1 Million Median Price

SOMERVILLE -- A batch of 16 recorded deeds from early June shows nine disclosed sales in Somerville ranging from $799,900 to $1.32 million, with a median of exactly $1 million — a threshold the market straddled closely across multiple transactions.

• MARKET OVERVIEW
• Sixteen deeds were recorded between June 6 and July 5, 2026, with sale prices disclosed on nine of them. Among those nine, prices ranged from $799,900 to $1,320,000, and the median sale price was $1,000,000. The remaining seven transfers carried no disclosed consideration. The tight clustering of six of the nine priced sales between $930,000 and $1,060,000 is the period's most visible characteristic, suggesting little spread in what buyers and sellers agreed to across property types.
• TOP SALES
• The highest recorded sale was 192 Washington St., Unit R, which changed hands for $1,320,000 on June 10. Washington Somerville LLC sold the unit to Susan B. Church and Derege B. Demissie. The second-highest transaction was 26 Newbury St., which sold for $1,150,000 on June 8; David Wood and a party listed as Andre were the sellers, with Ling Zheng and Xiaojun Han listed as buyers. At 181 Pearl St., Pearl Street CBC LLC sold to Pearl St. LLC for $1,105,000 on June 8. The fourth-ranked sale, 7 Woodbine St., went for $1,060,000 on June 10, with Imre and Michelle Fitos selling to Woodbine Street Somerville LLC. Rounding out the top five, 40 School St., Unit 3 sold for exactly $1,000,000 on June 10, with Andrew Laobak listed as seller and Latah LLC as buyer.
• NEIGHBORHOOD BREAKDOWN
• Highland Avenue contributed two sales in the dataset — 221 Highland Ave., Unit 2 at $930,000 and 275 Highland Ave., Unit 2 at price not disclosed — making it the only street with multiple entries this period. Among the nine priced sales, four came in above $1 million and five fell below that mark, with a narrow $130,100 spread separating the four sub-million sales from $799,900 to $995,000. The dataset's single address without a street number (sold for $995,000) cannot be mapped to a specific neighborhood based on available data.
• MARKET NOTES
• Unit-designated addresses — condominiums or multi-unit parcels — account for at least eight of the 16 recorded transfers, indicating condos represent a significant share of transactional activity this period. Seven of the 16 deeds show transfers among the same individuals or into trusts and LLCs bearing the grantor's name, consistent with estate planning or asset restructuring activity; those transfers carry no disclosed sale price, which is typical for such conveyances. The LLC-to-LLC and individual-to-LLC transfers — including 7 Woodbine St., 40 School St., and 181 Pearl St. — account for three of the top five disclosed sales, reflecting investor or entity-based acquisition activity at the higher end of the price range.