Somerville Sale Prices Cluster Above $1 Million Even As Range Stays Wide

SOMERVILLE -- Fifteen property transfers were recorded at the South Middlesex Registry of Deeds for Somerville between June 26 and July 25, with disclosed sale prices ranging from $550,000 to $2.1 million and a median of $1,049,500.

MARKET OVERVIEW The registry recorded 15 total transfers in the period, 12 of which listed a sale price; the remaining three were reported as price not disclosed. Among the 12 disclosed sales, prices ranged from $550,000 to $2,100,000, with a median of $1,049,500. The raw count of 15 recorded deeds in a one-month span reflects a level of transaction activity typical for a dense residential community like Somerville, though the dataset does not include prior-period figures for comparison.

TOP SALES The month's highest-priced sale was 73 Chandler St, which sold for $2,100,000 on June 29. The property transferred from sellers Kathleen M. Wynn, trustee, and Richard M. Nasser, trustee, to buyers Ismail Salhi and Johanna Hartzheim. The second-highest sale was 56 School St, which sold for $1,665,000 on June 26, transferring from Karen Maria Harvey (also listed as Karen M. Harvey) to Robert Hegemann Lasell and Nicole Ashley Gonzalez. Third was 57 Walnut St Unit 2, a condominium that sold for $1,450,000 on June 30, with sellers Jon Michael Jachimowicz and Kriti Kaur conveying to buyer Kai Damon Bernardini. Fourth was 31 Loring St, sold for $1,425,000 on June 26 by Randy Ricker to Riddhi Desai. Rounding out the top five was 55 Heath St Unit 3, a condominium that sold for $1,400,000 on June 30, with sellers Douglas and Sarah R. Drysdale conveying to buyers Michael Chan and Hiu Lok Cheung.

NEIGHBORHOOD BREAKDOWN Washington Street was the only street with more than one recorded transfer: 197 Washington St Unit 307 sold for $655,000 on June 29, while 403 Washington St changed hands on June 26 with price not disclosed. No other street had multiple sales in the period. By price tier, six of the 12 disclosed sales fell between $500,000 and $1 million: 28 Highland Ave Unit 4 ($550,000), 197 Washington St Unit 307 ($655,000), a Somerville property without a listed street address ($720,000), 64 Derby St Unit 4 ($739,000), 18 Paulina St Unit 1 ($865,000) and 20 Corinthian Rd ($900,000). Four sales fell between $1 million and $1.5 million: 51 Oliver St Unit 2 ($1,199,000), 55 Heath St Unit 3 ($1,400,000), 31 Loring St ($1,425,000) and 57 Walnut St Unit 2 ($1,450,000). Two sales exceeded $1.5 million: 56 School St ($1,665,000) and 73 Chandler St ($2,100,000). No disclosed sales fell below $500,000.

MARKET NOTES Of the 15 recorded transfers, eight involved condominium units (identified by unit numbers), while the remaining seven were recorded without unit designations. Three transfers carried no disclosed sale price: 216 Morrison Ave, 12 Putnam St Unit 1 and 403 Washington St. Two of those undisclosed-price transfers show grantor and grantee names that overlap, consistent with transfers within the same family or into a trust rather than an open-market sale. At 216 Morrison Ave, the deed lists Steven J. Branco and the estate of Joseph Branco as sellers and Steven Branco and Steven J. Branco as buyers. At 12 Putnam St Unit 1, sellers Jennifer Eberle and Nathan Hansen transferred to Jennifer Eberle Vale, trustee, and the JVE Living Trust. Beds, baths and square footage were not available in the deed data for any recorded sale.

Recorded Deeds

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

Jun 22 - Jun 28

Jun 29 - Jul 5

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