Melrose Median Tops $1.1 Million as High-End Sales Dominate June Disclosures

MELROSE -- A $1,665,000 sale on North Avenue stood as the month's benchmark transaction as Melrose recorded 18 property transfers between June 6 and July 5, 2026, though only eight carried disclosed sale prices.

• MARKET OVERVIEW
• Eighteen deeds were recorded during the period, but 10 transfers carried no disclosed consideration, limiting the price sample to eight transactions. Among those eight, prices ranged from $564,000 to $1,665,000, with a median sale price of $1,110,024. The volume of 18 transfers in roughly four weeks reflects a moderately active recording period for a single municipality, though the high share of undisclosed prices constrains full market analysis.
• TOP SALES
• The month's highest recorded sale was 31 North Ave., which changed hands for $1,665,000 on June 16. Bradley Joseph and Lesley Ann Armour were the sellers; Andrew and Gennie Lawson were the buyers. Close behind, 128 Rowe St. sold for $1,420,000 on June 8, with Daniel and Katherine DiRico selling to Nicholas and Rachel Peranzi. At 26 Garfield Rd., Mark D. Garabedian purchased the property from Judith A. Smith for $1,255,000 on June 12. The fourth-highest transaction was 33 Longfellow Rd., which sold for $1,220,050 on June 9; Judy Hull and Jonathan Schaller were the sellers, and Amy D. Proal and Michael B. VanElzakker were the buyers. Rounding out the top five, 18 Glendale Ave. sold for $999,999 on June 11, with William P. and Alicia M. O'Connor purchasing from Michael J. and Paula A. Tocco.
• NEIGHBORHOOD BREAKDOWN
• Four of the eight priced sales cleared $1 million, clustered on North Ave., Rowe St., Garfield Rd., and Longfellow Rd., while the remaining four priced sales fell between $564,000 and $999,999. The $564,000 transaction — the dataset's lowest disclosed price — lacked a street address in the deed record. No single street accounted for more than one disclosed-price sale during the period. Among the ten undisclosed-price transfers, several streets appear across varied sections of the city — Sycamore Rd., West Wyoming Ave., Beech Ave., Heywood Ave., Park St., Whitman Ave., Mt. Vernon St., Spear St., Washington St., and Old Brook Cir. — indicating activity was geographically distributed.
• MARKET NOTES
• Of the 18 recorded transfers, at least seven appear to be trust or estate-related conveyances in which grantor and grantee names overlap or a property moved into a named living trust — including transfers at 46 Sycamore Rd., 122 West Wyoming Ave. Unit 1, 84 Heywood Ave., 93 Whitman Ave., 12 Mt. Vernon St., 39 Spear St., and 12 Old Brook Cir. These carry no disclosed consideration and are common estate-planning instruments; they reduce the count of apparent arm's-length market sales. One transfer — 7 Park St., from Irving Family Trust LLC to CAE Real Estate LLC — moved between two business entities; price was not disclosed. The sale of 301 Upham St. for $985,000 to Hearthstone Property Group LLC represents the dataset's only clearly identified corporate buyer in a disclosed-price transaction, which may indicate investor activity at that address.

Recorded Deeds

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

Jun 8 - Jun 14

Jun 15 - Jun 21

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