Medford's Late-Spring Median Hits $782,500 as Prices Range Widely Across the City

MEDFORD -- A single-family sale at 4 Grove St. closed at $1,895,000 in late May, standing as the most expensive recorded transaction in Medford during a four-week stretch that saw 17 deeds recorded and a median sale price of $782,500 among the 10 transactions with disclosed prices.

• MARKET OVERVIEW
• Seventeen deeds were recorded between May 28 and June 26, though prices were disclosed in only 10 of those transfers. Among the 10 priced sales, figures ranged from $250,000 to $1,895,000, with a median of $782,500. Seven transfers carried no consideration amount and cannot be included in price analysis. The raw volume of 17 transactions over roughly four weeks reflects a moderately active late-spring period, though the high share of undisclosed prices limits how fully the market can be assessed from deed records alone.
• TOP SALES
• 4 Grove St. led all transactions at $1,895,000, recorded May 29; Grove St LLC conveyed the property to Charles Sposato and Jamie Joshi. 42 Burnside St. sold for $1,075,000 on June 1, with trustees Christine L. Catino and Anthony L. Catino as sellers and Rany Busold and Christopher Busold as buyers. 31 Saunders St. changed hands for $945,000 on June 1; James M. Flynn and Debra N. Flynn sold to Haim Chen and Maya Ravinsky. 87 Otis St., Unit 2, sold for $850,000 on May 29, conveyed by Nicholas Hentschel and Gabrielle Clemente to Derek DuPont and Jaqueline Noack. 47 Whitney Rd. rounded out the top five at $835,000, sold May 29 by the trustee of the Lena A. Valenti Revocable Living Trust to Kasey Gagnon and Connor Schwarze.
• NEIGHBORHOOD BREAKDOWN
• Burnside Street produced two recorded transactions: 42 Burnside St. at $1,075,000 and 12 Burnside St., Unit 2, at $275,000, spanning the full price spectrum of the dataset. Grove Street likewise accounted for two entries — 4 Grove St. at $1,895,000 and 212 Grove St. with price not disclosed. Forest Street contributed two sales: 250 Forest St. at $730,000 and 54 Forest St., Unit 411, at $465,000. Among priced sales, four transactions fell in the $500,000–$899,999 tier (87 Otis St. Unit 2, 47 Whitney Rd., 250 Forest St., and 343 Fellsway West Unit 1), forming the largest single cluster. Two sales landed above $1 million (4 Grove St. and 42 Burnside St.), and two fell below $500,000 (54 Forest St. Unit 411 and 12 Burnside St. Unit 2, along with 145 Jerome St. at $250,000).
• MARKET NOTES
• Of the 17 recorded deeds, at least four appear to be intra-family or trust-related transfers with no arm's-length sale indicated: 97 Warren St. passed from Clarissa Pearson Erving to the Clarissa Pearson Erving Trust; 287 High St. moved from Sharon Cohen to the Sharon Cohen Trust Agreement; 75 Sturges St. transferred from the Rudolph Family Realty Trust to Mark B. Rudolph; 212 Grove St. moved from Laurie Malcolmson to the Malcolmson Realty Trust; and 484 Riverside Ave. shifted between two trusts sharing the same trustee. 320 Middlesex Ave. Unit E202 transferred between two entries sharing the name Kenneth Gordon Trieu, with Julianna Lau added as a grantee. Additionally, 12 Burnside St. Unit 2 and 145 Jerome St. were each purchased by an LLC, a pattern sometimes associated with investor activity, though no further characterization is supported by the deed data. The mix of property types included at least three confirmed condominiums (12 Burnside St. Unit 2, 87 Otis St. Unit 2, 343 Fellsway West Unit 1, 54 Forest St. Unit 411, and 320 Middlesex Ave. Unit E202), alongside apparent single-family sales.