Median Peabody Sale Holds at $649,000 as September Deeds Post

PEABODY -- Fifteen property transfers were recorded in Peabody in the four weeks ending Sept. 19, led by a $1.1 million sale on Oak Street, according to Essex County Southern District Registry of Deeds records.

MARKET OVERVIEW Seven of the 15 recorded deeds carried a sale price so far, ranging from $500,000 to $1,100,000, with a median of $649,000 among those priced sales. The remaining eight transfers had no price yet available; sale prices typically post to registry data within about a week of recording, so figures for those deeds may still surface. A count of 15 recorded transfers over a four-week span represents a period of ordinary sales activity for the town based on the raw count alone; final pricing patterns may shift once the remaining eight prices are recorded.

TOP SALES The period's highest-priced sale was 23 Oak St, Lot 7, which sold for $1,100,000 on Sept. 18. Edward J. Arsenault, as trustee, sold the property to Paone Mechanical Inc.

33 Warren St, Lot 11, sold for $908,200 on Sept. 15. Ana L. Benavides, as trustee, sold the property to Meris Aguasvivas.

8 Emery St, Lot 6, sold for $880,000 on Sept. 15. McDonough Realty Trust sold the property to Stephen Ward.

11 Nichols Rd, Lot 30, sold for $649,000 on Sept. 18. Betty A. Murphy sold the property to Emily R. Lewis.

36 Hawthorne Cir, Unit 4, Building 24, sold for $577,000 on Sept. 18. Victor B. Reiselman, as trustee, sold the unit to Cassandra Rose Rio.

NEIGHBORHOOD BREAKDOWN No two sales in this period shared a street name, so transfers are grouped by price tier instead. Under $600,000: 162 Washington St ($500,000) and 36 Hawthorne Cir, Unit 4 ($577,000). $600,000 to $900,000: 2606 Postgate Ln, Unit 2606 ($620,000); 11 Nichols Rd, Lot 30 ($649,000); and 8 Emery St, Lot 6 ($880,000). Above $900,000: 33 Warren St, Lot 11 ($908,200) and 23 Oak St, Lot 7 ($1,100,000). The eight transfers without a recorded price so far are spread across Stockton Road, Lenox Road, Main Street, LeBlanc Drive, Redberry Lane, Newcastle Road, Linden Road and Magnolia Terrace, with no street-level clustering evident.

MARKET NOTES Deed records for this period do not include bedroom, bathroom or square-footage data, so no price-per-square-foot comparison is available. The recorded sales include a mix of property types: several single-family or multi-unit lot addresses alongside condominium unit sales at 36 Hawthorne Circle, 2606 Postgate Lane and 33 Redberry Lane.

Six of the eight transfers without a recorded price appear to be transfers into a trust bearing the same or a related family name as the seller: Steven J. Ring to a trust in his own name at 8 Stockton Rd; Michael F. Binari to the Binari21147 Irrevocable Trust at both 30 Lenox Rd and 146 Main St; Apostolos Karavoussianis to the Karavoussianis Realty Trust at 12 LeBlanc Dr; Gerard F. Boyle Jr. to the G & J Boyle Family Investment Trust at 33 Redberry Ln; Susan P. Dancewicz to the Newcastle86 Irrevocable Trust at 14 Newcastle Rd; and John P. Hurley to the Diane M. & John P. Hurley Living Trust at 10 Magnolia Ter. Deed data does not indicate the purpose of these transfers. The remaining unpriced transfer, 51 Linden Rd from Thomas S. Welenc to Elizabeth Marie Croteau, does not show a matching name pattern between seller and buyer.

Recorded Deeds

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

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