Median Swampscott Home Sale Holds at $675,000 in Late Summer

SWAMPSCOTT -- Fifteen properties changed hands in Swampscott between July 17 and Aug. 15, with recorded prices ranging from $470,000 to $1,105,000. The month's priciest sale, a $1,105,000 deed on Millett Road, was one of two transactions recorded on that street during the period.

MARKET OVERVIEW

Fifteen sales were recorded with the Essex County (Southern District) Registry of Deeds during the period, though only 10 of those transactions listed a sale price; the remaining five were recorded without a disclosed consideration amount, which is common for certain deed types, including trust transfers. Among the 10 disclosed sales, prices ranged from $470,000 to $1,105,000, with a median of $675,000. The raw count of 15 recorded deeds over the roughly four-week window indicates a period of ordinary activity, though the data does not include prior-period figures for comparison.

TOP SALES

The month's highest-priced transaction was 67 Millett Rd, which sold for $1,105,000 on Aug. 10; Cory C. Deermount, trustee, sold to David A. Kassabian. At 57 Redington St Lot A, the property sold for $895,000 on Aug. 13, with Cynthia Hatch-Belhumeur, trustee, selling to Cynthia Belhumeur, trustee. A third sale, 47 Millett Rd Lot 11, went for $815,000 on Aug. 10, with Martina B. Berube selling to Kaitlyn A. Doyle. At 29 Ellis Rd, the SMPM41 Irrevocable Trust sold to John Morretti for $692,000 on Aug. 11. Rounding out the top five, 32 Puritan Rd sold for $675,000 on Aug. 11, with David F. Irving selling to the Nance L. Previte Revocable Trust.

NEIGHBORHOOD BREAKDOWN

Two streets each logged two recorded sales during the period. Millett Road saw the month's highest sale, at 67 Millett Rd ($1,105,000), and 47 Millett Rd Lot 11 ($815,000). Redington Street also had two transactions: 57 Redington St Lot A ($895,000) and 82 Redington St ($675,000, sold Aug. 10 by Jason Littman-Quinn to Allison L. Conlon). By price tier among the 10 disclosed sales, two fell under $500,000 (143 Burrill St Un 102 at $472,000 and 404 Paradise Rd Un 1-P Bldg 2 at $470,000), seven fell between $500,000 and $1 million, and one exceeded $1 million (67 Millett Rd). The remaining five properties, on Suffolk Avenue, Banks Road, Manton Road, Charlotte Road and Pine Hill Road, along with one listed only as "see record," had no price disclosed in the deed data.

MARKET NOTES

Six of the 15 recorded transactions, or 40%, involved a grantor and grantee sharing the same name or a trust structure tied to the same family, a pattern common in estate and trust-related deed filings: 99 Banks Rd Lot 24 (Andrew S. Brown to Andrew S. Brown, trustee), 45 Manton Rd (Michael J. Cronin to Michael John Cronin, trustee), 4 Charlotte Rd Lot 2 (J.E. Freedman to the JJL Trust), the SEE RECORD entry (Anne E. Paradise to Anne E. Paradise, trustee), 65 Pine Hill Rd Lot 5 (Michael L. DiMauro, trustee, to Michael L. DiMauro), and 57 Redington St Lot A (Cynthia Hatch-Belhumeur, trustee, to Cynthia Belhumeur, trustee). The two lowest-priced sales in the dataset, at 143 Burrill St Un 102 and 404 Paradise Rd Un 1-P Bldg 2, both carried unit designations indicating condominium sales, and both fell below the period's median. Beds, baths and square footage were not available in the deed records reviewed for this roundup.

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.