Lexington June Median Hits $1.7 Million With Prices Ranging Up to $3.165 Million
LEXINGTON -- A Dane Road sale of $3,165,000 led June activity in Lexington, where eight of 19 recorded deeds carried disclosed prices and the median sale price among those transactions reached $1,712,500.
- MARKET OVERVIEW
- Nineteen deeds were recorded in Lexington between May 31 and June 29, 2026, though sale prices were disclosed on only eight of those transfers. Among the eight priced sales, the range ran from $805,500 to $3,165,000, with a median of $1,712,500. The remaining 11 transfers — more than half the total — carried no consideration amount, limiting the picture of overall market volume and pricing. The eight disclosed sales alone are insufficient to characterize broader activity levels with confidence.
- TOP SALES
- The month's highest recorded transaction was 8 Dane Road, which sold June 1 for $3,165,000. Seller trustees Joshua Ain and John Pantekidis conveyed the property to buyer Li Lefeng. At 3 Franklin Road, Philip William Ruff and Shamim Ruff paid $2,260,000 on June 4, acquiring the property from trustees J. Elbert Lowder and Stephanie L. Lowder. The third-highest disclosed sale was 66 North Street, which changed hands June 8 for $2,050,000; trustees Jayant Sharma and Henrietta Elizabeth Cooper sold to trustees Michael B. Rodensky and Eve M. Bishop. At 6 Wachusett Drive, Ko Heeju and Lim Jongyoon purchased from Grand Central Suites LLC for $1,925,000 on June 4. Rounding out the top five, 106 Grove Street sold June 5 for $1,500,000, with Alan C. Kirby and Julia M. Kirby selling to Siddharth Bajpai and Smriti Ranjan.
- NEIGHBORHOOD BREAKDOWN
- Bedford Street recorded two transactions — 185 Bedford St. and 286 Bedford St. — though neither carried a disclosed price. No other street produced more than one recorded deed during the period. Among the eight priced sales, four came in above $1.5 million, two fell between $1 million and $1.5 million (3 Franklin Road's $2.26 million aside, 46 Outlook Drive at $1,350,000 and the unnamed address at $1,150,000 occupied the mid-range), and one — 663 Lowell Street Unit 37 at $805,500 — was the sole transaction below $1 million. The Lowell Street sale, a condominium unit, was the only transfer that clearly identified a unit number among the top-tier priced sales, suggesting it may represent a different property type than the freestanding homes clustered above $1.5 million.
- MARKET NOTES
- Of the 19 recorded deeds, at least 11 show structural hallmarks of intra-family or estate-planning transfers: grantor and grantee share the same surname, the grantee is identified as a trustee or named trust, or the same individual appears on both sides of the transaction. Examples include 25 Parker Street, 2 Martingale Road, 131 Maple Street, 26 Patterson Road, 70 Grassland Street, 3 Ellen Dana Court, 286 Bedford Street, 75 Winter Street, 4 Bruce Road, and 17 Hobbs Brook Lane Unit 8. The deed at 185 Bedford Street lists the same LLC as both grantor and grantee. These patterns are consistent with revocable trust formations, estate planning conveyances, or title restructuring, and are common in deed records; they do not necessarily represent arms-length market sales. Bed, bath, and square footage data are not available from deed records and are omitted throughout.