Cambridge June Median Holds at $750,000 as Condo Sales Dominate Slim Month

CAMBRIDGE -- A condominium unit at 53 Ellery St. changed hands for $2,100,000, leading a modest June sales period in which seven of 11 recorded transactions carried disclosed prices.

• MARKET OVERVIEW
• Eleven deeds were recorded in Cambridge between May 31 and June 29, 2026, though only seven carried disclosed sale prices. Among those seven, prices ranged from $594,000 to $2,100,000, with a median of $750,000. The remaining four transactions were trust-related transfers with no consideration stated; those are excluded from price calculations. Eleven total transactions represents a relatively light month, and the limited pricing disclosure constrains any broad conclusions about market conditions.
• TOP SALES
• The month's highest transaction was 53 Ellery St. Unit 1, which sold June 1 for $2,100,000. Martha Chayet was the seller; Pamela Jane Murray and Christopher Horwitz were the buyers. Second was an unaddressed transaction recorded June 2 for $1,068,000, in which the Michael Alan Anthony Revocable Trust and the Laura Jennings Anthony Revocable Trust conveyed the property to Christine Wu and Weiping Shan; no street address was included in the deed data for that sale. Third was 7 Beech St. Unit 301, which sold June 1 for $910,000; Frank Wang and Lisa Wang, trustees, were the sellers, and Mikhail Sememov was the buyer.
• NEIGHBORHOOD BREAKDOWN
• At the upper tier, above $1 million, two sales accounted for prices of $1,068,000 and $2,100,000. In the mid-range, $750,000 to $910,000, two sales were recorded: 54 Bellis Cir. at $750,000 and 7 Beech St. Unit 301 at $910,000. At the lower tier, three sales fell between $594,000 and $649,000: 42 Jefferson St. Unit 3 at $649,000 and two units at 1 Garden Ct. — Units 2 and 4 — each at $594,000. The two Garden Court units were purchased by the same buyers, Albert Choy and Sheila Cavanaugh, in simultaneous transactions. Museum Way had two trust transfers with no disclosed price; 988 Memorial Dr. and 43 Harvey St. each had one undisclosed trust transfer as well.
• MARKET NOTES
• Four of the 11 recorded transfers — covering units at 8 Museum Way, 10 Museum Way, 988 Memorial Dr., and the single-family at 43 Harvey St. — involved a grantor conveying property to a trust bearing the same individual's name. These are consistent with estate-planning or asset-protection transfers rather than arm's-length sales, though motivations cannot be confirmed from deed data alone. The month's disclosed sales skewed toward condominiums; 54 Bellis Cir. was notable as a sale from an institutional seller, Cambridge Montessori School Inc., to a limited liability company, Bellis Cir. LLC. Property type data is otherwise limited, as unit designations suggest condominium status for most entries but deed records do not specify property type.