Salem Property Sales Top $1.5 Million as Family Trust Transfers Mark Early October
Thirteen properties sold in Salem between Sept. 11 and Oct. 10, with recorded prices ranging from $306,900 to $1,522,500 and a median of $627,500 among the eight sales with a price on file. The period's top transaction was the $1,522,500 sale of the commercial property at 100 & 102 Boston St, from
Thirteen properties sold in Salem between Sept. 11 and Oct. 10, with recorded prices ranging from $306,900 to $1,522,500 and a median of $627,500 among the eight sales with a price on file. The period's top transaction was the $1,522,500 sale of the commercial property at 100 & 102 Boston St, from H & M Properties LLC to 100 Boston Street LLC. Five transactions, including several transfers within the same family or into a trust, have no recorded price yet, which is typical in the days after a deed is filed. Condominium units accounted for nearly half of the period's sales.
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