The Pinnacle Report for Wellesley, MA Real Estate

Real Estate Activity for Wellesley, MA -- November 27th - December 4th, 2006

In the last week, 4 single family properties were added to the inventory and there were 9 sales. None of these sales was from the new listings. As of December 4th, there are 128 properties remaining for sale. This is the lowest inventory of the year and compares to 166 last year at this time. In fact, this is the lowest inventory since April, 2005. Only two listings were withdrawn or expired this past week, so this number is a direct result of increased sales.

 

     

New Since  11/27

Sold Since 11/27

Remaining as of  12/4

$              0  - $    400,000

0

 0

$    400,000  - $    600,000

0

1

11

$    600,000  - $    800,000

1

2

27

$    800,000  - $ 1,000,000

3

2

14

$ 1,000,000  - $ 1,500,000

0

0

 24

$ 1,500,000  - $ 2,000,000

 0

2

23

$ 2,000,000  - $ 2,500,000

0

0

8

$ 2,500,000  - $ 3,000,000

0

0

7

$ 3,000,000  -   Plus

0

1

14

* Sold here means “pending/under agreement” and not yet closed.

For more information about these sales and how they may affect the value of your home, call Pinnacle at 781-237-5000 or email info@PinnacleHouses.com.

Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period  11/27/06 - 12/04/06

Contributed by The Pinnacle Team
info@PinnacleHouses.com
| Office Phone: 781-237-5000
http://www.pinnaclehouses.com

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