Pinnacle Report for Wellesley, MA Real Estate

Real Estate Activity for Wellesley, MA - May 28th - June 4th, 2007

Eighteen properties were aded to the inventory this week and 9 sold, with two of these sales from the new listings.  As of June 4th, there are 157 houses for sale compared to 190 one year ago. Are those Globe real estate stories confusing you? The lack of insight into local markets, emphasis on negative pockets, delay in trend reporting, etc. is confusing to everyone.

                                                                    Single Family Activity

 

New Since 05/28

Sold* Since 05/28

Remaining as of 06/04

$ 400,000 -$ 600,000

1

1

24

$ 600,000 - $ 800,000

1

3

26

$ 800,000 - $1,000,000

6

1

20

$1,000,000 - $1,500,000

5

0

31

$1,500,000 - $2,000,000

1

2

24

$2,000,000 - $2,500,000

3

2

12

$2,500,000 - $3,000,000

1

0

7

$3,000,000 - Plus

0

0

 

13

*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 05/28/07 - 06/04/07

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

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