Wellesley MA News and Real Estate

Timely news and information about real estate and more in Wellesley Massachusetts

June 24, 2008

Pinnacle Report for Wellesley, MA Real Estate

Real Estate Activity for Wellesley, MA - June 16th - 23rd, 2008

Since June 16th, 4 properties were introduced and 6 sold. As of June 23rd, there are 116 single family properties remaining on the Wellesley market versus 143 last year. Despite national news to the contrary, Wellesley continues to benefit from a relatively healthy real estate market. Why? Outstanding public education, proximity to Boston, beautiful homes, a wonderful downtown, and great natural beauty.

                                                                   Single Family Activity

New Since 06/02

Sold* Since 06/02

Remaining as of 06/16

$ 300,000 -$ 600,000

2

1

19

$ 600,000 - $ 800,000

2

2

19

$ 800,000 - $1,000,000

0

0

11

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

2

2

19

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

7

4

22

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

0

0

10

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

0

0

6

$3,000,000 - Plus

2

1

17

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

Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period 06/16/08 - 06/23/08

by The Pinnacle Team
Email Me | Search for Homes | Send e-Mail Email to a Friend | 781.237.5000


June 18, 2008

Pinnacle Report for Wellesley, MA Real Estate

Real Estate Activity for Wellesley, MA - June 2nd - June 16th, 2008

In the 2 weeks since our last report, 15 properties were introduced and 10 sold. As of June 16th, there are 123 single family properties remaining on the Wellesley market versus 143 last year. We are at the end of the Spring Market and there should be relatively few houses added to the inventory over the summer. Usually, however, more relocating executives look at property at this time of year. These transferring families typically buy brand new or completely renovated homes.

Single Family Activity

New Since 06/02

Sold* Since 06/02

Remaining as of 06/16

$ 300,000 -$ 600,000

2

1

19

$ 600,000 - $ 800,000

2

2

19

$ 800,000 - $1,000,000

0

0

11

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

2

2

19

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

7

4

22

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

0

0

10

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

0

0

6

$3,000,000 - Plus

2

1

17

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

Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period 06/02/08 - 06/16/08

by The Pinnacle Team
Email Me | Search for Homes | Send e-Mail Email to a Friend | 781.237.5000


June 04, 2008

Pinnacle Report for Wellesley, MA Real Estate

Real Estate Activity for Wellesley, MA - May 26th - June 2nd, 2008

Since May 26th, 12 properties were introduced and 8 sold. As of June 2nd, there are 121 single family properties remaining on the Wellesley market versus 157 last year at this time.  There should be fewer properties added to the inventory as the Spring market typically tapers down at this time.

                                                                     Single Family Activity

New Since 05/26

Sold* Since 05/26

Remaining as of 06/02

$ 300,000 -$ 600,000

1

1

18

$ 600,000 - $ 800,000

4

0

18

$ 800,000 - $1,000,000

2

2

11

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

0

2

19

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

3

0

22

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

0

2

11

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

0

0

7

$3,000,000 - Plus

2

1

15

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

Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period 05/26/08 - 06/02/08

 

by The Pinnacle Team
Email Me | Search for Homes | Send e-Mail Email to a Friend | 781.237.5000


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