Excerpt from:  Wellesley MA News and Real Estate
.
May 10, 2007

Pinnacle Report for Wellesley, MA Real Estate

Real Estate Activity for Wellesley, MA - April 30th - May 7th, 2007

Since April 30th, 16 properties were listed and 13 sold. Three of these sales were of the new inventory. As of May 7th, there are 147 houses remaining for sale. Inventory has climbed over the past few weeks, but still, we have substantially fewer than this week last year when there were 199 single families for sale.

                                                              Single Family Activity

New Since 04/30

Sold* Since 04/30

Remaining as of 05/07

$ 400,000 -$ 600,000

2

0

22

$ 600,000 - $ 800,000

7

7

32

$ 800,000 - $1,000,000

2

1

14

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

2

2

26

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

2

2

22

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

1

1

10

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

0

0

8

$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 04/30/07 - 05/07/07

by The Pinnacle Team
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