Pinnacle Report for Wellesley, MA Real Estate

Real Estate Activity for Wellesley, MA - May 5th - 12th, 2008

Since May 5th, 10 properties were listed in Wellesley and 15 sold. That’s a brisk week. Eleven of the sales were in the $1-2M price range, which has the largest of inventory. As of May 12th, there were 113 single family houses remaining on the market in Wellesley. Inventory is down when compared to same time 2007 (148) and 2006 (192).

Single Family Activity

 

New Since 05/05

Sold* Since 05/05

Remaining as of 05/12

$ 300,000 -$ 600,000

0

0

16

$ 600,000 - $ 800,000

1

1

15

$ 800,000 - $1,000,000

1

1

11

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

4

7

21

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

2

4

16

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

0

0

12

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

1

0

7

$3,000,000 - Plus

1

1

 

 

 

15

*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 05/05/08 - 05/12/08.

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

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