Market Report Wellesley, Massachusetts
Single Family Homes Y e a r E n d 2 0 13
Wellesley Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2013
1-2 Bed 3 Bed 4 Bed 5 Bed 6 Bed 7+ Bed
Range $230,000 - $580,000 $325,000 - $1,240,000 $450,000 - $3,136,000 $550,000 - $3,300,000 $1,075,000 - $4,750,000 $1,050,000 - $7,050,000
Number of Listing Sold 5 78 138 74 26 7
Days on the Market 13 50 60 114 187 78
Average Sale Price $ 444,000 $ 785,700 $ 1,164,992 $ 1,734,188 $ 2,212,769 $ 3,164,114
Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Number of Listing Sold 384 361 357 338 271 267 304 283 360 328
% Change 9.116% -6.115% 8.876% 7.946% -14.561% -4.183% 13.015% -5.010% 10.999%
Days on the Market 71 93 129 105 107 118 124 133 118 81
Average Sale Price $ 1,122,104 $ 1,224,400 $ 1,149,534 $ 1,251,572 $ 1,351,022 $ 1,154,302 $ 1,106,015 $ 1,249,963 $ 1,187,340 $ 1,317,940
$1,351,022 $1,317,940 $1,251,572 $1,249,963 $1,224,400 $1,187,340 $1,154,302 $1,149,534 $1,122,104 $1,106,015
2004
2005
2006
2007
Source: MLSPIN, as of 02/07/2014
2008
2009
2010
2011
2012
2013
Market statistics
Total Sold - Wellesley, MA Single Family Homes, 1/1/2013 - 12/31/2013 # of Listings
Avg. Days on Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
$150,000 - $199,999
1
29
$155,000
$199,000
78
$199,000
78
$200,000 - $249,999
0
0
$0
$0
0
$0
0
$250,000 - $299,999
1
130
$275,000
$309,900
89
$309,900
89
$300,000 - $349,999
4
100
$325,250
$376,000
87
$397,000
83
$350,000 - $399,999
9
183
$372,111
$395,200
94
$407,978
92
$400,000 - $449,999
7
110
$419,286
$434,686
97
$467,557
91
$450,000 - $499,999
4
163
$482,250
$504,475
96
$554,225
88
$500,000 - $599,999
26
80
$554,542
$570,877
97
$587,438
95
$600,000 - $699,999
40
86
$655,308
$680,998
96
$704,608
93
$700,000 - $799,999
46
78
$748,694
$773,054
97
$796,326
94
$800,000 - $899,999
29
73
$846,913
$873,378
97
$887,414
96
$900,000 - $999,999
21
73
$948,701
$984,276
97
$1,006,371
95
$1,000,000 - $1,499,999
85
103
$1,232,119
$1,299,223
95
$1,342,294
93
$1,500,000 - $1,999,999
49
168
$1,710,995
$1,796,608
96
$1,864,243
92
$2,000,000 - $2,499,999
14
206
$2,208,464
$2,400,857
92
$2,503,000
89
$2,500,000 - $2,999,999 $3,000,000 - $3,999,999 $4,000,000 - $4,999,999
13 8 4
297 171 338
$2,668,846 $3,362,700 $4,464,000
$2,847,462 $3,569,250 $4,709,725
94 95 95
$2,974,538 $3,901,250 $4,821,000
90 88 93
328
81
$1,317,940
$1,368,964
97
$1,400,332
96
Price Range
Total Properties Source: MLSPIN, as of 02/07/2014
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