Market Report Wellesley, Massachusetts
Single Family Homes Y e a r E n d 2 0 15
Wellesley Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2015 Range 1-2 Bed $415,000 - $700,000 3 Bed $480,000 - $2,595,000 4 Bed $615,000 - $2,700,000 5 Bed $800,000 - $4,000,000 6 Bed $677,000 - $3,930,000 7 Bed $1,075,000 - $5,800,000
Number of Listing Sold 10 83 121 82 29 3
Days on the Market 39 40 63 108 142 440
Average Sale Price $ 558,500 $ 874,399 $ 1,263,473 $ 1,772,159 $ 2,259,770 $ 3,541,667
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
% Change 8.876% 7.946% -14.561% -4.183% 13.015% -5.010% 10.999% 9.029% -3.988%
Number of Listing Sold 357 338 271 267 304 283 360 328 316 328
Days on the Market 129 105 107 118 124 133 118 81 85 78
Average Sale Price $ 1,149,534 $ 1,251,572 $ 1,351,022 $ 1,154,302 $ 1,106,015 $ 1,249,963 $ 1,187,340 $ 1,317,940 $ 1,436,931 $ 1,379,621
$1,436,931 $1,379,621 $1,351,022 $1,317,940 $1,251,572 $1,249,963 $1,187,340 $1,154,302$1,106,015 $1,149,534
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Source: MLSPIN, as of 01/16/2015
Cover Image: Woodward, James. (October 16, 2009). Wellesley MA Town Hall [photo]. Retrieved from https://goo.gl/tL395V.
Market statistics
Total Sold - Wellesley, MA Single Family Homes, 1/1/2015 - 12/31/2015
# of
Price Range $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999 $4,000,000 - $4,999,999 $5,000,000 - $9,999,999
Total Properties
Avg. Days on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
2 2 7 22 24 39 18 104 65 19 14 10 1 1
66 195 90 37 46 33 33 64 95 132 178 147 377 1021
$425,000 $485,000 $557,286 $662,023 $750,210 $840,545 $939,917 $1,241,280 $1,719,902 $2,213,842 $2,671,123 $3,438,000 $4,000,000 $5,800,000
$500,000 $509,950 $563,286 $669,618 $756,513 $842,790 $937,056 $1,272,595 $1,782,020 $2,299,474 $2,829,564 $3,686,400 $4,395,000 $8,995,000
87 95 99 99 100 100 100 98 97 96 95 94 91 64
$500,000 $652,450 $560,557 $672,809 $776,217 $849,787 $952,828 $1,306,260 $1,824,543 $2,373,053 $2,836,707 $3,756,400 $4,395,000 $8,995,000
87 77 100 99 98 99 99 95 95 93 94 92 91 64
328
78
$1,379,621
$1,433,920
98
$1,463,886
96
Source: MLSPIN, as of 01/22/2016
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