Market Report Wellesley, Massachusetts
Single Family Homes Y e a r E n d 2 0 14
Wellesley Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014
1-2 Bed 3 Bed 4 Bed 5 Bed 6 Bed 7+ Bed
Range $250,000 - $882,500 $425,000 - $1,349,000 $390,000 - $2,295,000 $710,000 - $4,795,000 $1,017,500 - $3,775,000 $1,712,000 - $6,250,000
Number of Listing Sold 16 80 111 77 25 7
Days on the Market 63 28 67 102 223 382
Average Sale Price $ 589,134 $ 839,640 $ 1,257,594 $ 1,958,943 $ 2,475,978 $ 3,591,714
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -6.115% 8.876% 7.946% -14.561% -4.183% 13.015% -5.010% 10.999% 9.029%
Number of Listing Sold 361 357 338 271 267 304 283 360 328 316
Days on the Market 93 129 105 107 118 124 133 118 81 85
Average Sale Price $ 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 $ 1,436,931
$1,436,931 $1,351,022 $1,317,940 $1,251,572 $1,249,963 $1,224,400 $1,187,340 $1,154,302$1,106,015 $1,149,534
2005
2006
2007
2008
Source: MLSPIN, as of 01/16/2015
2009
2010
2011
2012
2013
2014
Market statistics
Total Sold - Wellesley, MA Single Family Homes, 1/1/2014 - 12/31/2014
# of
Price Range $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $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
1 0 1 3 2 10 19 30 33 16 84 69 16 11 16 3 2
372 0 113 44 185 78 32 23 26 39 44 109 131 192 344 103 490
$250,000 $0 $390,000 $432,500 $474,950 $557,250 $646,658 $751,250 $855,876 $955,613 $1,232,917 $1,704,736 $2,196,500 $2,764,602 $3,476,019 $4,546,667 $5,625,000
$250,000 $0 $439,000 $468,000 $549,500 $583,850 $657,884 $758,807 $839,627 $955,993 $1,245,686 $1,758,275 $2,226,750 $2,888,364 $3,807,063 $4,628,333 $6,649,500
100 0 89 93 87 96 99 99 102 100 100 97 101 96 92 98 86
$250,000 $0 $469,000 $468,000 $662,000 $622,650 $670,258 $768,203 $850,085 $991,600 $1,261,578 $1,804,419 $2,294,000 $2,980,727 $3,865,500 $4,628,333 $7,475,000
100 0 83 93 72 90 97 98 101 97 98 95 98 93 90 98 77
316
85
$1,436,931
$1,483,398
98
$1,519,068
97
Source: MLSPIN, as of 01/16/2015
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