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Wellesley Market Trends

Today, November 24, 2009

Median Sales Price in Wellesley

Embed Info
1 yr 5 yr Max
Wellesley median sales prices
Number of sold homes in Wellesley
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$457,500-12.0%$610,000$520,000$500,000
3 bedrooms$630,000-6.0%$639,000$670,000$738,000
4 bedrooms$1,055,000-11.3%$1,030,000$1,190,000$959,950
All properties$709,750-26.4%$906,250$964,000$901,777
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Wellesley Summary

The median sales price for homes in Wellesley MA for Aug 09 to Oct 09 was $709,750. This represents a decline of 21.7%, or $196,500, compared to the prior quarter and a decrease of 26.4% compared to the prior year. Sales prices have depreciated 21.3% over the last 5 years in Wellesley.

The average listing price for Wellesley homes for sale on Trulia was $1,647,165 for the week ending Nov 18, which represents an increase of 1.2%, or $20,027, compared to the prior week and an increase of 0.5%, or $8,930, compared to the week ending Oct 28. Average price per square foot for Wellesley MA was $411, a decrease of 18% compared to the same period last year.

 

Average Listing Price in Wellesley

Embed Info
1 yr 5 yr Max
Wellesley average property price
Wellesley – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$405,983-1.2%$410,983$414,412$424,037
2 bedrooms$577,195+1.2%$570,423$572,858$573,876
3 bedrooms$743,047+1.5%$732,099$735,594$755,157
4 bedrooms$1,282,651-0.7%$1,291,822$1,285,604$1,277,478
All properties$1,647,165+1.2%$1,627,138$1,629,421$1,638,235
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Average Price Per Sqft for Homes in Wellesley

Embed Info
1 yr 5 yr Max
Wellesley average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$338+6.3%$377$318$406
3 bedrooms$419-17.0%$451$505$436
4 bedrooms$464-4.5%$445$486$381
All properties$411-18.0%$459$501$402
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Homes for Sale in Wellesley

24 Ledyard Street, Wellesley MA
24 Ledyard…
$715,000
3 br  2 ba
206R Cedar Street, Wellesley MA
206R Cedar…
$495,000
3 br  2 ba
261 Grove Street, Wellesley MA
261 Grove…
$6,950,000
6 br  5 ½ ba
10 Oriole Road, Wellesley MA
10 Oriole…
$649,000
2 br  3 ba
34 Yarmouth Road, Wellesley MA
34 Yarmouth…
$1,599,000
6 br  3 ½ ba
190 Oakland Street, Wellesley MA
190 Oakland…
$765,000
4 br  2 ½ ba
View all Wellesley Homes for Sale
 
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Wellesley

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Nearby Cities

Cities
Median
sales price
Average
listing price
Waban
$749,000
$1,598,424
Auburndale
$610,000
$651,816
Needham
$650,000
$998,338
Weston
$1,200,000
$2,452,110
Newton
$600,000
$840,326
Natick
$344,650
$470,744
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Advice

Recent Q&A in Wellesley, MA

Q: Are any agents working with major firms willing to sell a ~$1M property in Wellesley for less than the standard 5% fee? 6 answers
Q: Wellesley building variance possibilty? 1 answer
Q: How is wellesley when it comes to accepting people from diverse backgrounds especially in school? 5 answers
Q: Hi-I'm a bit confused about the pricing of homes in Wellesley, MA. Please help. 12 answers
Q: What are the more popular neighborhoods where one can buy a home in Wellesley, MA in the $700-800K range? 6 answers

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More Advice:
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Nearby Cities Home Prices

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Wellesley Stats & Trends

  • Wellesley Real Estate Overview
  • Wellesley Schools
  • Wellesley Community Info
  • Wellesley Home Prices
  • Wellesley Real Estate
  • Wellesley Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Wellesley real estate market. Find Wellesley properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Wellesley average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Wellesley housing statistics are available for each Wellesley, MA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.