Wellesley Real Estate Update – as of 9/21/11

If you, or someone you know, is considering buying or selling real estate in Wellesley, MA – here is some useful information about the current housing market:

Number of properties currently on the market in Wellesley:
Single Family: 168 Properties
Multi Family: 3 Properties
Land: 7 Properties

Number of new Wellesley Real Estate listings in the last month:
Single Family: 43 Properties
Multi Family: 1 Property
Land: 1 Property

Average list price for Real Estate in Wellesley over the last 6 months:
Single Family: $1,482,534
Multi Family: $1,124,333
Land: $619,967

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Wellesley Real Estate Information

Number of properties currently on the market in Wellesley:
Single Family: 155 Properties
Multi Family: 1 Property
Land: 7 Properties
Number of new Wellesley Real Estate listings in the last month:
Single Family: 31 Properties
Multi Family: 0 Properties
Land: 2 Properties
Average list price for Real Estate in Wellesley over the last 6 months:
Single Family: $1,593,645
Multi Family: $799,000
Land: $597,200

Commuting to Boston from Wellesley or Metro West

One of the biggest factors to consider for a buyers looking to purchase in Wellesley, or Metro West, is what their commute into Boston will be like.

I have had many clients make the transition from city living to buying in the suburbs west of Boston. For those that want to drive into the city, I can tell you that during the Labor Day-Memorial Day months, you need to get through the Weston Tolls (inbound) by 6:45 to avoid tapping the brakes most of the way into the city. If you are on the pike after 7:15, you are most likely going to have a bumper to bumper – slow ride in (approximately 30 minutes to get to the Brighton tolls (where a big back up will await you for getting into Cambridge). Driving the Back Bay will offer much less resistance.

Wellesley and Metro West Train Schedule