Wellesley market update for The Fells Neighborhood….
December 28, 2012 Leave a comment
Click to view…
Information about buying, selling and living just west of Boston ~ Written by Brad Hartz of Hammond Residential Real Estate ~ www.BradHartz.com ~ 617.901.4842 (direct) ~ Brad@BradHartz.com
December 28, 2012 Leave a comment
Click to view…
Filed under Miscellaneous Posts, Relocation to Metro West, Wellesley Homes For Sale Tagged with buying a house in wellesley, buying in wellesley, homes for sale in Wellesley, homes in wellesley ma, the fells wellesley ma, wellesley homes for sale, Wellesley ma real estate, wellesley mls listings, wellesley real estate
February 10, 2012 Leave a comment
View Wellesley Homes Currently Listed for Sale
Filed under Upsizing to a larger house Tagged with buying in wellesley ma, c ondos in Wellesley m, finding a house in Wellesley, finding a real estate agent in wellesley ma, finding a Wellesley ma real estate agent, homes for sale in Wellesley, homes in wellesley ma, houses in wellesley ma, luxury wellesley ma condos, luxury wellesley ma home, new wellesley ma condos for sale, new wellesley ma houses for sale, selling a condo in wellesley ma, selling a house in wellesley ma, selling in Wellesley MA, Wellesley home sales, wellesley ma condo listings, wellesley ma condos for sale, wellesley ma home listings, wellesley ma homes for sale, wellesley ma listings, wellesley ma mls condo listings, wellesley ma mls listings, Wellesley ma real estate, wellesley real estate, Wellesley real estate agent, wellesley real estate ma
December 15, 2011 Leave a comment
Number of properties currently on the market in Wellesley:
Number of new Wellesley Real Estate listings in the last month:
Average list price for Real Estate in Wellesley over the last 6 months:
Filed under Miscellaneous Posts Tagged with buying in wellesley ma, condos in wellesley m, finding a real estate agent in wellesley ma, finding a Wellesley ma real estate agent, homes for sale in Wellesley, homes in wellesley ma, houses in wellesley ma, luxury wellesley ma condos, luxury wellesley ma home, new wellesley ma condos for sale, new wellesley ma houses for sale, selling a condo in wellesley ma, selling a house in wellesley ma, selling in Wellesley MA, wellesley ma condo listings, wellesley ma condos for sale, wellesley ma home listings, wellesley ma homes for sale, wellesley ma listings, wellesley ma mls condo listings, wellesley ma mls listings, Wellesley ma real estate, wellesley real estate ma
November 10, 2011 Leave a comment
Number of properties currently on the market in Wellesley:
Single Family: 176 Properties
Multi Family: 3 Properties
Land: 7 Properties
Number of new Wellesley Real Estate listings in the last month:
Single Family: 22 Properties
Multi Family: 1 Property
Land: 1 Property
Average list price for Real Estate in Wellesley over the last 6 months:
Single Family: $1,494,446
Multi Family: $809,000
Land: $646,300
Filed under Miscellaneous Posts Tagged with buying in wellesley ma, c ondos in Wellesley m, finding a house in Wellesley, finding a real estate agent in wellesley ma, finding a Wellesley ma real estate agent, homes for sale in Wellesley, homes in wellesley ma, houses in wellesley ma, luxury wellesley ma condos, luxury wellesley ma home, new wellesley ma condos for sale, new wellesley ma houses for sale, selling a condo in wellesley ma, selling a house in wellesley ma, selling in Wellesley MA, Wellesley home sales, wellesley ma condo listings, wellesley ma condos for sale, wellesley ma home listings, wellesley ma homes for sale, wellesley ma listings, wellesley ma mls condo listings, wellesley ma mls listings, Wellesley ma real estate, wellesley real estate, Wellesley real estate agent, wellesley real estate ma
September 21, 2011 Leave a comment
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
Filed under Relocation to Metro West, Selling a home, Upsizing to a larger house Tagged with buying a house in wellesley, buying in wellesley ma, commuting to Boston from Framingham, commuting to Boston from Wellesley, finding a real estate agent in wellesley ma, finding an agent in Wellesley, homes for sale in Wellesley, homes in wellesley ma, houses in wellesley ma, luxury wellesley ma home, new wellesley ma houses for sale, newton real estate, selling a house in wellesley ma, wellesley homes for sale, wellesley ma home listings, wellesley ma homes for sale, wellesley ma listings, wellesley ma mls listings, wellesley real estate, wellesley real estate ma
August 4, 2011 Leave a comment
EASTERN MASSACHUSETTS HIGH END MARKET ACTIVITY
Single-Family House Sales: Greater Boston
In June of this year, 212 single-family homes conveyed in Eastern Massachusetts (excluding the Cape and Islands and towns west of Worcester County) priced over $1 million and this was 9 fewer than the same month last year — a 4% decline. The market for million dollar homes is still in recovery, but it remains unclear if we will achieve the peak levels of a few years ago. (For comparative purposes, there were 174 million closings in June 2008 versus 212 this year.)
On a year-to-date basis for the year 2011, 16 more single-family homes have sold over $1 million than the same six months of 2010, for an increase of 2.7%. Last year, the market absorbed 602 million dollar homes between January and June; the comparable number in 2011 is 618 (and only 385 in 2009).
As sellers contemplate putting their luxury homes on the market this summer or for the fall market, they need to be aware of the imbalance between supply and demand (much more supply than demand) and the skittishness of potential buyers at the high end of the market.
The $2,000,000 to $2,999,999 price segment is also recovering, but it is a much more thinly-traded market than many sellers realize. Sales in this price band account for only 77 of 405 million dollar plus properties conveyed. This is just 12% of the entire million dollar market!
On a year-to-date basis, 7 more single-family homes have sold between $2,000,000 and $2,999,999 than the same six months of 2010, for an increase of 13%.
Single-Family House Sales: Statewide
While 80 towns are represented in the 664 closed sales over $1 million for the first six months of 2011, the data are skewed towards the more popular communities. The top 5 towns ( Newton , Wellesley , Brookline , Boston , and Lexington ) account for over 43% of the closed million dollar sales. As was true all year last year — with the exception of Barnstable on Cape Cod — there is a heavy concentration of sales in this price range in the towns with the closest proximity to the City of Boston.
Some other statistics for this market segment:
— The average price for a single-family sold over $1 million so far in 2011 is $1,656,218
— The average house in this price range had approximately 11 rooms and 5 bedrooms
— On average, these houses sold at 93.75% of their original listing price — underscoring yet again the importance of accurate pricing in today’s market. Listings priced too far over market value are not selling.
For the state as a whole, million dollar single-family sales in the first six months of 2011 exceeded the same period of last year by 5.4%. The top 10 towns for million dollar sales were up over 7% during the same period. With the exception of Weston , Lexington, Needham, and Cambridge, 6 of the top 10 towns were either flat or up.
Condominium Sales: Statewide
12 cities and towns are represented in the 208 closed sales for the first half of 2011, but Boston alone accounts for 77% of the closed million dollar condo sales.
Some other statistics for this market segment:
— The average price for a condo sold over $1 million in calendar 2011 was $1,833,154. (Interestingly, this is higher than the average sales price for a million-dollar single-family home in the same time period: $1,656,218.)
— The average condo in this price range had 6 rooms and approximately 3 bedrooms
— On average, these condos sold at 94.87% of their original listing price — underscoring yet again the importance of accurate pricing in today’s market. Condos priced over the market simply aren’t selling.
The comparison for the first six months of 2011 versus 2010 is somewhat deceptive because of sales at 400 Stuart Street (The Clarendon). In the first 6 months of 2010, in the first wave of occupancy, 23 units closed at the building versus 16 in the same period of 2011.
Filed under Miscellaneous Posts, Relocation to Metro West, Selling a home Tagged with Brookline MA listings, brookline ma real estate, buying a house in needham ma, buying in brookline MA, buying in wellesley ma, finding a brookline ma real estate agent, finding a needham ma real estate agent, finding a real estate agent in wellesley ma, homes in wellesley ma, houses in wellesley ma, luxury wellesley ma home, needham ma homes for sale, needham ma listings, new wellesley ma houses for sale, newton ma homes for sale, newton ma listings, newton ma real estate, selling a house in brookline ma, selling a house in wellesley ma, selling in Brookline MA, selling in needham ma, wellesley ma home listings, wellesley ma homes for sale, wellesley ma listings, wellesley ma mls listings, wellesley real estate ma
August 2, 2011 Leave a comment
This is the single family update for the Q2 in Massachusetts
Filed under Relocation to Metro West, Selling a home, Upsizing to a larger house Tagged with Brookline MA listings, brookline ma real estate, buying a house in needham ma, buying in brookline MA, buying in wellesley ma, finding a brookline ma real estate agent, finding a needham ma real estate agent, finding a real estate agent in wellesley ma, homes in wellesley ma, houses in wellesley ma, luxury wellesley ma home, needham ma homes for sale, needham ma listings, new wellesley ma houses for sale, newton ma homes for sale, newton ma listings, newton ma real estate, selling a house in brookline ma, selling a house in wellesley ma, selling in Brookline MA, selling in needham ma, wellesley ma home listings, wellesley ma homes for sale, wellesley ma listings, wellesley ma mls listings, wellesley real estate ma