Wellesley Real Estate Market Continues Downward Trend in Home Sales

Over the last 30 days, 20 homes were sold in the Wellesley market, up 33.3%. However, the market is still in a determined downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Prices are falling in Wellesley, and this period the median price of all sales fell from $1,560,000 to $1,457,500. Wellesley is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.

If you are curious about inexpensive homes in Wellesley, start off by checking out these great listings:

$525K   $585K   $699K  

Get started right now by checking out Wellesley homes for sale or reviewing Wellesley real estate trends.

Demographic facts about Wellesley:

  • The population growth rating is 47. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 498.5 for every 100,000 people.
  • The health cost index score in this area is 119.4. (100 = national average)
  • 62.8% of the residents travel to work in an automobile, 3.7% via carpool, and 9.5% by way of public transit.

Data reported through 10/12/2016

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Realty Executives Boston West
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Austin H. Curran Real Estate
Snapped 1 home in this area
Coldwell Banker Residential Brokerage - Wellesley - Central St.
Snapped 8 homes in this area

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