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