Market Report Wellesley, Massachusetts
Single Family Homes Y e a r E n d 2 0 12
Wellesley Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2012 Number of Range Listing Sold 1-2 Bed $155,000 - $582,750 13 3 Bed $345,000 - $1,230,000 110 4 Bed $365,000 - $3,724,000 134 5 Bed $301,000 - $4,600,000 75 6 Bed $775,000 - $4,756,000 23 7+ Bed $740,000 - $3,650,000 5
Days on the Market 74 82 99 199 186 47
Average Sale Price $ 397,596 $ 688,919 $ 1,159,931 $ 1,754,967 $ 2,088,886 $2,279,000
Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
% Change 11.062% 9.116% -6.115% 8.876% 7.946% -14.561% -4.183% 13.015% -5.010%
Number of Listing Sold 330 384 361 357 338 271 267 304 283 360
Days on the Market 92 71 93 129 105 107 118 124 133 118
Average Sale Price $ 1,010,341 $ 1,122,104 $ 1,224,400 $ 1,149,534 $ 1,251,572 $ 1,351,022 $ 1,154,302 $ 1,106,015 $ 1,249,963 $ 1,187,340
$1,351,022 $1,251,572 $1,249,963 $1,224,400 $1,187,340 $1,154,302 $1,149,534 $1,122,104 $1,106,015 $1,010,341
2003
2004
2005
2006
Source: MLSPIN, as of 01/23/2013
2007
2008
2009
2010
2011
2012
Market statistics
Total Sold - Wellesley, MA Single Family Homes, 1/1/2012 - 12/31/2012
# of
Price Range $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999 $4,000,000 - $4,999,999
Total Properties
Avg. Days on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
1 0 1 4 9 7 4 26 40 46 28 21 85 49 15 12 8 4
29 0 130 100 183 110 163 80 86 78 65 73 103 168 225 281 171 338
$155,000 $0 $275,000 $325,250 $372,111 $419,286 $482,250 $554,542 $655,308 $748,694 $846,446 $948,701 $1,232,119 $1,710,995 $2,220,233 $2,681,250 $3,362,700 $4,464,000
$199,000 $0 $309,900 $376,000 $395,200 $434,686 $504,475 $570,877 $680,998 $773,054 $872,463 $984,276 $1,299,223 $1,796,608 $2,400,733 $2,884,833 $3,569,250 $4,709,725
78 0 89 87 94 97 96 97 96 97 97 97 95 96 93 93 95 95
$199,000 $0 $309,900 $397,000 $407,978 $467,557 $554,225 $587,438 $704,608 $796,326 $887,000 $1,006,371 $1,342,294 $1,864,243 $2,502,733 $3,014,167 $3,901,250 $4,821,000
78 0 89 83 92 91 88 95 93 94 96 95 93 92 89 89 88 93
360
118
$1,187,340
$1,249,617
96
$1,297,125
93
Source: MLSPIN, as of 01/23/2013
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