Back To Blog

Local Market Update for Wellesley, MA

tech

Comparing the months of January 2014 and January 2015 in Wellesley, MA, we see that the number of closed sales of single-family homes has decreased by 14.3% and the average sales price has increased by 14.7%. The number of days homes in Wellesley have stayed on the market increased by 71.8% and the number of new listings in the area decreased by 25%. The number of closed sales of condominiums in Wellesley has increased by 100% while the average sales price decreased by 28.1%. These condos stayed on the market longer than last year, with an increase of 134.4%. The number of new listings decreased by 100%.. As for change in average sales price from the past years, Wellesley has not followed trends of all MLS. This can be seen in the graphs below.