Pinnacle Report for Wellesley, MA Real Estate — 02/09/2009-02/16/2009

Since February 9th seven single family houses were introduced to the market while three sold (one was from the new inventory).  We did have a sale of a property listed for over $2.5M this week as did Weston. Right now, there are many people looking at houses, but buyers are very circumspect when it comes to making the purchasing decision. As of February 9th, there are 117 houses on the market compared to 98 this time last year. 

                                Single Family Activity

  New Since 02/09 Sold* Since 02/09 Remaining as of 02/16
< -$ 600,000

0

0

 9

$ 600,000 – $ 800,000

1

1

13

$ 800,000 – $1,000,000

0

1

 7

$1,000,000 -$1,500,000

2

0

26

$1,500,000 -$2,000,000

2

0

16

$2,000,000 -$2,500,000

0

0

11

$2,500,000 -$3,000,000

0

1

 9

$3,000,000 plus

2

0

26

*sold here means “pending/under agreement” and not yet closed.

Contact Pinnacle today, (781) 237-5000, for the best in real estate service, knowledge and experience. Click here, www.PinnacleHouses.com, for a complimentary search of the MLS and access to all homes currently on the market in Wellesley, Weston, Needham and surrounding communities.

Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period 02/09/09 – 02/16/09.

Contributed by Vicent Spoto
vspoto@pinnaclehouses.com
| Office Phone: 781-237-5000
http://www.pinnaclehouses.com

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One Response to “Pinnacle Report for Wellesley, MA Real Estate — 02/09/2009-02/16/2009”

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