Pinnacle Report for Wellesley, MA Real Estate 01/04/2010 – 01/11/2010

Since January 4th, five single family houses were introduced and four sold. As of January 11th, there are 99 single family properties remaining for sale.  The high concentration of inventory in the $1M to $2M ranges ( over 90) that we had for much of 2009 is down to just 35 remaining houses.  Many buyers are waiting to see what fresh inventory is coming on this Spring.

Single Family Activity

New Since 01/04 Sold* Since 01/04 Remaining as of 01/11
< -$ 600,000

1

2

11

$ 600,000 – $ 800,000

1

0

14

$ 800,000 – $1,000,000

0

0

4

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

2

2

20

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

1

0

15

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

0

0

9

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

0

0

4
$3,000,000 plus

0

0

22

*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 real estate listings where you will have 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 01/04/09 – 01/11/10

Contributed by Pinnacle Team
edrasser@pinnaclehouses.com
| Office Phone: 781-237-5000

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