2021 Year End Pinnacle Report.pdf

The following data for single-family properties was extracted from the Greater Boston Multiple Listing Service and includes the majority of fair market value sales in each town. (Non-MLS sales do not necessarily represent fair market value as these are properties that were not fully exposed to the open market.)

YEAR-END MARKET COMPARISONS**

WELLESLEY

WESTON

TOTAL NUMBER OF SINGLE-FAMILY HOMES:

7,301 3,361 2021 2020 2021 2020

$ 0 -

800,000

11 18

18 40

3

5

800 - 1,000,000 1,000 - 1,500,000 1,500 - 2,000,000 2,000 - 2,500,000 2,500 - 3,000,000

14 41 30 24 20

22 46

103

101

74 57 24 42

85

37 18

42

12 29

19

3,000 +

40

48

345

180

169

Total Number:

329

Avg. Days on Market: 81 Median Sales Price: ($) 1,655,000 1,610,000 2,105,000 1,595,000 Lowest Sale: ($) 595,000 485,000 698,000 552,000 Highest Sale: ($) 10,305,000 8,750,000 10,500,000 10,900,000 Total $ Volume: ($) 645,893,583 633,674,058 433,060,800 346,476,169 32 57 64

**Sales from January 1 through December 31

Q4 2021 WELLESLEY SALE PRICES AS A PERCENTAGE OF NEW 2022 ASSESSMENTS (Averages based on town assessments as of January 2022) ON MLS OFF-MARKET

< - 1,000,000 1,000 - 1,500,000 1,500 - 2,000,000

--

106% 115% 116% 113%

121% 123% 127%

2,000 +

-- Insufficent data

Copyright 2022 Elaine Bannigan and Pinnacle Residential Properties

All Rights Reserved

Powered by