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WELLESLEY

This page is not cluttered with historical or demographic data. That information is available elsewhere. The focus here is on the things which you might find important. Instructions for viewing Wellesley real estate listings are found at the bottom of this article...

Lake

Wellesley has been and continues to be marked with affluence and prosperity, making it a much sought after community in which to live. Wellesley has several beautiful neighborhoods that are ideal for family living, including Wellesley Lower Falls, Wellesley Farms, Wellesley Square, Wellesley Fells, and Wellesley Hillls. Wellesley contains over 1500 acres of unspoiled woodland, as well as places like Morse’s Pond and Lake Waban, where opportunities for outdoor activities abound.

Wellesley boasts a school system recognized as one of the best in the state. Forbes asked architects and designers to pick the most beautiful college campuses in the world, and Wellesley College made the cut. You can enjoy its lovely Hunnewell Arboretum and Elm Bank Horticulture Center if you want to enjoy nature at its finest. There are playgrounds, tennis courts, cross-country ski trails, and two recreational lakes. Downtown Wellesley is a mixture of fashionable shops and specialty stores. Although the town has always enjoyed the finest of beautiful lands and homes, of schools and colleges, and every advantage of government, its people are its greatest resource who donate their time for Wellesley government and civic organizations.

Enjoy wonderful summer concerts at Town Hall Green, where live music floats on the breeze. Wellesley's official web site provides links to important information, including an online database which you can access to see what value the city Assessor gives the property you are interested in buying and what its annual taxes are. Almost all properties are serviced by town sewerage systems, and all have town water.

If you have school-age children, the Wellesley Public School District is the pre-eminent school district for them. You can determine which elementary school your child(ren) will attend by locating your prospective new home's address on this map. WPS's transportation policies are outlined here.

The sWellesley Report, The Wellesley Townsman, The Wellesley Channel, and The Patch, are purveyors of local news. and, of course, there are also the Boston Globe, and the Boston Herald.

Sold Statistics for Wellesley

Single Family:
2012 - 360 sales. List Price - $1,249,617 Sale Price - $1,187,340   Market Time - 118 days
2011 - 283 sales. List Price - $1,328,627 Sale Price - $1,249,963   Market Time - 133 days
2010 - 304 sales. List Price - $1,176,499 Sale Price - $1,106,015   Market Time - 124 days

Although sales in Wellesley slipped in 2011 compared to 2010, sales in 2012 blew the doors off, showing a 27% increase in volume. Sadly, the modest increase in average sale price value in 2011 was erased with a 5% decrease in 2012.

Condominiums:
2011 - 26 sales. List Price - $598,600 Sale Price - $587,713   Market Time - 169 days
2011 - 24 sales. List Price - $612,329 Sale Price - $587,167   Market Time - 210 days
2010 - 25 sales. List Price - $625,792 Sale Price - $597,665   Market Time - 192 days

Condominium sales are not a big factor in Wellesley's real estate market. Sales volume has remained about the same for the past 3 years, as has its average sale price.

Multi-Family Listings:
2011 - 2 sales. List Price - $847,000 Sale Price - $817,500   Market Time - 71 days
2011 - 2 sales. List Price - $705,000 Sale Price - $662,500   Market Time - 135 days
2010 - 2 sales. List Price - $847,500 Sale Price - $809,500   Market Time - 71 days

Multi-family sales in Wellesley are minimal and do not really bear commenting upon.

The graphic, historical view of home sales shown below is not really accurate as it goes only through the 3Qtr of 2012; but it gives you a general picture of how things have been selling over the past 5 years.

To view all of current Wellesley real estate listings, you will need an ID which is "2322694" and the password "Jim". You can login here anonymously anytime, daily or weekly, as often as you wish. If you should see any properties you would like to view in person, give Jim a call or send a text or email indicating which properties and a couple of time frames and Jim will try to schedule you appropriately - please keep in mind that some owners and/or agents require 24-48 hrs advance notice and additionally keeping within a 30-60 minute window if they also require an accompanied showing.

Don't forget to join the Wellesley Newcomer's Club once you decide to call Wellesley home.