Health & Fitness
Research from Wellesley Shows It's a Seller's Market
According to research, there is more demand from Wellesley buyers than there are homes on the market, meaning your home may sell more quickly now than it would at another time.
If you're considering listing your Wellesley home for sale, now may be the ideal time to do it. According to research, there is more demand from Wellesley buyers than there are homes on the market, meaning your home may sell more quickly now than it would at another time.
These statistics are just guidelines, but they can help you understand the state of the market.
Active Sales Down Compared to 2012
Find out what's happening in Wellesleyfor free with the latest updates from Patch.
Active listings in Wellesley are significantly lower than they were at this time last year. In March 2012, there were nearly 180 single-family homes for sale. This year, there were just under 120. Because the number of listings are so few this year, homes that are put on the market receive a lot of interest from homebuyers.
Number of Homes Sold Down, Leading to Better Offers
Find out what's happening in Wellesleyfor free with the latest updates from Patch.
The lack of inventory in the Wellesley real estate market has contributed to an overall lack of home sales. In March of 2012, there were nearly 45 homes sold. However, last March, there were only about 20 home sales.
There are lots of buyers in the market ready to look at home listings and sellers are landing excellent offers on their homes. If you are interested in selling your home, you would likely receive a lot of interest and some good offers right now.
Sales Price to List Price Shows Positive Results
In Wellesley, homes have generally been selling for nearly 99 percent of the price they are listed for. There are more and more buyers competing for homes at the price they are listed at. This is good news for sellers.
Of course, things like location, condition and original list price are all factors that determine the price at which a home sells.
The Wellesley real estate market is currently very conducive to those trying to sell their home. If you are considering listing your home for sale, now may be the opportune time to do it. Research shows that it's a seller's market, so you may be able to get the best offer on your home now.
If you would like to list your Wellesley home for sale, contact Christine Norcross at 781-929-4994.
