This post was contributed by a community member. The views expressed here are the author's own.

Neighbor News

Real Estate Report: 11 Houses Under Agreement, 83 On the Market

Pinnacle Report for Wellesley Real Estate 1/30/17 - 2/06/17

Elaine Bannigan of Pinnacle Residential Properties. This report is based on real estate information provided to and compiled by MLS Property Information Network.

In the period since 1/30/17 - 2/06/17, ten single family homes were introduced to the market and eleven sold. The absorption rate at the high end has increased considerably – we’re down to 20 houses over $3M (there were 35 right after Labor Day). There are 83 single family homes for sale remaining.

For the latest, weekly Wellesley Real Estate activity click here to read the Pinnacle Report.

Find out what's happening in Wellesleyfor free with the latest updates from Patch.

The views expressed in this post are the author's own. Want to post on Patch?