Luxury Real Estate in Wellesley, MA

There are a multitude of million dollar homes for sale in Wellesley, MA.

Located a mere 30-minute drive from central Boston, this quiet suburb is characterized by beautiful, spacious homes set amid quiet, peaceful forest. Boston is a mere train ride away on the comfortable MBTA commuter train service. The Wellesley town center has all the charm of the traditional American main street. This walkable district is lined with both interesting specialty shops, like the veritable Wellesley Booksmith, and daily services including banks, pharmacies, and even a tailor.

Wellesley is home is many educational institutions. Wellesley High School is known for its superb recreational facilities. Babson College offers residents a quality, local education and offers such amenities as the MacDowell soccer field and the Babson Skating Center. Wellesley is also serviced by Interstate 90 and Interstate 95 which make for quick and easy trips within the Boston metropolitan area. It is in close proximity to other, larger townships like Framingham, Natick, Needham, and Waltham. For the outdoorsman, ample opportunities to commune with nature exist at Lake Waban, Morses Pond, and the Ridge Hill reservation. For the more refined, there are several golf courses.

A visit to Wellesley will illustrate its well-earned reputation as the best place to raise a family in the Boston area to visit today!

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Wellesley MA Real Estate

You will most quickly fall in love with the stunning homes for sale in Wellesley, MA!

Home to 27,000 residents and with a history spanning more than 350 years, Wellesley offers a wide array attractions, including many famous historical sites such as the Wellesley Clock Tower. Because of its close proximity to Boston, there are several transportation options available for commuters, and the public transportation in Wellesley is clean and comfortable!

Education is a big feature of Wellesley, with several public elementary schools available to students as well as the Wellesley Middle School and High School. Wellesley College plays a huge role in the community as well - its campus offers a botanical garden and arboretum containing over 1,000 species of plants. The college also boasts 500 acres of scenic land open for community recreation. It also hosts the Davis Museum, which offers several exhibitions each year and, of course, a host of permanent collections. Wellesley is also very close to the famed Harvard University!

If you have sought out a college town atmosphere with a rich history and culture all its own then Wellesley, MA is definitely the place for you!

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Wellesley, MA Single Family Housing Report November 2011 had a larger number of homes in the market than either Weston or Wayland. This isn’t entirely a surprise it is a larger community. The Average Days on Market (DOM) went up, but that is happening all over this area right now. With the media spewing as much conflicting information as possible it has buyers and sellers confused. Consumer confidence is also an issue, it is hard to know what to believe. The truth is that the market has been fairly stable. The slight ups and downs are the part of a normal market. Let’s get to the numbers.

Single Family Active Listings: 128 Avg. Liv.Area SqFt: 3,946.69 Avg. List$: $1,778,298 Avg. List$/SqFt: $429 Avg. DOM: 171.57

Single Family Under Agreement Listings: 12 Avg. Liv.Area SqFt: 2,540.25 Avg. List$: $865,725 Avg. List$/SqFt: $342 Avg. DOM: 94.00

Single Family Sold Listings: 12 Avg. Liv.Area SqFt: 3,081.00 Avg. List$: $1,095,083 Avg. List$/SqFt: $357 Avg. DOM: 83.58 Avg. Sale$: $1,012,667 Avg. Sale$/SqFt: $337

The List Price to Sales Price is still at a “not too bad” area of 92%. The averages in the sales price to square footage, to me, is an odd statistic. No two homes are the same and looking at them only on the basis of their square footage price is not something I think is relevant unless you are a builder or developer. They will all have differing amenities and neighborhoods that would have to be considered. What is interesting in the above is the fact that the homes Under Agreement went under agreement in under 100 days meaning they were priced to sell. Next month we will see if that shows the List Price to Sales Price going up or down.

Single Family Expired Listings: 16 Avg. Liv.Area SqFt: 3,689.53 Avg. List$: $1,420,119 Avg. List$/SqFt: $382 Avg. DOM: 305.06

Single Family Canceled Listings: 15 Avg. Liv.Area SqFt: 3,247.73 Avg. List$: $1,374,533 Avg. List$/SqFt: $411 Avg. DOM: 197.93

YIKES, 305 for the DOM for Expired listings. Time for a new agent. If in almost a year of not selling and the agent hasn’t either marketed the property correctly or gotten the owner to understand their price was too high indicates a breakdown. You can see that the list price to square footage price is way out of line from the Solds, so that could be the issue. The canceled listings have the same issue.

Vintage Homes in Wellesley, MA

There is much to be said about vintage houses for sale in Wellesley, MA. This beautiful suburb of Boston has an spectacular eighteenth century feeling that you will soon find to be so relaxing and engaging that you will never want to leave. With literally hundreds of historically important homes for sale, anyone looking for this unique beauty will have no trouble finding it here.

There is plenty for the entire family to enjoy, including the Davis Museum and Cultural Center, which has a multitude of art displays and shows located on the Wellesley College campus. There is the Walter Hunnewell Arboretum to enjoy with over five hundred species of plants in fifty three families including a world renowned topiary garden. The Elm Bank Horticulture Center is another location for seeing wowing plants. The world famous Wellesley Players produces theater that should not be missed.

Wellesley, MA, the ability to enjoy today’s luxury and attractions in a historic and vintage atmosphere!

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