April 2018 provided a bit of a change from the trend we’ve been seeing since the start of the year. Instead of being up on all counts this year vs. last, the median price was down in April 2018 vs. April 2017. All of the other indicators were up, however. Here are the details:
Number of Sold Properties – 15 in 2018 vs. 13 in 2017
Total Market Volume – $25,002,500 in 2018 vs. 19,525,000 in 2017
Median Price – $1,300,000 in 2018 vs. $1,560,000 in 2017
Average Sale Price – $1,666,833 in 2018 vs. $1,501,923 in 2017
In terms of year-to-date sales (through April 30), our 2018 numbers continue to be up from 2017. As was the case in my last report, we’ve lost some ground on the percentage differentials again, and yet these metrics are still up significantly from last year. Here are the specifics:
Number of Sold Properties – 52 in 2018 vs. 35 in 2017 – up 49% this year (it was up 64% in last month’s report)
Total Market Volume – $106,890,499 in 2018 vs. $54,475,700 in 2017 – up 96% this year (it was up 131% in last month’s report)
Median Price – $1,658,500 in 2018 vs. $1,355,000 in 2017 – up 22% this year (it was up 34% in last month’s report)
Average Sale Price – $2,055,587 in 2018 vs. $1,556,449 in 2017 – up 32% this year (it was up 41% in last month’s report)
There weren’t any land sales in April 2018.
For more information on this or about the real estate market in Weston, Wellesley, Wayland and the surrounding towns or if you are considering selling your home, please contact me, Lisa Curlett (www.lisacurlett.com, 781-267-2844 or firstname.lastname@example.org), to answer any questions or for a complimentary home appraisal.
* These market figures are based on information provided to and compiled by Pinergy/MLS Property Information Network, Inc., and do not include sales information on non-MLS transactions.