Weston MA Homes Sold May 2018

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Another change in the metrics this month…. In May 2018, the number of sold properties and total market volume were down vis-a-vis May 2017, but the median and average sale price were both up. Here are the details:

  • Number of Sold Properties –  15 in 2018 vs. 22 in 2017

  • Total Market Volume – $25,991,317 in 2018 vs. $32,274,517 in 2017

  • Median Price – $1,570,000 in 2018 vs. $1,356,009 in 2017

  • Average Sale Price – $1,732,754 in 2018 vs. $1,467,024 in 2017

In terms of year-to-date sales (through May 31), our 2018 numbers continue to be up from 2017. And again – as has been the case since March – we’ve lost ground on the percentage differentials. 2018 is still up across the board from 2017 but the gaps are lessening. That being said, we’re heading into the summer months, which are typically the strongest for sales, so we’ll see how the the metrics progress and change. Here are the specifics:

  • Number of Sold Properties –  67 in 2018 vs. 57 in 2017 – up 18% this year (it was up 49% in last month’s report)

  • Total Market Volume – $132,881,816 in 2018 vs. $86,750,217 in 2017 – up 53% this year (it was up 96% in last month’s report)

  • Median Price – $1,608,000 in 2018 vs. $1,355,000 in 2017 – up 19% this year (it was up 22% in last month’s report)

  • Average Sale Price – $1,983,311 in 2018 vs. $1,521,934 in 2017 – up 30% this year (it was up 32% in last month’s report)

There weren’t any land sales in May 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 lisa.curlett@compass.com), 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.