Here are the Weston MA Homes Sold in October 2018. As you’ll see from the report, it was a strong month of sales. And so it’s not a surprise that all of the metrics were up in October 2018 vs. October 2017. But that was not the case last month when the exact opposite happened, and all of the numbers in September 2018 were down vis-a-vis those in September 2017. Here are the details for October 2018 vs. October 2017:
Number of Sold Properties – 11 in October 2018 vs. 7 in October 2017
Total Market Volume – $27,767,500 in October 2018 vs. $12,086,000 in October 2017
Median Price – $1,640,000 in October 2018 vs. $1,500,000 in October 2017
Average Sale Price – $2,524,318 in October 2018 vs. $1,726,571 in October 2017
In terms of year-to-date sales (through October 31), because of our strong October 2018 results, all of the metrics were up except for number of sold properties when compared to 2017. The sale of 2 Laxfield for $9,200,000 certainly influenced the figures. Furthermore, given the strong October sales numbers, we see a mostly positive uptick in our percentage differentials since last month. Here are the specifics:
Number of Sold Properties – 138 in 2018 vs. 155 in 2017 – down 11% this year (it was down 14% in last month’s report)
Total Market Volume – $266,994,466 in 2018 vs. $264,868,242 in 2017 – up 1% this year (it was down 5% in last month’s report)
Median Price – $1,580,000 in 2018 vs. $1,435,000 in 2017 – up 10% this year (it was up 11% in last month’s report)
Average Sale Price – $1,934,743 in 2018 vs. $1,708,827 in 2017 – up 13% this year (it was up 10% in last month’s report)
There was one land sale in October 2018 - 0 Conant Road (on the corner of Colchester Road) comprising 1.05 acres sold for $726,000.
For more information about the real estate market in Weston, Wellesley, Wayland and the surrounding towns or if you are considering buying or selling your home, please contact me, Lisa Curlett (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.