Curlett Report for Weston, MA Real Estate - January 2019

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For those of you who love market stats, here’s the January 2019 Curlett Report for Weston MA Real Estate.

We began January 2019 with 40 active* properties on the market. During the course of the next 31 days, 12 new** listings came on the market, and 9 properties went pending** (Contingent or Under Agreement). We ended the month with 46 listings, an average list price of $3,284,539, and an average days on market (DOM) of 185.

Looking back a year, January 2018 began with 48 active* properties on the market. During the course of the month, 17 new** listings came on the market, and 16 properties went pending**. We ended the month with 52 listings, an average list price of $3,442,353, and an average DOM of 201.

To summarize a few key points:

  • Our inventory in January this year was less than what it was last year - both at the beginning and at the end of the month. We have been seeing this trend for the past several months. From last year, we were down 17% at the start of the month and down 12% at the end of the month.

  • In January 2019, we netted out the month with a 15% increase in inventory (40 to 46 properties), and in January 2018, there was a 8% rise in inventory (48 to 52 listings). These percentage increases are typical for the month of January as sellers begin to put their homes on the market as the Spring market starts to get into gear.

  • Our average list price was down 5% at the end of this January vs. last January ($3,284,539 vs. $3,442,353). The average DOM was down 8% this January vs. last (185 vs. 201 days).

  • This year we had less new and pending activity in January than we did last year. In January 2019, there were 12 new and 9 pending properties, whereas in January 2018, there were 17 new and 16 pending properties. So the number of new listings was down 29% and pendings were down 44% this year from last. This January, the new inventory was more skewed toward the higher end (above $2M) than it was last year. Specifically this year, 42% of the new listings were priced below and 58% were priced above $2M. Last year, those numbers were almost exactly flipped - 59% of the new listings were priced below and 41% were priced above $2M. In terms of the pending listings, the majority were priced below $2M this January and last, though much more strikingly this year (89% in 2019 vs. 69% in 2018).

Click here to see all of the details of the new, pending and remaining activity in January 2019 and 2018.

For more information about the real estate market in WestonWellesleyWayland 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 lisa.curlett@compass.com), to answer any questions or for a complimentary home appraisal.


* Active properties do not include condominiums, land listings or properties listed multiple ways on MLS. 

** New listings do not include those re-listed within 60 days, and pending listings do not include those that were previously reported as pending in the last 60 days but came back on the market because the deal fell through.  



Curlett Report for Weston, MA Real Estate - December 2018

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For those of you who love market stats, here’s the December 2018 Curlett Report for Weston MA Real Estate.

We began December 2018 with 56 active* properties on the market. During the course of the next 31 days, 2 new** listings came on the market, and 5 properties went pending** (Contingent or Under Agreement). We ended the month with 41 listings, an average list price of $3,220,632, and an average days on market (DOM) of 231.

Looking back a year, December 2017 began with 63 active* properties on the market. During the course of the month, 3 new** listings came on the market, and 12 properties went pending**. We ended the month with 48 listings, an average list price of $3,391,922 and an average DOM of 231.

To summarize a few key points:

  • As was the case in October and November, our inventory in December this year was less than what it was last year - both at the beginning and at the end of the month. From last year, we were down 11% at the start of the month and down 15% at the end of the month.

  • In December 2018, we netted out the month with a 27% decrease in inventory (56 to 41 properties), and similarly in December 2017, there was a 24% decline in inventory (63 to 48 listings). These percentage declines are typical for the month of December given that the holidays are in full swing and most people do not have buying (especially) and selling homes top of mind.

  • Our average list price was down 5% at the end of this December vs. last December ($3,220,632 vs. $3,391,922). Interestingly in November 2018, it was up 4% from November 2017. The average DOM was the same this December and last (231 days).

  • This year we had slightly less new and significantly less pending activity in December than we did last year. In December 2018, there were 2 new and 5 pending properties, whereas in December 2017, there were 3 new and 12 pending properties. So the number of new listings was down 33% and pendings were down 58% this year from last. This December, of the two new listings, one was priced in the mid $1Ms and the other was priced in the low $3Ms. Whereas last December, the new listings were skewed a bit more toward the high end as they were all priced at $2.5M or more. In terms of the pending listings. while this December 60% were priced at or above $2.5M, last December 50% were priced at or above $2.5M

Click here to see all of the details of the new, pending and remaining activity in December 2018 and 2017.

As we enter the new year, we watch with baited breath to see what and how the real estate activity of 2019 will be. Will it be a stronger or softer year than 2018? Will it be a buyer’s or seller’s market or a combination of the two? Will interest rates go up? I could go on and on with an endless list of questions and thoughts…. The bottom line is that I’m excited to see what the 2019 real estate market brings, AND I’m wishing you peace, health, love, prosperity, happy times and lots of fun in the New Year! Cheers!

For more information about the real estate market in WestonWellesleyWayland 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 lisa.curlett@compass.com), to answer any questions or for a complimentary home appraisal.


* Active properties do not include condominiums, land listings or properties listed multiple ways on MLS. 

** New listings do not include those re-listed within 60 days, and pending listings do not include those that were previously reported as pending in the last 60 days but came back on the market because the deal fell through.  

Curlett Report FOR WESTON, MA REAL ESTATE - November 2018

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For those of you who love market stats, here’s the November 2018 Curlett Report for Weston MA Real Estate.

We began November 2018 with 78 active* properties on the market. During the course of the next 30 days, 4 new** listings came on the market, and 10 properties went pending** (Contingent or Under Agreement). We ended the month with 58 listings, an average list price of $3,087,621, and an average days on market (DOM) of 200.

Looking back a year, November 2017 began with 82 active properties on the market. During the course of the month, 5 new listings came on the market, and 15 properties went pending. We ended the month with 63 listings, an average list price of $2,962,907 and an average DOM of 220.

To summarize a few key points:

  • Our inventory in November this year was less than what it was last year - both at the beginning and at the end of the month. From last year, we were down 5% at the start of the month and down 8% at the end of the month.

  • In November 2018, we netted out the month with a 26% decrease in inventory (78 to 58 properties), and similarly in November 2017, there was a 23% decline in inventory (82 to 63 listings). These percentage declines are typical for the month of November given that buyers and sellers are in prime holiday mode especially as the month ends.

  • Our average list price was up 4% this November vs. November 2017 ($3,087,621 vs. $2,962,907), and average DOM was down 9% (200 vs. 220).

  • This year we had less new and pending activity in November than we did last year. In November 2018, there were 4 new and 10 pending properties, whereas in November 2017, there were 5 new and 15 pending properties. So the number of new listings was down 20% and pendings were down 33% this year from last. In November 2018, our new listings were either below $1M (2) or above $3M (2), whereas last year, the majority of the new listings (3) were priced between $1M and $2M. And both this year and last, the majority of the pending listings were priced between $1M and $2M. There has been talk of a softening of the market, and these lower numbers this year from last may be an indication of that. However, the Fall market is always slower than the Spring, and so we’ll anxiously await the new year to see what kind of activity it brings.

  • In terms of the remaining properties, there were slightly more properties priced below $1M and above $3M this year from last and slightly less listings priced between $1M and $3M.

Click here to see all of the details of the new, pending and remaining activity in November 2018 and 2017.

For more information about the real estate market in WestonWellesleyWayland 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 lisa.curlett@compass.com), to answer any questions or for a complimentary home appraisal.


* Active properties do not include condominiums, land listings or properties listed multiple ways on MLS. 

** New listings do not include those re-listed within 60 days, and pending listings do not include those that were previously reported as pending in the last 60 days but came back on the market because the deal fell through.