Health & Fitness
Pinnacle Report for Wellesley Real Estate -- 9/09/2013-9/16/2013
This Pinnacle Report for Wellesley, MA is written by Elaine Bannigan of Pinnacle Residential Properties. This report is based on real estate information provided to and compiled by MLS Property Information Network, Inc.
Since September 9th, seven single family properties came on the market and four sold. As of September 16th, there are 93 properties remaining – (versus 107 properties last year). Supply has increased the last several weeks as it usually does at this time of year. By mid-November we should expect an inventory drop. Buyers will conclude that no additional houses are likely to come on the fall market and make a choice from the existing inventory. Also, some sellers will be ‘resting’ their properties over the holidays.
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