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Wellesley Foreclosure Numbers

Friday, May 31, 2013

Wellesley Home Sales Down from Last Year

There were 17 home sales in April compared to 32 in April 2012.

  Wellesley single-family home sales are still below last year’s numbers, andsale prices have risen steeply so far in 2013. The town saw 17 home sales in April compared to 32 in April 2012. So far in 2013, there have been 38 home sales in Wellesley, which is an decrease from 51 over the first four months of 2012. (See how Wellesley compares to Norfolk County and the commonwealth on the chart at the bottom of the article.) “While the lack of homes to buy over the past several months kept closed sales down, the surge in the number of new listings to hit the market in April is an optimistic sign,” said 2013 Massachusetts Association of Realtors President Kimberly Allard-Moccia, broker-owner of Century 21 Professionals in Braintree. “With home…

Jim K.

9:35 am on Monday, June 10, 2013

If this data is 100% accurate then I guess I am surprised. I though homes were selling better than the past 5 years. Though looking at the info it is certainly clear that either home prices have gone up, or more expensive homes are being sold. Hopefully a positive sign. http://www.teriadler.com/real-estate-wellesley-ma/   more ›

Wednesday, February 6, 2013

Completed Wellesley Foreclosures Drop in 2012

Although the number of completed foreclosures dropped, Wellesley saw more people start the foreclosure process in 2012 compared to 2011.

  Along with an 24 percent increase in home sales in 2012, the total number of completed foreclosures in Wellesley saw a decrease compared to last year, according to statistics gathered by the Warren Group, the Boston-based real estate and banking information publishers for New England. At the end of 2012, Wellesley had a total of 5 foreclosure deeds, a 16 percent drop from the 6 completed in 2011. Foreclosure deeds represent a completed foreclosure, according to the Warren Group press release. Wellesley saw a bigger drop in foreclosure auctions in 2012, dropping 40 percent from 20 total auctions in 2011 to 12 auctions in 2012. Although the completed foreclosures dropped in 2012, Wellesley's foreclosure petitions, saw a small increase. At …

Wednesday, January 30, 2013

Wellesley Home Sales Up 24 Percent from Last Year

Figures from the Warren Group compare Dec 2011 to Dec 2012.

  At the end of 2012, figures show that single-family home sales have increased in Wellesley by 24 percent over the same 12 month period in 2011, according to statistics gathered by the Warren Group, the Boston-based real estate and banking information publishers for New England. By the end of December, 31 single-family homes were sold in Wellesley, 6 more than those sold by the end of December 2011.   According to the press release, overall Massachusetts home sales rose 18 percent in December. The total number of homes sold statewide were 46,887, an increase from 39,594 home sales in 2011. The release says this is the highest number of recorded since 2006 with 50,724 sales.  Sales soared, and median prices for single family homes in also …

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