Wellesley Market at a Glance — Weekly Snapshot
As of this week, Wellesley’s real estate market continues to show signs of both opportunity and selectivity:
-
38 single-family homes are currently on the market (ranging from $899,000 to $9,250,000)
-
5 homes went under agreement in the past 7 days
-
These properties averaged approximately three weeks on market before receiving an offer
-
-
12 condominiums are actively listed, priced from $725,000
This indicates a market that, while still active, requires strategic pricing and positioning to attract buyers efficiently — especially as higher-end listings take longer to move.
Quarter-over-Quarter Comparison: Q2 2025 vs. Q2 2024
Taking a step back and evaluating the broader trends through the Q2 2025 lens reveals some key shifts in Wellesley’s single-family home market:
Inventory & Activity
-
Listing inventory increased from 42 homes in Q2 2024 to 55 in Q2 2025, a 31% rise
-
The absorption rate fell from 46.83% to 40.30%, signaling slower turnover
-
Months of inventory rose from 2.14 to 2.48, suggesting more options but also more competition
Pricing Trends
-
Average list price held steady:
-
Q2 2024: $3.68M → Q2 2025: $3.66M
-
-
Average sale price dipped by $151K to $2.37M, likely influenced by price reductions and longer time on market
Time to Offer & Closing
-
Days on market increased significantly:
-
Q2 2024: 62 days → Q2 2025: 95 days
-
-
Days to offer edged up to 18 days, indicating buyer hesitation or more selective purchasing behavior
Key Takeaways for Buyers and Sellers
For Sellers:
Today’s buyers are taking more time and expecting value. Homes are sitting longer unless priced right from the start. This makes professional staging, strategic pricing, and strong digital marketing more critical than ever.
For Buyers:
While competition has softened slightly, inventory levels remain modest. The best properties are still moving quickly — particularly in the $1.5M–$3M range. With average time to offer under three weeks for recent pendings, having a buyer consultation and financing ready is key.
Final Thoughts
The Wellesley real estate market remains dynamic as we enter the late summer season. Weekly indicators show movement — but success hinges on expert guidance, accurate pricing, and thoughtful preparation. Whether you're looking to list or land your next home in this prestigious Norfolk County town, understanding both micro and macro trends will position you to win.
📩 Looking for tailored guidance in Wellesley’s evolving market? Contact Molly Campbell Palmer for a strategy session today.
