Posted on October 18, 2012
For those of you who love market stats*…click here – Weston MA Homes Sold October 1-15 2012 – to see information on the single-family homes that sold/closed in the first half of October 2012 in Weston, MA.
Our numbers were up across the board for this two-week time period in 2012 vs. the same time frame in 2011. Four properties sold in these two weeks vs. three last year, and once again, this ultimately resulted in a market volume that was almost 2.4 times higher this year ($5,530,000 in 2012 vs. $2,340,000 in 2011). The median and average sale price were significantly higher for these two weeks than the same two weeks last year. Specifically, the median price for the first two weeks of October 2012 was $1,097,500 vs. $615,000 in 2011, and the average sale price was $1,382,500 for these two weeks vs. $780,000 for the same two weeks last year.
In terms of our year-to-date numbers (through October 15), the positive trends that we have been seeing since June 2012 continue. Our number of sold properties is 33% higher (118 thus far in 2012 vs. 89 looking at the same time frame in 2011), and our market volume is up by 35% ($176,422,510 in 2012 vs. $131,139,594 in 2011). The median price is higher too – $1,311,500 in 2012 vs. $1,139,000 in 2011. And again, the average sale price is higher thus far this year but not significantly – $1,495,106 in 2012 vs. $1,473,479 in 2011. We hope this healthy activity continues for the remaining weeks of the Fall market.
There weren’t any land sales in the first two weeks of October 2012.
As always, I hope you enjoy this analysis, and please let me know if you have an interest in learning more about other market stats so I can provide this additional data for you. Also for more information about the real estate market in Weston, Wellesley, Wayland and the surrounding towns or if you are considering selling your home, please contact me, Lisa Curlett (781-267-2844 or www.homesalesbylisa.com), to answer any questions or for a complimentary home appraisal.