Here is the latest Pinnacle Report for Weston, MA Real Estate…. In the last two weeks in Weston, 19 single family homes came on the market and 14 sold*. This activity is taking place at a variety of price points, which is always a positive market indicator. Our inventory (78) has risen slightly since my last report (75), but it is still down significantly from this time last year (106). Properties priced above $2.5 million continue to comprise a large percentage of the inventory – nearly 40%. We hope for new listings, especially below $1.5 million, to bring a bit more stability and balance to the market.

To get the details on the market stats, please click Pinnacle Report for Weston MA Real Estate 4-29-2013-5-12-2013. And 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.

And last but not least, Happy Mother’s Day (a day late) to all Moms, StepMoms, to-be Moms and every other kind of Mom there is! We all would not be here if it weren’t for our Moms so Mother’s Day is an extra-special day. I hope your day was filled with fun, laughter, love, appreciation, caring, peace, understanding, kisses, hugs, happiness, special times and so much more….

For those of you who love following the market stats*… click here – Weston MA Homes Sold April 16-30 2013 – to see information on the single-family homes that sold/closed in the last half of April 2013 in Weston, MA.

When we look at the numbers from these last two weeks vs. the last two weeks of April 2012, we see that some of the data is up, and some is down. Here are the specifics:

• Number of Sold Properties – 4 in 2013 vs. 5 in 2012
• Total Market Volume – $4,523,393 in 2013 vs. $4,751,700 in 2012
• Median Price – $1,028,438 in 2013 vs. $875,000 in 2012
• Average Sale Price – $1,130,848 in 2013 vs. $950,340 in 2012

Shifting gears and looking at our year-to-date sales (through April 30), all of our market indicators are down. Here are the particulars:

• Number of Sold Properties – 32 in 2013 vs. 33 in 2012
• Total Market Volume – $40,801,340 in 2013 vs. $50,409,578 in 2012 – down 19% this year
• Median Price – $1,083,500 in 2013 vs. $1,260,000 in 2012 – down 14% this year
• Average Sale Price – $1,275,042 in 2013 vs. $1,527,563 in 2012 – down 17% this year

The good news is that the median and average sale price have made some gains in these last two weeks, and so these year-to-date figures are not down as significantly as they were in my last report. And thus it follows that our market volume figure has made some gains as well, especially given the almost identical number of sold properties. We hope that the rest of the Spring market and the summer months bring improved sales and performance results….

There was one land sale in the last half of April 2013 – 72 Love Lane (1.57 acres) sold for $1,150,000.

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.

* These market figures are based on information provided to and compiled by Pinergy/MLS Property Information Network, Inc.

Here is the latest Pinnacle Report for Weston, MA Real Estate…. In the last two weeks in Weston, 10 single family homes came on the market and 10 sold*. Our number of active properties (75) remains low and is down 28% from this time last year (104). We continue to see the imbalance in our inventory. There are only 17 properties on the market (23%) below $1.5 million, which is virtually the same number of properties in the price range between $1.5 million and $2 million. And the high-end properties, priced above $2.5 million, continue to constitute a large percentage of the active listings (37%). This Spring market never ceases to fascinate and amaze.

To get the details on the market stats, please click Pinnacle Report for Weston MA Real Estate 4-15-2013-4-28-2013. And 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.

And last but not least, for those of you who were lucky enough to venture to the Art in Bloom exhibit at the Museum of Fine Arts this weekend, there were four arrangements designed by garden clubs from Weston. And in honor of all of the hard work that went into producing such exquisite pieces of floral art, I am sharing with you two photos of these gorgeous displays – the first one (pictured above) by the Country Garden Club of Weston and the second one (pictured here) by the Community League Garden Club of Weston…. Cheers to these beautiful pieces of work, flowers and art – and to those who helped create them!

* New listings do not include those re-listed within 90 days, and sold means “pending/under agreement” and not yet closed.

For those of you who love following the market stats*… click here – Weston MA Homes Sold April 1-15 2013 – to see information on the single-family homes that sold/closed in the first part of April 2013 in Weston, MA.

As with my last report detailing the last half of March, all of the market data for the first two weeks of April 2013 is down in comparison to the same two weeks of April 2012. Here are the specifics:

• Number of Sold Properties – 4 in 2013 vs. 8 in 2012
• Total Market Volume – $3,645,000 in 2013 vs. $11,623,523 in 2012
• Median Price – $837,500 in 2013 vs. $1,123,762 in 2012
• Average Sale Price – $911,250 in 2013 vs. $1,452,940 in 2012

Looking at our year-to-date sales (through April 15), we also see the same year-to-date results that we did in my last report. All of our market indicators are down with the exception of the number of sold properties. Here are the particulars:

• Number of Sold Properties – 28 in 2013 vs. 28 in 2012
• Total Market Volume – $36,277,947 in 2013 vs. $45,657,878 in 2012 – down 21% this year
• Median Price – $1,083,500 in 2013 vs. $1,415,415 in 2012 – down 23% this year
• Average Sale Price – $1,295,641 in 2013 vs. $1,630,639 in 2012 – down 21% this year

The market activity has been strong – even frenetic at times – and yet the year-to-date numbers seem to defy this. But here are a few thoughts and explanations. First, we had significantly more high-end sales at this time last year than at this time this year, which has had a significant effect on the data. Last year at this time, eight properties priced at $2 million or more sold vs. two this year. Second, it could very well be that the increased market activity of the last two months will be reflected in the late spring/summer sales, and we could therefore see some big, positive changes to the data at that time. Third, perhaps this reduced inventory trend is having a negative effect on our sales numbers. With the supply so low, buyers may be choosing properties in other towns, especially those relocating to the area. We shall soon see, and in the meantime, we anxiously await what the sales figures of the next several weeks and months will bring….

There weren’t any land sales in the first half of April 2013.

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.

* These market figures are based on information provided to and compiled by Pinergy/MLS Property Information Network, Inc.

Here is the latest Pinnacle Report for Weston, MA Real Estate…. We’ve had a busy two weeks in Weston – 18 single family homes came on the market and 14 sold*. In fact, our activity surpassed that from this same time frame last year when we had 10 new listings and seven pendings. But the striking difference is that our inventory (74) is down 25% from this time last year (99); this low supply has been the consistent trend virtually since last summer. We also continue to see an imbalance in the inventory. Properties priced above $2.5 million account for 39% of the active listings, while homes priced below $1.5 million comprise only 20%. These numbers this time last year were 31% and 42%, respectively.

To get the details on the market stats, please click Pinnacle Report for Weston MA Real Estate 4-1-2013-4-14-2013. And 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.

I leave you with another taste of Spring from Weston, MA…. And Happy Patriots’ Day and Boston Marathon today!

Post Script – As you see above, when I originally wrote and published this post, I wished everyone a Happy Patriots’ Day and Boston Marathon! Then hours later, we were all shocked, saddened and horrified when two bombs detonated at the Marathon’s 26.2-mile finish line. Given what ultimately transpired on Monday, I wanted to add these words…. To all of the victims and your loved ones, my thoughts and prayers go out to you, and my heart goes out to everyone touched by this terrible tragedy…. I would also like to acknowledge the firemen, policemen, volunteers and so many others who ran toward danger and the potential for more to help those injured and in harm’s way. You are my heroes and heroines….

* New listings do not include those re-listed within 90 days, and sold means “pending/under agreement” and not yet closed.