Wellesley Real Estate Sales Up in March
March showed a surprising increase in real estate sales in Wellesley MA. The increase in volume was significant:20 homes sold compared with 7 in February which brought the absorption rate down to 9.7
months compared with the 23.3 month absorption rate of February.
The Massachusetts Board of Realtors reported that the number of homes put under contract in March was up 27% compared with March of 2009. These positive trends are good news Wellesley real estate as well as Massachusetts real estate in general. March showed the highest dollar amount of real estate sales Wellesley MA this year.
Click here to visit the Massachusetts Association of Realtors website and learn more about Massachusetts real estate contracts and sales for March 2010. or call Jane Neilson at 781-223-7338 for more specific information about real estate trends in your price range or to find out what we mean by “absorption rate!”
Contact Pinnacle Residential Properties in Wellesley, MA for the best in real estate service, knowledge and experience. Click here for a complimentary search of the MLS real estate listings where you will have access to all homes currently on the market in Wellesley, Weston, Needham, Dover and surrounding communities.
| Contributed by Jane Neilson jneilson@pinnaclehouses.com Cell Phone: (781) 223-7338 | Office Phone: 781-237-5000 http://www.janeneilson.com |
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