Luxury Housing Market in Wellesley, MA 02482, 02481

Luxury Housing Market in Wellesley, MA 02482, 02481.  In the greater Boston Area a luxury home, one that is in the top 10% of all the sales price is around $895,000 and above, but in Wellesley that is not considered a luxury home. The average Sold Price in Wellesley over the last year is. Single Family Sold Listings: 314    Avg. Liv.Area SqFt: 3,333.27     Avg. List$: $1,392,736    Avg. List$/SqFt: $426     Avg. DOM: 74.51    Avg. Sale$: $1,350,528   Avg. Sale$/SqFt: $419

So if the average Sold Price is $1,350,528 then making $2,430,950.40 the top 10% of this price point, for a designation as Luxury.  A Luxury home in Wellesley starts at two million four hundred and thirty thousand nine hundred and fifty dollars and forty cents. Back to MLSPIN for some more searching.  Homes Sold in the last year above the Luxury price of #2,430,950.40. This search yields us just 23 properties, like 165 Cliff Road, Wellesley, MA 02482

Single Family Sold Listings: 23    Avg. Liv.Area SqFt: 7,283.39     Avg. List$: $3,427,130    Avg. List$/SqFt: $480     Avg. DOM: 230.39    Avg. Sale$: $3,167,643   Avg. Sale$/SqFt: $446 So we see less than 10% of the Sold's made it into luxury Sold's.

Taking Luxury as the base I asked MLSPIN to give us homes that sold Using the same calculation we then see the average for the Luxury homes is $3,167,643. A Luxury of the Luxury home then is $5,701,757.40.  It is from this category we took the MLS pictures. All statistics are taken from MLSPIN. I am a member. Space, style, room, upgrades, views and privacy all make a difference as you head up the scale of luxury,

Luxury Housing Market in Wellesley, MA 02482, 02481