📊 What This Dashboard Reveals About the Wellesley Real Estate Market (2023–Today)

Over the past several years, Wellesley has remained one of the most desirable—and resilient—suburban markets in Greater Boston. With 723 closed sales since early 2023 and more than $1.69B in total sales volume, the data shows a market that continues to perform strongly across all price points, even as inventory and interest rates fluctuate.

1️⃣ Wellesley’s Median Home Price Holds Strong at $2.1M

The dashboard highlights Wellesley’s overall median sale price of $2,100,000, a level that has stayed remarkably stable. Even during slower months, median pricing rarely dips, demonstrating the depth of demand from families, relocators, and buyers trading up within town.

2️⃣ Seasonality Is Predictable—But Demand Never Disappears

Monthly trends show:

• Sales surge every spring (April–June) and again mid-fall (September–October).

• Slower winter months still command premium pricing, indicating committed buyers shopping year-round.

Notably, 2024–2025 saw exceptionally strong mid-summer activity, with multiple months topping 35+ closed transactions.

3️⃣ Luxury Market Activity Continues to Accelerate

The Top 10 Sales table shows a clear move upward in ultra-luxury demand:

• Sales now regularly exceed $6M–$10M+

• The highest recent sale—$14.75M on Cliff Road—reflects significant demand for top-tier new construction and estate properties.

Properties above $4M represent a meaningful portion of the market, reinforcing Wellesley’s position as one of Massachusetts’ premier luxury communities.

4️⃣ $1.5M–$2.5M Is Still the Sweet Spot

Price distribution shows the bulk of transactions fall into:

• $1.5M–$2M

• $2M–$2.5M

This is the core family-buyer segment—those prioritizing schools, commute access, and neighborhood lifestyle.
These price points also tend to move quickly and hold value exceptionally well.

5️⃣ Neighborhood Trends Are Incredibly Local

The neighborhood toggle shows meaningful differences:

• Hardy, Hills + Bates, and Dana Hall consistently produce the highest number of annual sales.

• Cliff Estates, Wellesley Farms, and Country Club have fewer but higher-value transactions—these areas anchor Wellesley’s luxury market.

• Poets District remains one of the most accessible pockets but continues to appreciate rapidly as demand grows.

Understanding these micro-trends helps buyers identify opportunity—and helps sellers price with confidence.

6️⃣ Days on Market Remain Low and Stable

With an average of 83 days from list to close, Wellesley continues to offer:

• Quick, predictable absorption

• Consistent competition for well-located homes

• Strong fundamentals that support long-term home value

Even modest inventory increases haven’t meaningfully slowed demand.

📌 Why This Matters for Buyers & Sellers

For buyers:
You’re entering a stable market where long-term fundamentals—schools, commute, community—support steady price growth. Understanding how neighborhoods differ can help you secure value and avoid overpaying.

For sellers:
Pricing and presentation are critical. Homes aligned with neighborhood data and recent comps continue to attract strong offers—often within days of listing.

For relocators:
Wellesley offers predictable market behavior, premium housing, and strong appreciation across nearly every neighborhood—rare in Greater Boston.