Category Archives: real estate

Boston Magazine includes Wellesley in its Best Places to Live issue, specifically including the town among those where “opportunity knocks,” alongside Weston, Dover and Sherborn: “Opportunity is relative, of course, and in the MetroWest that doesn’t necessarily mean affordable. But if you’ve got the money, a million ain’t what it used to be — in [...]

Local real estate guy John Prescott blogs about  MLS numbers for the first 9 months of the year and the stats aren’t pretty for Wellesley — unless you’re looking to buy a house. Inventory is up almost 50% vs. the first 9 months of last year.  Median price is down 16.8% and overall sales volumes [...]

A Wellesley couple, the Lees, snagged the first of 43 condo units at the schmantzy Nouvelle at Natick sold in a fire sale this weekend. The Lees got their 2-bedroom condo for $355K, according to a Boston Herald story, and that’s about half of the last asking price for the unit, part of the complex [...]

UPDATE: We initially had this backwards because Forbes had it backwards (though we really should have noticed that, so sorry for confusion). We’ve heard a lot about Wellesley’s housing market bucking negative trends over the past year, and a new Forbes index of housing prices in the 500 most expensive neighborhoods in the U.S. by [...]

Universal Hub reports on a state appeals court case involving a Wellesley homeowner seeking to build a house near a road that doesn’t exist at the Wellesley/Weston town line: In 2002, Robert Carlson bought the house at 107 Manor Ave., and, being a good Wellesleyite, immediately began making plans to tear it down and replace [...]

Realtor John Prescott blogs about the Globe’s recent rosy outlook on Wellesley’s real estate market vs. the market in Wayland, etc. Prescott says a closer look at the numbers reveals that Wellesley’s market isn’t exactly going gangbusters: “Real estate in Wellesley is wavering…that is the volume and average sale price plunged dramatically during the first [...]

Construction on The Durant, the luxury condo complex being built on the spot of the old Wellesley Inn, is now scheduled for spring, with units expected to be delivered to residents in December of 2010. Back in May, when developers first began publicizing the complex, it was hoped construction would be done by late next [...]

A Natick construction company documents its progress on a new family room at a house on Suffolk Road in Wellesley. Separately, here’s another Wellesley house that’s a work in progress, as described in a blog.