Observer
Town report

Wellesley

Wellesley has 50 homes for sale. 50% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 7 days, and 47% sold at or above their first asking price.

50%
of homes for sale have cut their price
56
days on the market, typical listing now
45%
of homes sold in the past 12 months went at or above the first asking price

1 in 2 sellers in Wellesley have cut their price, about the state's pace.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Wellesley ranks 70 of 230, where 1 has the most cuts.

Wellesley50%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling about 3% below the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

97.3%
Oct 2025Oct 2026

Condos

89.1%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyCondos
October 202597.4% (20 sales)95.2% (5 sales)
November 2025100.0% (18 sales)94.5% (5 sales)
December 202596.1% (21 sales)– (4 sales)
January 202693.3% (12 sales)– (2 sales)
February 2026– (4 sales)– (3 sales)
March 202697.5% (9 sales)– (2 sales)
April 2026100.2% (26 sales)99.8% (7 sales)
May 202698.0% (22 sales)– (1 sales)
June 2026100.0% (41 sales)98.2% (10 sales)
July 2026100.3% (31 sales)100.0% (5 sales)
August 202696.3% (36 sales)89.1% (6 sales)
September 202696.1% (15 sales)– (4 sales)
October 202697.3% (17 sales)– (1 sales)

Wellesley has 16% fewer homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 11 weeks to go under agreement.

Homes for sale

8040
51
Aug 3Oct 26

Offers accepted

158
5
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 36142
Aug 105844
Aug 175946
Aug 245833
Aug 315332
Sep 764620
Sep 146388
Sep 2154148
Sep 2859613
Oct 55542
Oct 125646
Oct 195555
Oct 265151

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$2.31M251 sales · 7 days to offer · 47% at or above first ask
  • Condos$1.25M50 sales · 15 days to offer · 34% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family251$2,315,000752%47%
Condos50$1,250,0001538%34%

A typical two-bedroom in Wellesley leases for $3,800 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 2 beds$3,800Middle half $3,450–$4,100 · 34 leases
  • 3 beds$4,500Middle half $3,900–$5,700 · 31 leases
  • 4+ beds$7,500Middle half $5,500–$9,900 · 47 leases
123 leases; 70% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
2 beds34$3,800$3,450–$4,10041
3 beds31$4,500$3,900–$5,70048
4+ beds47$7,500$5,500–$9,90050

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.