Yes, houses are still rolling out for sale, and yes, there are still lots of buyers out there to scoop them up even though we are nearly in June. Call it the last push before summer or people just waiting for burst of color in their gardens to present their properties to the public. Whatever the reason, it is a welcome addition to the inventory we so badly need. Compared to past years we still have so few properties for sale and those that are on the market are absorbed quickly.

Luxury homes make up a good amount of the houses for sale in Metro West towns. For example about a third of the homes for sale in Wellesley and Concord are listed for more than $3M, and more than half in Weston are above $3,000,000 —setting new highs! The number of days those properties linger on the market is not surprisingly much longer than lower priced properties. They take time since the buyer pool is smaller.

 

That said, well-priced homes in more attainable price points are still seeing bidding wars that settle anywhere from 5% to sometimes 20% over the asking price. It can take three or four tries for buyers to finally be the winner. When they do get to the finish line, it's a lot of strategy and frustration that fuels them to craft the perfect winning offer.

 

In other news...It was a treat to learn this week that I was named a "Top Real Estate Producer" by Boston Magazine and ranked as one of the top 20 agents in Massachusetts by Real Trends. Our MGS Groups leader, Maggie Gold Seelig was listed as the second highest real estate agent in the entire state. I am honored by both rankings and to be a part of this incredible firm!

Check out this video of my listing at 1094 Monument Street, Concord. The setting at this property is truly awe-inspiring and brings a peacefulness to your life that we all could use.

 

 

37 Garden Road

$2,895,000

Click here to see 37 Garden Road

37 Garden Road, Wellesley, is for sale and does such a nice job coupling classic elements of a home with today's living. It's just stunning and worth a look

200 Pond Road, Wellesley 

$10,000,000

200 Pond Road sits majestically in Wellesley and offers multi-acreages that are extremely rare. Nothing like it!

33 Royalston Road, Wellesley

$6,750,000

Things are moving along at 33 Royalston Road in Wellesley. This will also be a stunning new construction with a very spacious yard. The design is a real treat.

For Rent

36 Leighton Road, Wellesley 

$8,500/Month

36 Leighton Road is for rent and just down the street from the Brook Path and near Wellesley Center. A fabulous rental for sure!

MGS Group is the lead sponsor at Land Sake Farm in Weston. Today is their opening day, and it will be a great event. I encourage you to stop by and see the new farmstand.

 

https://landssake.org/events/farmstand-opening-day/

 

 

 

I'm always available and more than happy to provide an analysis for you! Email me at teri@mgsgrouprealestate.com or call at 617-306-3642 to schedule a meeting.

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