In Wellesley, there are 15 houses on the market versus 60 one year ago. That's not to say houses aren't coming on, they are just absorbed so quickly that there isn't time for the inventory to build. Hurray for my sellers though, who are taking advantage and doing quite well!
For all you buyers out there, if you really want a home, it could mean stepping out of you comfort zone. Take comfort, however, knowing that there's a good chance this strong market will keep going. Maybe what you paid today will feel like a deal next year.