Wellesley, MA 2014 Real Estate Activity Report

During 2014, real estate activity in Wellesley saw decreases in total volume and average sales price.


There was a 28% decrease in documents recorded at the Norfolk County Registry of Deeds for Wellesley in 2014, resulting in a reduction of 2,101 documents from 7,577 to 5,476.


The total volume of real estate sales in Wellesley during 2014 was $653,225,318 which showed a 43% decrease from 2013. The average sale price of homes and commercial property was down 47% in Wellesley. The average sale was $1,349,639. The primary reason for the decrease in total volume and average sales price in 2014 was the sale of Wellesley Office Park for $237 million that took place on December 13, 2013.


The number of mortgages recorded (1,215) on Wellesley properties in 2014 was down by 34% from the previous year. Total mortgage indebtedness also decreased by 32% to $764,797,498. during the same period.


There was 1 foreclosure deed filed in Wellesley during 2014, representing a 0% increase from the previous year when there was also 1 foreclosure deed filed.


Finally, homestead activity decreased 7% in Wellesley during 2014 with 534 homesteads filed compared to 573 in 2013.

The Norfolk County Registry of Deeds will be closed on Thursday, July 4th in celebration of Independence Day. We are open Friday, July 5th.

The Norfolk County Registry of Deeds is closed Today, July 4th in celebration of Independence Day. We are open Friday, July 5th.