Boston’s high-end real estate market is in high demand right now while expensive nearby suburbs such as Wellesley and Weston are also drawing quite a bit of attention.
Both suburbs have always been popular in the high-end real estate market, however, it’s gotten to the point where almost all real estate sales are landing in the luxury price range—according to a recent report.
Between January and July a total of 274 homes sold in both Weston and Wellesley. Out of these homes, only 10 were sold for $600,000 or less and only 3 sold for less than $400,000.
At the same time, over twice as many homes in both towns sold for $3 million or more—21 homes to be exact. 131 homes sold for between $1 million to $2 million between January and July.
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