Towne Lake Real Estate Guide

In the month of August, Wellesley saw 2 homes be placed under contract to sell and 3 homes sell, according to FMLS.

The home that sold in Wellesley was:

• 303 Westbriar Way sold on August 31st for $276,000 which was 95.50% of its original asking price. This 4 bedroom, 2 and a half bathroom home in a cul-de-sac was on the market for 93 days.

The homes that went under contract in Wellesley were:

• 1030 Wellesley Crest Drive went under contract on August 20th. The original asking price was $354,900 for this 6 bedroom, 4 and a half bathroom home.
• 1020 Wellesley Crest Drive went under contract on August 13th. This home with 4 bedrooms and 2 and a half bathrooms was listed for $310,000.

If you would like to be kept up to date on the 2 homes that are under contract to find out their actual sales prices upon closing or if you’d like to hear when new homes in the Towne Lake community of Wellesley come on the market or are sold, use the contact form to let me know. I can send you a list via e-mail or fax whenever you’d like.

• In 2003, 7 homes sold in Wellesley
• The average list price was $294,014
• The average sales price was $291,900
• The average number of days on the market was 59
• And the percentage of sales price to original listing price was 99.28%

• In 2004, 12 homes sold in Wellesley
• The average list price was $302,725
• The average sales price was $297,275
• The average number of days on the market was 55
• And the percentage of sales price to original listing price was 98.20%

• In 2005, 13 homes sold in Wellesley
• The average list price was $309,146
• The average sales price was $301,769
• The average number of days on the market was 53
• And the percentage of sales price to original listing price was 97.61%

Wellesley has been slowly climbing in average sales price. Between 2003 and 2004, there was a 1.8% rise in average sales price. Between 2004 and 2005 the appreciation rate was 1.5%.

You can view the average sales prices as well as other Towne Lake real estate appreciation statistics in my 3 year look at all of the Towne Lake communities.

If you would like more information on Wyngate or Towne Lake Real Estate, in general, please call me at any time or use the contact form to find many ways to reach me.

Knox Bardeen
(678) 471-7612

Here’s some sales information about Wellesley Subdivision, a John Weiland community in Towne Lake.

If you would like more information on the Wellesley Subdivision in Towne Lake or information on the current value of your home, please use the Contact Us form to find a number of ways to communicate with us.