Wayland, Massachusetts

Wayland

Market Insights

  • Much like what occurred in Weston, Wayland experienced a 12.5% increase in closings from Q2 2019 to Q2 2020 (48 last year versus 54 this year). Offering a lower price per square foot than neighboring towns Weston and Wellesley, Wayland provides an alternative for those who want to take advantage of Massachusetts’ strong public school system without paying a premium.
  • Wayland’s two most expensive sales were both proximate to Wayland High School:
  • 164 & 168 Cochituate Road - $1,950,000. Was originally listed for $2,300,000, a 17.9% discount
  • 74 Old Connecticut Path - $2,100,000. Was originally listed for $2,275,000, an 8.3% discount
  • Wayland had 12 homes sales under $600,000 in Q2 2020, which is surprisingly a large number of units at this price point; last year had 9 units under $600,000 sell in Q2.
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