Wrentham is a quaint town located in Massachusetts. The town is most known for the Wrentham Village Premium Outlets located right off of Interstate 495. Gillette Stadium, home of the New England Patriots is just a short ten minute drive from Wrentham Center.
Wrentham’s single family market took a steep hit due to the COVID-19 pandemic; the number of closings this quarter took a 39.2% hit compared to the same period last year (51 closings last year versus 31 this year). Last year, there were three sales over $900,000 in Wrentham in Q2, but this year, the highest priced sale was $825,000. Nevertheless, price per square foot increased compared to Q2 2019 by 2.9% indicating that a healthy recovering could be on the horizon.
The condo market in Wrentham did not experience a decline in the number of closings in Q2 2019 versus Q2 2020 (four in 2019 and four this year). However, new developments such as Weber Farm will cause a large spike in 2021 in both number of closings and average sales price.