The Boston Globe has been keeping a sharp eye on the Wellesley housing situation of late. One story, about teardowns inside the Rte.128 belt, rolls out stats about Wellesley in recent years:
Wellesley also saw demolition permits dip during the recession, down to 38 in 2009. But there has been a steady rebound since then to 46 in 2010, 48 in 2011, and 15 in 2012 as of the middle of last month, according to Meghan Jop, Wellesley’s planning director.
“We have never really seen a falloff in demolitions,” Jop said. “Wellesley is a pretty built out community in terms of new home construction. It is teardown/rebuild that we primarily see.”
Separately, the Globe’s poll of realtors identifies Cliff Road as being one of the best places to live in Boston and surrounding areas — if you an afford it.
And while you might not find ranch homes on Cliff Road, they are apparently making a bit of a comeback, even in Wellesley, according to one realtor quoted by the Globe in a separate piece:
Kathy Kelley of Prudential Town and Country in Wellesley is selling a $675,000 mod-looking ranch in Wellesley that has generated a lot of interest, especially from younger buyers. “Ten years ago, people would have been tearing that place down or turning it into a Colonial,” she says.