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As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.

Watertown Real Estate Sold In May 2010

Welcome to the Watertown Real Estate Market Report

Welcome to the Watertown Real Estate Market Report

As the month comes to an end lets take a quick look back at Watertown real estate sold in May 2010. 

On the Market in Watertown

156 Watertown residential properties were listed for sale in the MLS  on May 31, 2010 priced between $180,000 and $1,785,000.  These homes had been on the market an average of 101 days.  That’s a 17% increase in inventory from this time last year when 129 homes were on the market. 

It does appear that some of the spring market sales were pushed into the earlier months of the year as buyers tried to take advantage of the credit. If inventory continues to grow there may be pressure on prices in some segments of the market.

Watertown Real Estate Sold In May 2010

33 Watertown properties sold in May 2010.  The median sales price in May 2010 was $363,000. Homes were on the market an average of 76 days. 
7 single family homes sold in May for prices between $135,000 and $879,000.  The median price paid was $569,000.  Average days on market was 77.
23 Watertown condominiums sold in May 2010 for prices from $195,000 to $550,000.  The median sales price was $320,000.  Condos sold on average for 97% of the asking price and were on the market an average of 84 days.
3 multi-family homes sold in May for  sales prices between $392,500 and $472,000.   These properties had been on the market an average of just 11 days and sold for 100 to 105% of list price.  Not bad!

Total value of Watertown real estate sold in May 2010 was $$12,726,994

See Also:

Watertown Real Estate Market – April 2010

Watertown Real Estate


Info about Watertown real estate sold in May 2010 from MLSpin

Categories: Real Estate Market Info

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