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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 By The Numbers – Watertown Real Estate Market February 2009

The Watertown Real Estate Numbers for February 2009:

In Massachusetts it takes about six to eight weeks for a property sale to close from the time an offer is accepted. So February market data reflect sales activity from December and January.  Here’s the February 2009 Watertown market statistics:
Watertown Real Estate95 properties were on the market in Watertown on February 28, 2009. The lowest priced property was listed for $204,000, the most expensive for $1,395,000. Average days on market was 138.
12 residential properties sold (closed) in Watertown during February with an average sales price of $297,958.  The median sales price was $303,250. Average days on market was 101.
Two Watertown single families sold in February, one home sold for $395,000 and another house sold for $439,000.
10 condominiums sold in February. The least expensive condominium sold for $174,000.  The most expensive Watertown condo sold in February closed for $414,000.  The median condo sales price was $272,500.  Condos sold for an average of 96% of the asking price.  Average days on market was 114.
No multi-family sales closed in February.
Total Watertown residential real estate sales volume closed in February was $3,575,500.
Information based on residential sales data in MLSpin.

Categories: Real Estate Market Info

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