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Watertown Real Estate Market – February 2010
Welcome to the Watertown Real Estate Market Review for February 2010
Here’s a quick review of the Watertown real estate market in February 2010.
Watertown Homes on the Market
112 Watertown homes were listed for sale in the MLS on February 28, 2010 priced between $169,900 and $1,395,000. These properties had been on the market an average of 132 days.
Watertown Real Estate Sales – Feb. 2010
Total value of Watertown real estate sales in February 2010 was $$3,107,000
See Also:
Watertown Real Estate Market - January 2010
Info about Watertown MA real estate sold in February 2010 from MLSpin
Watertown MA Real Estate Sales – January 2010
Welcome to the Watertown Real Estate Report for January 2010
The month flew by! Here’s a look back at Watertown real esteate sales in January 2010.
Watertown Homes on the Market
90 Watertown homes were listed for sale in the MLS on January 31, 2010 priced between $182,000 and $1,395,000. These properties had been on the market an average of 160 days.
Watertown Real Estate Sales – Jan. 2010
Total value of Watertown real estate sales in January 2010 was $$7,627,125
See Also:
WATERTOWN REAL ESTATE SALES IN 2009
Info about Watertown MA real estate sold in January 2010 from MLSpin
Watertown MA 2009 Real Estate Market Review
Welcome to the Watertown Real Estate Wrap-up
Watertown MA 2009 Real Estate Market Finally – the year has come to a close and it’s possible to do a year end wrap-up of the real estate market in Watertown. 2008 figures are included for comparison. The report includes sales that were listed in the MLS, the Multiple Listing System.
The percentage of year-to-year change is included in parentheses.
As you’ll see, fewer properties sold in Watertown in 2009 than in 2008 – more than 10% fewer. Was that because properties were harder to sell in 2009? The numbers seemed to suggest that wasn’t the case – on average properties sold a bit more quickly in 2009 and the spread between asking price and sale price didn’t change. The median sales price for Watertown properties barely budged..
Looking at the numbers of properties that failed to sell – that “expired” as we say, shows that more properties failed to sell in 2008 (120) than in 2009 (109).
It seems that the decline in numbers of properties sold occurred because fewer properties were listed for sale in 2009. Reasons why fewer properties were put on the market include sellers who are able to wait and think they’ll get more money for their home some time in the future and homeowners who are unable to sell at a price that works for them and choose to stay put or rent their home.
After the annual sales info you’ll find the stats for December 2009.
Total properties sold in Watertown:
- In 2009: 321 (-12.3%)
- In 2008: 366
Average days on market:
- 2009: 82
- 2008: 89
Total value of real estate sales:
- 2009: $122,196,592 (-17.34%)
- 2008: $147,822,196
Properties sold for:
- 2009: An average of 96% of asking price and a median price of $368,000 (-1.61%)
- 2008: An average of 96% of asking price and a median price of $374,000
Watertown Single Family Sales
- 2009: 79 (+5.34%)
- 2008: 75
Price range for single family homes:
- 2009: $260,000 to $967,500
- 2008: $280,000 to $1,577,000
Median price of single family houses sold:
- 2009: $415,000 (-.01%)
- 2008: $419,000
On average, single families:
- In 2009: were on the market 61 days and sold for 95% of list price
- In 2008: were on the market 82 days and sold for 96% of list price
Watertown Condo Sales
- 2009: 199 (-13.86%)
- 2008: 231
Price range for condos:
- 2009: $150,000 to $781,000
- 2008: $182,000 to $1,060,600
Median price of condominiums sold:
- 2009: $322,000 (-6.67%)
- 2008: $345,000
On average, Watertown condos:
- In 2009: were on the market 91 days and sold for 97% of list price
- In 2008: were on the market 84 days and sold for 97% of list price
Watertown Multi-Family Sales
- 2009: 43 (-28%)
- 2008: 60
Price range for multi-family properties:
- 2009: $310,000 to $723,000
- 2008: $335,000 to $2,400,000
Median price of multi-family houses sold:
- 2009: $445,000 (-6.8%)
- 2008: $477,500
On average, Watertown multi-families:
- In 2009: were on the market 75 days and sold for 96% of list price
- In 2008: were on the market 120 days and sold for 93% of list price
The December 2009 Stats
Watertown Homes on the Market
74 Watertown homes were listed for sale in the MLS on December 31, 2009 priced between $182,000 and $1,395,000. Average days on market was 172.
Watertown Home Sales – Dec. 2009
Total value of Watertown home sales closed in December was $8,702,400
See Also:
WATERTOWN REAL ESTATE SALES Nov. 2009
Info about Watertown real estate sales from MLSpin
Watertown Home Sales – November 2009
Watertown Real Estate Report
Like other towns in the area, Watertown home sales in November 2009 had a boost because of the potential end of the first time homebuyer’s credit. The credit has been expanded and extended but the earlier version required real estate buyers to close on properties by November 30th.
Watertown Homes on the Market
102 Watertown homes were listed for sale in the MLS on November 30, 2009 priced between $183,900 and $1,395,000. Average days on market was 133.
Watertown Home Sales – Nov. 2009
Total value of Watertown home sales closed in November was $$11,337,520
See Also:
WATERTOWN REAL ESTATE SALES Oct. 2009
Info about Watertown homes sold in October 2009 from MLSpin
Watertown Homes Sold in October 2009
Welcome to the Watertown Homes Sold Report
Time to take a look back at Watertown homes sold in October 2009.
Watertown Homes on the Market
121 Watertown homes were listed for sale in the MLS on October 31, 2009 priced between $189,000 and $1,395,000. Average days on market was 121.
Watertown Homes Sold – Oct. 2009
Total Watertown residential real estate sales volume closed in October was $$8,335,050
See Also:
September 2009 WATERTOWN REAL ESTATE SALES
Info about Watertown homes sold in October 2009 from MLSpin
Real Estate Sales in Watertown MA – September 2009
Welcome to the Watertown Real Estate Review
Another month has flown by. Here’s a look back at real estate sales in Watertown MA during September 2009.
Market Snapshot
127 residential Watertown properties were listed for sale in the MLS on September 30, 2009 for prices from $189,000 to $1,395,000. Average days on market was 111.
Real Estate Sales in Watertown - September 2009
Total Watertown residential real estate sales volume closed in September was $$11,654,455
See Also:
AUGUST 2009 WATERTOWN REAL ESTATE MARKET
Watertown Real Estate Market – August 2009
Watertown Real Estate Market Review
Here’s our once a month look back at the Watertown real estate market - August 2009.
Watertown Homes on the Market
115 residential properties were listed for sale in Watertown on August 31, 2009. Asking prices ranged from $179,900 to $1,395,000. Average days on market was 126.
Watertown MA Real Estate Sales in August 2009
Total Watertown residential real estate sales volume closed in August was $$15,619,900
See Also:
JULY 2009 WATERTOWN REAL ESTATE MARKET
Waterbridge Condominiums – 50 Watertown Street – Watertown Condos
Luxury Condos in Watertown Mass
The Waterbridge Condominiums are located in Watertown Square at 50 Watertown St, Watertown MA. There are 71 condos in this six-story brick building built in 1986.
The Waterbridge condos are some of my favorites because of the beautiful indoor pool. That’s my idea of heaven – take the elevator down to the pool in your own building. Like many condo buildings with pools there’s almost never anyone in the water – all the better! There’s also a fitness room and sauna. I also really like many of the floor plans which have two bedrooms with baths in what feel like separate wings of the apartment.
Most of the condominiums in the building are two-bedroom, two-bath units though there are a few one-bedrooms. Two bedrooms are typically in the 1000 – 1200 sq.ft. range. Some have views of the Charles River.
Watertown has the residential exemption for owner occupied real estate.
50 Watertown St, Watertown MA – Condo Features
- Garage or outdoor parking
- Walk-in closets
- Balconeys
- In-unit laundry
- Additional storage
- Air conditioning
Waterbridge Condominiums
The Watertown Square location provides easy access to the Mass Pike and the express bus to Copley Square in Boston stops nearby. Enjoy the river walk along the Charles and the shops and restaurants in the square.
50 Watertown St, Watertown MA Real Estate Activity
Recent rentals at Waterbridge are in the $1600 – $1800 range for two-bedrooms.
Recent real estate sales of Waterbridge Condos since 2007 have included:
- One bedroom condos sold for prices from $255,000 to $278,000
- Two bedroom conods sold for $360,000 to $389,000
If you want more information about the Waterbridge Condominiums at 50 Watertown Street or similar condos for sale, call Liz Bolton at 617-504-1737.
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