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Watertown MA Real Estate Market Report – July 2009

Welcome to the Watertown Real Estate Roundup
Here’s a quick look back at the Watertown real estate market in July 2009.
Homes on the Market
123 residential properties were listed for sale in Watertown on July 31, 2009. Asking prices ranged from $179,900 to $1,395,000. Average days on market was 124.
Watertown Real Estate Sales in July 2009
Total Watertown residential real estate sales volume closed in July was $$17,582,000
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JUNE 2009 WATERTOWN REAL ESTATE MARKET
Watertown Real Estate Market Report for June 2009

Welcome to the Watertown Real Estate Market Review
Here’s the scoop on the Watertown real estate market in June 2009. We’re at the half-way point in the year and it’s been a busy spring market.
Real Estate on the Market in Watertown MA
134 residential properties were listed for sale in Watertown on June 30, 2009. The asking price for the least expensive property was $182,500, the most expensive house for sale was listed at $1,395,000. Average days on market was 113.
Watertown Real Estate Sales in June 2009
Total Watertown residential real estate sales volume closed in June was $$13,012,200
Watertown Real Estate Market in May 2009
Before we get too far into June let’s take a look at the Watertown real estate market in May 2009. The spring market is in full swing. Sales that closed in May reflect properties for which sellers accepted offers in April or perhaps March since real estate sales in Massachusetts typically take six to eight weeks to close.
Real Estate on the Market in Watertown MA
132 houses were listed for sale in Watertown on May 31, 2009. The lowest priced property was listed for $199,000, the most expensive house for sale had an asking price of $1,395,000. Average days on market was 106.
Watertown Real Estate Sales in May 2009
Total Watertown residential real estate sales volume closed in May was $$11,157,167
See also:
Watertown Real Estate Market - January 2009
Watertown Real Estate Market - February 2009
Watertown Real Estate Market – March 2009
Watertown Real Estate Market – April 2009
Information about the Watertown Real Estate Market in May 2009 from MLSpin.
Watertown Real Estate Market – April 2009
Wondering what’s happening in the Watertown, Massachusetts real estate market? The numbers are in – here’s a recap of real estate sales in Watertown MA in April 2009. Keep in mind that sales that closed in April reflect properties that, in most cases, went under agreement some six to eight weeks earlier.
Real Estate on the Market in Watertown MA
133 residential properties were on the market in Watertown on April 30, 2009. That’s an increase from a month ago when 109 properties were listed for sale in the MLS. Spring tends to bring the most inventory onto the market. The lowest priced property was listed for $214,900, the most expensive for $1,395,000. Average days on market was 113.
Watertown Real Estate Sales in April 2009
See also:
Watertown MA Real Estate Activity - January 2009
Watertown MA Real Estate Activity - February 2009
Watertown MA Real Estate Activity – March 2009
Watertown By the Numbers – March 2009 Real Estate Market Statistics
Wondering what’s happening in the Watertown, Massachusetts real estate market? Here’s the real estate market activity for the month of March 2009. Keep in mind that sales that closed in March reflect properties that, in most cases, went under agreement some six to eight weeks earlier.
109 residential properties were on the market in Watertown on March 31, 2009. The lowest priced property was listed for $209,000, the most expensive for $1,395,000. Average days on market was 129.
Watertown Real Estate Activity in January 2009
Watertown Real Estate Activity in February 2009
Watertown By The Numbers – Watertown Real Estate Market February 2009
The Watertown Real Estate Numbers for February 2009:
95 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.
Cambridge Real Estate – New Listings Tour – Cambridge and Somerville
Every Wednesday the Cambridge Coldwell Banker Real Estate agents tour the new listings coming on the market. Today was a great tour. There were 15 properties on the tour and among them some real gems. Here are my favorites:
Avon Hill Mansard Townhouse
We started the tour at a very special property – a townhouse condominium in a largely unspoiled Victorian mansard duplex on an Avon Hill side street. Beautiful period detail, high ceilings, and wonderful views of the surrounding Avon Hill Victorians and backyards from every window. Most will opt to update this three-bedroom townhouse but the price of $799,000 in this desirable neighborhood struck everyone as a very good buy.
Cambridge Single Family Homes
One of the highlights of our tour was a single family home on Avon Hill. Essentially new after a complete transformation in 2006, this house is exquisite. New houses or gut renovations are not usually my personal favorites but this house is exceptional. As I walked through it, accompanied by a chorus of ooohs and aahs from my fellow real estate agents, the Not So Big House books by Sarah Susanka came to mind. Not that the house is small – with four bedrooms, four levels of living space, and over 3500 square feet it’s generously sized - but the fine finishes and exquisite detail remind me of Susanka’s emphasis on quality. From the beamed ceiling in the living room, the unusually wide staircase, to the perfection of the kitchen and baths – this house is a delight. Priced at $2,325,000 and one of the nicest Cambridge single family houses I’ve seen in a long time.
Most days the Avon Hill house would be hard to beat but we weren’t done yet. I’m an old house enthusiast and a huge fan of unspoiled antique houses. As we walked into the next house on tour, a 13 room, 6 bedroom Victorian, my colleague exclaimed “Now this is what it’s all about.” This absolutely lovely quintessential Cambridge home sits on a quarter acre lot on a side street near Brattle Street and the Charles River in West Cambridge. A grand old home, it has wonderful period detail, elegant formal rooms and sweet and cheery bedrooms. Gracious and inviting, this is the house you think of when you visualize an old Cambridge manse. Well loved for decades, the next owners will be fortunate to call this house home.
Somerville Condominiums
We saw a variety of condominiums in Somerville, Watertown, Cambridge and Arlington on tour. The standout for me was a spacious six-room, two-bedroom condo on Winter Hill in Somerville. Somerville has several streets with really beautiful Victorians and Adams Street in Winter Hill is one of them. This condo, one of five condominiums spread out in the house and adjacent carriage house, is the crown jewel of the association at 60 Adams. Walk across the wide front porch through the main door of the house – now the private entry to the condo - into an enormous foyer. Inside, the Victorian golden oak detail is jaw dropping - a built-in bench next to the fireplace in the living room, thickly framed stained glass panels in the formal dining room, columns, pocket doors, and a massive built-in china cabinet with leaded glass doors. The kitchen is scrumptious – a bit updated, a bit vintage – very usable and completely charming. 60 Adams Street, Somerville is a dazzler and is coming on the market for $424,900.
Arlington and Watertown Condominiums
We also saw two condos today that are great options for first-time buyers. One is a newly renovated condo in a brick four-unit condo building in Watertown. Filled with light, open and bright, this two-bedroom condo with study has a gorgeous kitchen and new bath. The developer did some very nice detail work and this condo seems exceptionally well priced at $314,000. If you’re looking for a Cambridge condominium you might want to include this Watertown condo in your search since it’s just off Mount Auburn Street near the Cambridge line.
Another excellent first-time buyer option was a three-room one-bedroom condo in a classic brick building in Arlington near the Capitol Theatre. Charm and character, hardwood floors and parking for $229,900 and you can hop on the 77 bus to Harvard Square.
I tour new listings all week long. Check back often for the latest and greatest. See a property you like? Need more information? I’m just a phone call or email away!
Watertown Real Estate Market Statistics – January 2009
The Watertown Real Estate Numbers for January 2009:
82 properties were on the market in Watertown on January 31, 2009. The lowest priced property was listed for $192,000, the most expensive for $1,395,000. Average days on market was 180.
14 properties sold (closed) in Watertown during January with an average sales price of $405,821. The median sales price was $372,500. Average days on market was 87. These sales reflect real estate activity in November and December or before since in Massachusetts a real estate transaction typically closes six to eight weeks after an offer is accepted. Read the rest of this entry »
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