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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 Market Statistics – January 2009

The Watertown Real Estate Numbers for January 2009:

Watertown Real Estate82 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.

4 Watertown single families sold in January. The least expensive sale was for $405,000. The most expensive house sold for $700,000. The median price for a single family house was $464,500. Average days on market was 97.

7 condominium sales closed in January. The least expensive condominium sold for $227,500. The most expensive Watertown condo sold in January closed for $360,000. The median condo sales price was $337,500. Condos sold for an average of 95% of the asking price. Average days on market was 73.

3 multi-family sales closed in January. The lowest sale price for a multi-family was $385,000. The highest price paid was $620,000. Average days on market was 107.

Total Watertown residential real estate sales volume closed in January was $5,681,500.

Categories: Real Estate Market Info

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