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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 – April 2009

May 6th, 2009
Written By: Elizabeth Bolton

Watertown Massachusetts 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

21 residential properties sold (closed) in Watertown during April with an average sales price of $373,543. That’s an increase of 50% from March when 14 sales closed. The median sales price in April was $380,000. Average days on market was 101.

8 Watertown single families sold in April. The least expensive single family sale was for $283,000. The highest price paid in April for a Watertown single family was $518,000. The median price paid was $395,450. Watertown houses sold for an average of 95% of list price. Average days on market was 41.

11 Watertown condominiums sold in April. The least expensive condominium sold for $212,000. The most expensive Watertown condo sold in March closed for $495,000. The median condo sales price was $360,000. Condos sold for an average of 95% of the asking price. Average days on market was 148.

2 multi-family sales closed in April, for $380,000 and for $425,000. The multi-families sold for an average of 98% of asking price. Average days on market was 79.

Total Watertown residential real estate sales volume closed in April was $$7,844,400

Categories: Real Estate Market Info
Tags: Watertown

This entry was posted on Wednesday, May 6th, 2009 at 3:00 am and is filed under Real Estate Market Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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