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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 – August 2009

September 4th, 2009
Written By: Elizabeth Bolton

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

39 residential properties sales closed in Watertown in August. The average sales price was $400,510. The median sales price was $355,000. Properties were on the market an average of 60 days.

10 Watertown single family homes sold in August. The lowest price paid was $260,000 and the most expensive sale closed for $760,000. The median sales price was $457,500. Single family homes in Watertown sold for an average of 97% of asking price last month and were on the market an average of 57 days.

26 Watertown condos sold in August for prices ranging from $229,500 to $539,500. The median condominium sales price was $327,500. Condos sold for an average of 98% of the asking price and were on the market an average of 63 days.

3 multi-family properties sold in August for prices of $470,000, $562,500 and $580,000. The multi-family houses sold for an average of 96% of the list price and were on the market an average of 52 days.

Total Watertown residential real estate sales volume closed in August was $$15,619,900

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