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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 Sales – July 2010

Welcome to the Watertown Real Estate Review

Welcome to the Watertown Real Estate Review

We’ve been wondering if real estate sales would fall a bit after the end of the homebuyer credit.  Here’s the first of the monthly real estate reports – a rundown of  Watertown real estate sales for July 2010.  Take a look – there has been a post-credit drop in sales.

Homes On the Market in Watertown

143 Watertown homes were listed for sale in the MLS  on July 31, 2010 priced between $169,900 and $1,575,000.  That’s 15% fewer properties than were listed for sale at the end of June.  Typically, there’s lower inventory in the summer with many sellers choosing to wait until the Fall to list their homes for sale.  This can be an opportunity for sellers with fewer homes competing with theirs. 

Watertown Homes Sold In July 2010

24 Watertown home sales closed in July 2010. This is significantly fewer homes than sold in July 2009 (47) – a drop of almost 50%.  And 2009 wasn’t an extremely robust year for real estate sales.  It’s looking like the homebuyer credit did push sales into the earlier months of the year.  The median sales price in July 2010 was $410,400.  These  properties were on the market an average of 80 days. 
9 single family homes sold in July for sale prices from $355,000 to $705,000.  The median price paid was $509,500.  Average days on the market was 44.
14 Watertown condominiums sold in July 2010 for prices from $192,000 to $565,000.  The median sales price was $305,000.  Condos sold on average for 97% of the asking price and were on the market an average of 108 days.
Just one multi-family house sold last month – a two-family that sold for $482,000 – $32,100 over the asking price.


Total value of Watertown homes sold in June 2010 was $$9,801,800


See Also:

Watertown Real Estate Sold in June 2010

Watertown Real Estate


Categories: Real Estate Market Info

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