Welcome to Centers and Squares

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 Home Sale Report – August 2010

Welcome to the Watertown Real Estate Report

Welcome to the Watertown Real Estate Report

Here’s the first of the monthly real estate reports – a rundown of  Watertown real estate sales for August 2010.  Closed sales were down significantly in Watertown when compared to sales in August of last year.

Watertown Homes On the Market 

139 Watertown homes were listed for sale in the MLS  on August 31, 2010 priced between $199,900 and $1,575,000.  That’s a 22% increase in inventory from this time last year when 114 properties were on the market in Watertown at the end of August.

Watertown Homes Sold In August 2010

20 Watertown home sales closed in August 2010 – about half as many as sold in August last year when 39 sales closed.  The median sales price in August 2010 was $384,250.  Average days on market for these  properties was 102. 
 
5 single family homes sold in August for sale prices from $345,000 to $858,500.  The median price paid was $530,000.  Average days on the market was 50.
 
11 Watertown condominiums sold in August 2010 for prices from $195,000 to $1,105,000.  The median sales price was $355,000.  Condos sold on average for 96% of the asking price and were on the market an average of 147 days.
 
4 multi-family houses sold last month for prices between $155,000 and $617,750.  These properties were on the market an average of only 41 days and sold for 98% of asking price on average.

 

Total value of Watertown homes sold in August 2010 was $$8,960,650

 

See Also:

Watertown Real Estate Sold in July 2010

Watertown Real Estate

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