Watertown MA Home Sales – October 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 recap of  Watertown properties sold in October 2010.  Sales are still off from last year’s numbers.

Watertown Homes On the Market 

163 homes in Watertown were listed for sale in the MLS  on October 31, 2010 priced between $152,900 and $1,375,000.  That’s significantly more homes – by just over a third – than were on the market one year ago in Watertown when 120 residential properties were listed for sale in the MLS.

Watertown MA Home Sales In October 2010

15 Watertown MA homes sold in October 2010.  The median sales price in October 2010 was $351,000.  Average days on market for these  properties was 135.  Sales were down by more than a third from last October when 24 properties sold in Watertown.  
 
Just 3 single family houses sold in October for prices between $351,000 and $594,000.  Average days on the market for these houses was 75.  Last month, Watertown single family homes sold for an average of 96% of asking price.
 
10 Watertown condos sold in October 2010 for prices from $152,000 to $459,000.  The median sales price was $341,500.  Condos sold on average for 97% of the asking price and were on the market an average of 156 days.
 
Two Watertown two-family houses sold last month for $290,00 and $550,000. 

Total value of Watertown MA home sales in October 2010 was $$5,709,500

 See Also:

Watertown Properties Sold in September 2010

Watertown Real Estate

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Watertown Public Library – Memorial Bricks

Engraved Bricks Outside the Watertown Public Library

Engraved Bricks Outside the Watertown Public Library

Watertown Public Library – Memorial Bricks  Recently I was in Watertown Square and popped into the Watertown Public Library. 

It was my first time in the library since the renovation and addition.  Time flies I guess because the library project was finished in 2006. 

There’s a new twist at libraries – perhaps influenced by the popularity of bookstore cafes – local libraries have opened cafes where library patrons can eat and drink – in the library!  The Watertown Public Library has a cafe just inside the door lined with bookcases offering used books for sale.

Memorial Bricks at the Watertown Public Library

Outside the library the walkway paved with engraved bricks caught my eye.  The bricks were part of the fundraising for the library renovation.  For donations of $100 or more people could purchase a brick engraved with a message of their choice.  The bricks memorialize loved ones, pay tribute to teachers and library staff,  commemorate  book lovers – I think even a few pets are remembered here.

Here are a few of my favorite messages I came across on the bricks:

Reading Today Paves The Way. J Peschiers

Books Were My Life. I.V. Cvijanovic

John Hayward – WHS Exceptional History Teacher

For My Dear Mom Who Always Carried A Book

The Watertown Public Library is part of the Minuteman Library Network so if your town is too you can borrow books in Watertown.  Or just buy one – or a few – in the library cafe.

 The Watertown Public Library is located at 123 Main Street, Watertown, MA 02472

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Watertown Properties Sold In September 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 recap of  Watertown properties sold in September 2010.  Keep in mind that sales closed in September were properties that typically went under agreement in July or August. Judging by the numbers, real estate sales were slow in Watertown this summer.

Watertown Properties On the Market 

161 properties in Watertown were listed for sale in the MLS  on September 30, 2010 priced between $199,900 and $1,375,000.  Plenty of new listings came on for the fall market – our September tours of properties new to the market were marathons – two weeks in a row we visited more than 20 properties on tour.

Watertown Properties Sold In September 2010

13 Watertown properties sold in September 2010.  The median sales price in September 2010 was $365,000.  Average days on market for these  properties was 152.  Sales were down 60% from last September when 33 properties sold in Watertown.  
 
6 single family houses sold in September for sale prices from $275,000 to $653,000.  The median price paid was $447,000.  Average days on the market was 132.  Last month, Watertown houses sold for 94% of asking price on average.
 
6 Watertown condos sold in September 2010 for prices from $240,000 to $1,050,000.  The median sales price was $320,000.  Condos sold on average for 94% of the asking price and were on the market an average of 190 days.
 
Just one Watertown two-family house sold last month for $535,000.  The asking price was $539,900.

Total value of Watertown properties sold in September 2010 was $$5,857,000

 

See Also:

Watertown Home Sale Report – August 2010

Watertown Real Estate

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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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What’s Your Neighbor Reading?

Wondering what’s your neighbor reading?  

codIf your town has a “One Book” or a  “Community Reads” program you may be reading the same book.

Local libraries sponsor the programs and encourage townspeople to read the selected book.  Lectures and other events about the book’s subject are offered by the library and local groups.

Cambridge Reads has selected Cod: A Biography of the Fish That Changed the World.  Medford Reads also read Cod and had some excellent lectures related to the book.  Plans are in the works for a 2011 Medford Reads – keep an eye on the MPL website for details.

One Book One Watertown is reading March by Geraldine Brooks this Fall.  The novel explores the Civil War as seen through the imagined experiences of Mr. March, the absent father in Louisa May Alcott’s Little Women.  There are a number of events planned for September and October focusing on Alcott and on the Civil War.

One Book One Belmont has also chosen a book with a local focus:  Dark Tide: The Great Boston Molasses Flood of 1919 will be the 2011 One Book One Belmont (OBOB).  Author Stephen Puleo will speak in Belmont on March 24, 2011 and other events will be scheduled for February and March.

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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

 

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Watertown Homes Sold in June 2010

Welcome to the Watertown Homes Sold Report

Welcome to the Watertown Homes Sold Report

I’ve been looking forward to the June real estate sales numbers – just how big a bump did the homebuyer credit create?  Here’s a look at  Watertown homes sold in June 2010. 

Homes On the Market in Watertown

168 Watertown homes were listed for sale in the MLS  on June 30, 2010 priced between $174,900 and $1,575,000.  These homes had been on the market an average of 168 days. 

Watertown Homes Sold In June 2010

57 Watertown home sales closed in June 2010 as many buyers aimed to close by the end of the month to qualify for the homebuyer credit.  That’s a 78% increase over the same period in 2009 when 32 homes sold. The median sales price in June 2010 was $349,900. Homes were on the market an average of 66 days. 
 
8 single family homes sold in June for prices between $280,000 and $640,000.  The median price paid was $493,750.  Average days on market was just 35.
 
It was a big month for condo sales as 42 Watertown condominiums sold in June 2010 for prices from $170,000 to $832,500.  The median sales price was $320,000.  Condos sold on average for 97% of the asking price and were on the market an average of 76 days.
 
7 multi-family homes sold in June for  sales prices between $375,000 and $627,000.   These properties had been on the market an average of 40 days and sold for 99% of list price. 

Total value of Watertown homes sold in June 2010 was $$22,054,985

See Also:

Watertown Real Estate Sold in May 2010

Watertown Real Estate

 

Info about Watertown homes sold in June 2010 from MLSpin

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Watertown Real Estate Sold In May 2010

Welcome to the Watertown Real Estate Market Report

Welcome to the Watertown Real Estate Market Report

As the month comes to an end lets take a quick look back at Watertown real estate sold in May 2010. 

On the Market in Watertown

156 Watertown residential properties were listed for sale in the MLS  on May 31, 2010 priced between $180,000 and $1,785,000.  These homes had been on the market an average of 101 days.  That’s a 17% increase in inventory from this time last year when 129 homes were on the market. 

It does appear that some of the spring market sales were pushed into the earlier months of the year as buyers tried to take advantage of the credit. If inventory continues to grow there may be pressure on prices in some segments of the market.

Watertown Real Estate Sold In May 2010

33 Watertown properties sold in May 2010.  The median sales price in May 2010 was $363,000. Homes were on the market an average of 76 days. 
 
7 single family homes sold in May for prices between $135,000 and $879,000.  The median price paid was $569,000.  Average days on market was 77.
 
23 Watertown condominiums sold in May 2010 for prices from $195,000 to $550,000.  The median sales price was $320,000.  Condos sold on average for 97% of the asking price and were on the market an average of 84 days.
 
3 multi-family homes sold in May for  sales prices between $392,500 and $472,000.   These properties had been on the market an average of just 11 days and sold for 100 to 105% of list price.  Not bad!

Total value of Watertown real estate sold in May 2010 was $$12,726,994

See Also:

Watertown Real Estate Market – April 2010

Watertown Real Estate

 

Info about Watertown real estate sold in May 2010 from MLSpin

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