Market Report Watertown, Massachusetts
Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 13
Watertown Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2013
2 Bed 3 Bed 4 Bed 5+ Bed
Range $162,899 - $522,000 $325,000 - $850,000 $355,000 - $865,000 $750,000 - $889,500
Number of Listing Sold 8 73 24 4
Days on the Market 62 36 64 48
Average Sale Price $ 371,800 $ 491,474 $ 557,981 $ 811,000
Historical Average Sale Price - Past 10 Years % Change
Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
0.822% -5.096% -4.500% -3.538% -1.540% 3.656% -1.543% -4.228% 14.142%
Number of Listing Sold 94 96 73 93 75 79 71 87 91 109
Days on the Market 45 61 83 90 82 61 66 77 61 44
Average Sale Price $ 525,757 $ 530,077 $ 503,062 $ 480,424 $ 463,428 $ 456,293 $ 472,976 $ 465,677 $ 445,987 $ 509,060
$525,757 $530,077 $509,060
$503,062 $480,424 $463,428
$472,976 $456,293
$465,677 $445,987
2004
2005
2006
Source: MLSPIN, as of 02/07/2014
2007
2008
2009
2010
2011
2012
2013
Market statistics
Total Sold - Watertown, MA Single Family, 1/1/2013 - 12/31/2013
Price Range $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999
Total Properties
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
1 0 0 4 14 23 23 21 9 8 6
14 0 0 97 33 52 39 62 22 34 19
$162,899 $0 $0 $335,750 $375,564 $428,039 $472,485 $541,176 $629,056 $735,313 $850,500
$150,000 $0 $0 $355,950 $394,179 $432,387 $470,652 $545,426 $607,667 $736,125 $848,783
109 0 0 94 96 99 101 100 104 100 100
$150,000 $0 $0 $384,700 $398,043 $439,170 $474,739 $563,331 $610,433 $739,875 $848,783
109 0 0 87 95 98 100 98 103 100 100
109
44
$509,060
$511,622
100
$519,421
98
Source: MLSPIN, as of 02/07/2014
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Watertown Statistics Condominiums Average Sale Price - Number of Bedrooms - 2013
1 Bed 2 Bed 3 Bed 4-5 Bed
Range $147,000 - $370,000 $142,000 - $950,000 $254,000 - $742,000 $350,000 - $865,000
Number of Listing Sold 43 114 79 27
Days on the Market 42 41 40 44
Average Sale Price $ 255,436 $ 345,065 $ 446,292 $ 540,236
Historical Average Sale Price - Past 10 Years % Change
Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
-0.519% -3.900% 1.505% 0.711% -6.973% 2.209% -0.894% 0.877% 12.569%
Number of Listing Sold 219 281 229 307 232 199 179 154 208 263
Days on the Market 49 47 76 78 84 91 121 108 83 41
Average Sale Price $ 364,182 $ 362,292 $ 348,164 $ 353,403 $ 355,917 $ 331,098 $ 338,411 $ 335,385 $ 338,328 $ 380,854 $380,854
$364,182 $362,292
$348,164
$353,403 $355,917
$331,098
2004
2005
2006
Source: MLSPIN, as of 02/11/2014
2007
2008
2009
$338,411 $335,385 $338,328
2010
2011
2012
2013
Market statistics
Total Sold - Watertown, MA Condominiums, 1/1/2013 - 12/31/2013
Price Range $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999
Total Properties
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
2 10 23 28 52 61 27 18 23 13 2 3 1
236 54 31 53 42 31 31 33 50 56 50 51 31
$144,500 $176,880 $229,349 $277,761 $321,567 $372,969 $422,663 $474,299 $534,783 $640,038 $746,000 $856,667 $950,000
$164,450 $182,310 $233,464 $282,889 $322,698 $371,166 $418,211 $475,668 $532,909 $654,738 $767,000 $883,333 $999,000
88 97 98 98 100 101 101 100 100 98 97 97 95
$174,450 $186,210 $238,034 $287,593 $326,090 $374,322 $424,456 $484,312 $538,609 $658,585 $777,000 $908,333 $999,000
83 95 97 97 99 100 100 98 99 97 96 95 95
263
41
$380,854
$382,773
100
$387,583
98
Source: MLSPIN, as of 02/11/2014
SERVICE@DWELL360.Com | 617-299-1854
Watertown Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2013 Range $375,000 - $760,000 $525,000 - $775,000 $805,000 - $805,000
2 Units 3 Units 4 Units
Number of Listing Sold 64 8 1
Days on the Market 31 10 13
Average Sale Price $ 568,205 $ 683,375 $ 805,000
Historical Average Sale Price - Past 10 Years Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 $588,219
2004
% Change 8.029% -8.998% -6.435% -5.467% -7.878% 2.371% 1.307% 6.842% 11.870%
Number of Listing Sold 66 74 76 53 60 43 40 69 60 73
Days on the Market 34 50 64 71 120 75 40 89 43 28
Average Sale Price $ 588,219 $ 635,450 $ 578,274 $ 541,062 $ 511,481 $ 471,184 $ 482,358 $ 488,664 $ 522,097 $ 584,070
$635,450 $578,274
2005
2006
$541,062
2007
Source: MLSPIN, as of 02/11/2014
$584,070 $511,481
2008
$471,184 $482,358 $488,664
2009
2010
2011
$522,097
2012
2013
Market statistics
Total Sold - Watertown, MA Multifamily Homes, 1/1/2013 - 12/31/2013
Price Range $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999
Total Properties
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
2 5 5 34 17 9 1
27 88 54 25 18 13 13
$386,000 $433,900 $479,980 $553,168 $654,176 $729,111 $805,000
$399,950 $394,560 $487,340 $556,616 $642,806 $718,755 $799,000
97 135 99 100 102 101 101
$412,500 $412,940 $493,340 $560,175 $643,983 $718,755 $799,000
94 131 97 99 102 101 101
73
28
$584,070
$579,861
103
$583,806
102
Source: MLSPIN, as of 02/11/2014
SERVICE@DWELL360.Com | 617-299-1854
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