Market Report Watertown, Massachusetts
Single Family, Condominiums, and Multifamily Homes Y e a r E n d 2 0 12
Watertown Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2012 Number of Range Listing Sold 2 Bed $203,000 - $400,000 5 3 Bed $249,900 - $1,063,000 53 4 Bed $325,000 - $820,000 23 5+ Bed $451,000 - $800,000 9
Days on the Market 52 53 78 54
Average Sale Price $ 301,800 $ 419,114 $ 487,548 $ 596,722
Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
% Change 15.570% 0.822% -5.096% -4.500% -3.538% -1.540% 3.656% -1.543% -3.829%
Number of Listing Sold 101 94 96 73 93 75 79 71 87 90
Days on the Market 66 45 61 83 90 82 61 66 77 59
Average Sale Price $ 454,926 $ 525,757 $ 530,077 $ 503,062 $ 480,424 $ 463,428 $ 456,293 $ 472,976 $ 465,677 $ 447,846
$525,757 $530,077 $503,062 $480,424
$454,926
2003
$472,976 $463,428
2004
2005
2006
Source: MLSPIN, as of 01/23/2013
2007
2008
$456,293
2009
$465,677
$447,846
2010
2011
2012
Market statistics
Total Sold - Watertown, MA Single Family, 1/1/2012 - 12/31/2012
# of
Price Range $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 $1,000,000 - $1,499,999
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
2 4 9 18 19 19 10 4 2 2 0 1
23 69 63 48 84 46 45 77 24 34 0 253
$226,450 $277,125 $321,644 $375,019 $420,021 $468,932 $553,750 $635,750 $723,000 $810,000 $0 $1,063,000
$234,600 $304,750 $330,711 $383,911 $433,863 $481,179 $567,170 $646,475 $737,500 $862,450 $0 $1,147,000
96 91 98 98 97 98 98 98 98 94 0 93
$249,450 $304,750 $331,156 $386,967 $448,653 $485,389 $584,680 $666,725 $737,500 $862,450 $0 $1,395,000
91 91 98 97 94 97 95 96 98 94 0 76
90
59
$447,846
$461,837
97
$472,434
95
Source: MLSPIN, as of 01/23/2013
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Watertown Statistics Condominiums Average Sale Price - Number of Bedrooms - 2012 Number of Range Listing Sold 1 Bed $116,000 - $342,000 34 2 Bed $164,500 - $710,000 107 3 Bed $290,000 - $1,000,000 57 4-5 Bed $300,000 - $520,000 10
Days on the Market 84 87 78 65
Average Sale Price $ 253,774 $ 309,121 $ 426,984 $ 433,000
Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
% Change 10.321% -0.519% -3.900% 1.505% 0.711% -6.973% 2.209% -0.894% 0.877%
Number of Listing Sold 182 219 281 229 307 232 199 179 154 208
Days on the Market 52 49 47 76 78 84 91 121 108 83
Average Sale Price $ 330,112 $ 364,182 $ 362,292 $ 348,164 $ 353,403 $ 355,917 $ 331,098 $ 338,411 $ 335,385 $ 338,328
$364,182 $362,292 $353,403
$355,917
$348,164
$338,411
$338,328
$331,098
$330,112
2003
$335,385
2004
2005
2006
Source: MLSPIN, as of 01/23/2013
2007
2008
2009
2010
2011
2012
Market statistics
Total Sold - Watertown, MA Condominiums, 1/1/2012 - 12/31/2012
# of
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 $1,000,000 - $1,499,999
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
1 11 18 48 57 42 10 9 5 2 2 2 0 1
7 126 125 75 72 62 50 45 52 414 214 231 0 474
$116,000 $175,373 $224,133 $274,569 $327,839 $376,083 $419,720 $475,028 $541,500 $631,875 $726,250 $867,500 $0 $1,000,000
$139,000 $182,954 $233,767 $281,102 $334,736 $383,946 $428,050 $475,344 $556,780 $647,450 $739,450 $924,000 $0 $1,075,000
83 96 96 98 98 98 98 100 98 98 98 94 0 93
$139,000 $193,863 $241,933 $285,588 $338,668 $387,430 $431,180 $479,244 $561,580 $659,450 $779,000 $924,000 $0 $1,190,000
83 91 94 96 97 97 97 99 97 97 93 94 0 84
208
83
$338,328
$346,621
98
$352,204
96
Source: MLSPIN, as of 01/23/2013
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Watertown Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2012
2 Units 3 Units
Range $245,000 - $728,000 $430,000 - $665,000
Number of Listing Sold 51 9
Days on the Market 44 42
Average Sale Price $ 515,849 $ 557,500
Historical Average Sale Price - Past 10 Years Year 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
% Change 3.103% 8.029% -8.998% -6.435% -5.467% -7.878% 2.371% 1.307% 6.842%
Number of Listing Sold 46 66 74 76 53 60 43 40 69 60
Days on the Market 40 34 50 64 71 120 75 40 89 43
Average Sale Price $ 570,518 $ 588,219 $ 635,450 $ 578,274 $ 541,062 $ 511,481 $ 471,184 $ 482,358 $ 488,664 $ 522,097
$635,450 $570,518$588,219
2003
2004
$578,274
2005
2006
Source: MLSPIN, as of 01/23/2013
$541,062
2007
$511,481
2008
$471,184 $482,358 $488,664
2009
2010
2011
$522,097
2012
Market statistics
Total Sold - Watertown, MA Multifamily Homes, 1/1/2012 - 12/31/2012
# of
Price Range $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
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
1 0 2 1 11 6 28 9 2
104 0 32 21 72 46 38 17 59
$245,000 $0 $312,500 $370,000 $422,668 $485,333 $551,592 $626,878 $719,000
$249,900 $0 $354,950 $399,000 $423,718 $497,650 $555,007 $632,500 $749,500
98 0 88 93 101 98 100 100 96
$315,000 $0 $374,950 $399,000 $446,718 $510,150 $557,864 $632,500 $749,500
78 0 84 93 97 96 100 100 96
60
43
$522,097
$528,955
99
$537,507
98
Source: MLSPIN, as of 01/23/2013
SERVICE@DWELL360.Com | 617-299-1854
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