Market Report Watertown, Massachusetts
Single Family, Condominium, and Multifamily Homes Y e a r E n d 2 0 14
Watertown Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014 Number of Range Listing Sold 2 Bed $300,000 - $622,500 9 3 Bed $390,000 - $1,060,000 47 4 Bed $420,000 - $950,000 25 5+ Bed $450,000 - $1,227,500 10
Days on the Market 43 35 46 27
Average Sale Price $ 419,389 $ 538,052 $ 603,730 $ 804,850
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -5.096% -4.500% -3.538% -1.540% 3.656% -1.543% -4.228% 14.142% 12.694%
$530,077 $503,062 $480,424
2005
2006
2007
Number of Listing Sold 96 73 93 75 79 71 87 91 109 91
Days on the Market 61 83 90 82 61 66 77 61 44 38
Average Sale Price $ 530,077 $ 503,062 $ 480,424 $ 463,428 $ 456,293 $ 472,976 $ 465,677 $ 445,987 $ 509,060 $ 573,678
$573,678 $463,428 $456,293 $472,976 $465,677 $445,987
2008
Source: MLSPIN, as of 01/16/2015
2009
2010
2011
2012
$509,060
2013
2014
Market statistics
Total Sold - Watertown, MA Single Family, 1/1/2014 - 12/31/2014
# of
Price Range $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 on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
3 1 13 18 25 14 9 2 3 3
46 17 66 32 45 29 28 12 4 6
$321,000 $390,000 $418,031 $466,873 $545,148 $626,742 $754,778 $827,000 $925,333 $1,129,167
$346,267 $379,900 $426,738 $458,922 $540,608 $623,629 $748,978 $814,000 $907,967 $1,061,667
93 103 98 102 101 101 101 102 102 107
$356,267 $379,900 $440,600 $463,644 $546,408 $629,200 $748,978 $814,000 $907,967 $1,061,667
90 103 95 101 100 100 101 102 102 107
91
38
$573,678
$568,688
101
$574,382
100
Source: MLSPIN, as of 01/16/2015
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Watertown Statistics Condominiums Average Sale Price - Number of Bedrooms - 2014 Number of Range Listing Sold 0-1 Bed $150,000 - $975,000 35 2 Bed $200,000 - $705,000 133 3 Bed $328,000 - $1,225,000 65 4-5 Bed $380,000 - $1,400,000 25
Days on the Market 41 43 44 43
Average Sale Price $ 308,294 $ 365,677 $ 506,036 $ 591,776
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -3.900% 1.505% 0.711% -6.973% 2.209% -0.894% 0.877% 12.569% 9.009%
Number of Listing Sold 281 229 307 232 199 179 154 208 263 258
Days on the Market 47 76 78 84 91 121 108 83 41 43
Average Sale Price $ 362,292 $ 348,164 $ 353,403 $ 355,917 $ 331,098 $ 338,411 $ 335,385 $ 338,328 $ 380,854 $ 415,164 $415,164
$362,292$348,164 $353,403 $355,917
2005
2006
2007
2008
Source: MLSPIN, as of 01/16/2015
$380,854 $331,098 $338,411 $335,385 $338,328
2009
2010
2011
2012
2013
2014
Market statistics
Total Sold - Watertown, MA Condominiums, 1/1/2014 - 12/31/2014
# of
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 $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
4 13 26 58 38 45 23 26 10 7 5 1 2
15 72 42 45 33 37 36 32 53 60 66 284 139
$174,000 $229,965 $280,458 $322,128 $375,039 $422,484 $469,250 $545,674 $639,690 $732,357 $816,900 $975,000 $1,312,500
$178,000 $238,354 $282,800 $323,956 $371,168 $416,327 $453,039 $540,485 $646,920 $744,843 $827,700 $975,000 $1,312,500
98 96 99 100 101 102 104 101 99 98 99 100 100
$178,000 $247,515 $284,450 $327,016 $373,737 $419,838 $456,517 $541,023 $651,970 $744,843 $827,700 $1,249,000 $1,375,000
98 93 99 99 101 101 103 101 98 98 99 78 95
258
43
$415,164
$413,512
100
$417,925
100
Source: MLSPIN, as of 01/16/2015
SERVICE@DWELL360.Com | 617-299-1854
Watertown Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2014
2 Units 3 Units 4 Units
Range $315,000 - $825,000 $575,000 - $960,000 $1,025,000
Number of Listing Sold 58 10 1
Days on the Market 42 49 13
Average Sale Price $ 617,133 $ 740,200 $ 1,025,000
Historical Average Sale Price - Past 10 Years % Change
Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
-8.998% -6.435% -5.467% -7.878% 2.371% 1.307% 6.842% 11.870% 9.727%
$635,450 $578,274
2005
2006
Number of Listing Sold 74 76 53 60 43 40 69 60 73 69
Days on the Market 50 64 71 120 75 40 89 43 28 42
Average Sale Price $ 635,450 $ 578,274 $ 541,062 $ 511,481 $ 471,184 $ 482,358 $ 488,664 $ 522,097 $ 584,070 $ 640,880 $640,880
$541,062
2007
$584,070
$511,481
2008
Source: MLSPIN, as of 01/16/2015
$471,184 $482,358 $488,664
2009
2010
2011
$522,097
2012
2013
2014
Market statistics
Total Sold - Watertown, MA Multifamily Homes, 1/1/2014 - 12/31/2014
# of
Price Range $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 0 2 4 20 22 14 3 2 1
150 0 27 73 67 29 21 29 31 13
$315,000 $0 $432,500 $472,250 $559,520 $645,923 $743,107 $808,333 $948,750 $1,025,000
$335,000 $0 $469,500 $486,725 $579,075 $645,568 $732,321 $774,633 $917,000 $929,000
94 0 93 97 97 100 102 104 104 110
$350,000 $0 $469,500 $499,225 $586,525 $650,200 $737,321 $774,633 $917,000 $929,000
90 0 93 95 96 100 101 104 104 110
69
42
$640,880
$642,671
100
$648,264
99
Source: MLSPIN, as of 01/16/2015
SERVICE@DWELL360.Com | 617-299-1854
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