Watertown, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Single Family Listing Inventory on October 28
2016
2017
2018
2019
2020
Listing Units
10
14
11
13
9
Average Days on Market
31
45
35
46
68
Average List Price
$811,989.90
$853,542.86
$1,001,063.64
$774,615.31
$899,055.56
Average List $ / SqFt
$373.36
$350.01
$398.48
$421.13
$424.99
Approximate Absorption Rate
75.83%
51.79%
73.48%
69.23%
83.33%
Approximate Months Supply of Inventory
1.32
1.93
1.36
1.44
1.20
Listed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Taken)
102
103
107
118
112
Average Original List Price
$685,316.67
$722,931.76
$785,283.15
$762,255.06
$844,639.18
Average Original List $ / SqFt
$360.45
$367.35
$386.01
$413.73
$447.67
Went Pending (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Went Pending)
93
86
94
97
88
Average List Price
$656,823.66
$692,140.38
$727,237.10
$737,978.34
$764,832.82
Average List $ / SqFt
$352.34
$370.88
$383.67
$404.24
$436.37
Average Days to Offer
21
17
17
19
18
Listed & Price Changed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Price Changed)
19
20
17
31
30
Average Original List Price
$734,347.37
$766,604.25
$755,747.06
$834,151.58
$928,866.60
Average Original List $ / SqFt
$381.01
$353.37
$392.34
$423.69
$457.51
Sold (Year to Date)
2016
2017
2018
2019
2020
Closed Units (Sold)
78
69
80
88
78
Average Days on Market
32
25
26
30
31
Average Days to Offer
22
17
17
20
22
Average Sale Price
$678,238.46
$662,194.93
$764,113.50
$748,255.20
$768,366.67
Average Sale $ / SqFt
$357.81
$387.60
$390.61
$403.51
$426.82
Average List Price
$663,428.19
$644,624.25
$752,592.34
$747,725.00
$764,388.45
Average List $ / SqFt
$350.26
$377.66
$384.33
$403.07
$423.07
Average Original List Price
$671,914.09
$649,683.67
$763,299.95
$763,884.09
$773,966.65
Average Original List $ / SqFt
$354.92
$380.61
$390.02
$410.73
$428.44
Average Sale Price as % of List Price
102.25%
102.70%
101.80%
100.18%
100.80%
Average Sale Price as % of Original List Price
101.09%
101.91%
100.52%
98.40%
99.66%
Average Sale Price as % of Assessed Price
N/A
130.54%
134.08%
N/A
586.25%
Sold Units - Short Sale
0
0
0
0
0
Sold Units - Lender-Owned
1
0
1
0
0
12-Month Activity as of October 28
2016
2017
2018
2019
2020
Units Listed
108
110
115
126
119
Units Price Changed
21
22
18
33
30
Units Went Pending
99
99
108
109
103
Units Sold
91
87
97
108
90
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Watertown, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Condominium Listing Inventory on October 28
2016
2017
2018
2019
2020
Listing Units
24
22
36
37
49
Average Days on Market
54
54
52
74
49
Average List Price
$566,312.50
$591,913.59
$654,638.89
$729,411.76
$632,187.76
Average List $ / SqFt
$363.54
$393.08
$403.42
$410.13
$437.87
Approximate Absorption Rate
87.15%
81.82%
46.53%
56.53%
41.67%
Approximate Months Supply of Inventory
1.15
1.22
2.15
1.77
2.40
Listed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Taken)
246
212
256
321
294
Average Original List Price
$499,673.29
$553,314.80
$589,050.18
$647,915.04
$641,154.05
Average Original List $ / SqFt
$362.43
$384.24
$417.89
$428.86
$458.39
Went Pending (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Went Pending)
226
199
195
252
229
Average List Price
$486,544.51
$557,809.99
$565,489.23
$605,467.47
$604,362.41
Average List $ / SqFt
$355.27
$381.16
$411.81
$421.86
$446.61
Average Days to Offer
22
21
19
24
23
Listed & Price Changed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Price Changed)
50
38
70
87
78
Average Original List Price
$610,065.28
$591,460.21
$627,133.54
$700,213.67
$660,301.27
Average Original List $ / SqFt
$374.65
$399.52
$413.59
$437.14
$477.31
Sold (Year to Date)
2016
2017
2018
2019
2020
Closed Units (Sold)
204
176
165
218
201
Average Days on Market
36
29
27
37
39
Average Days to Offer
22
19
19
25
24
Average Sale Price
$483,082.35
$560,083.23
$579,752.65
$613,153.16
$599,278.56
Average Sale $ / SqFt
$362.68
$393.11
$428.10
$415.12
$441.48
Average List Price
$473,593.13
$547,952.81
$564,333.94
$609,925.28
$598,752.20
Average List $ / SqFt
$353.92
$382.39
$415.53
$412.61
$440.32
Average Original List Price
$479,174.53
$551,898.77
$566,170.18
$616,776.61
$604,705.93
Average Original List $ / SqFt
$357.49
$385.36
$416.47
$417.07
$444.60
Average Sale Price as % of List Price
102.47%
102.79%
103.04%
100.71%
100.31%
Average Sale Price as % of Original List Price
101.54%
102.13%
107.34%
99.69%
99.40%
Average Sale Price as % of Assessed Price
N/A
N/A
N/A
N/A
N/A
Sold Units - Short Sale
0
0
0
0
0
Sold Units - Lender-Owned
0
0
1
0
0
12-Month Activity as of October 28
2016
2017
2018
2019
2020
Units Listed
267
244
269
333
323
Units Price Changed
56
48
71
90
83
Units Went Pending
257
228
216
271
261
Units Sold
251
216
201
251
245
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Watertown, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Single Family
Solds / Year
2016
2017
2018
2019
2020
List Price
$663,428.19
$644,624.25
$752,592.34
$747,725.00
$764,388.45
Original List Price
$671,914.09
$649,683.67
$763,299.95
$763,884.09
$773,966.65
Sale Price
$678,238.46
$662,194.93
$764,113.50
$748,255.20
$768,366.67
Solds / Year
2016
2017
2018
2019
2020
List $ / SqFt
$350.26
$377.66
$384.33
$403.07
$423.07
Orig. List $ / SqFt
$354.92
$380.61
$390.02
$410.73
$428.44
Sale $ / SqFt
$357.81
$387.60
$390.61
$403.51
$426.82
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Watertown, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Single Family
Solds / Year
2016
2017
2018
2019
2020
Days on Market
32
25
26
30
31
Days to Offer
22
17
17
20
22
Category / Year
2016
2017
2018
2019
2020
Units Sold
78
69
80
88
78
Units Price Changed
19
20
17
31
30
102
103
107
118
112
93
86
94
97
88
2016
2017
2018
2019
2020
108
110
115
126
119
Units Price Changed
21
22
18
33
30
Units Sold
91
87
97
108
90
Units Went Pending
99
99
108
109
103
Units Taken Units Went Pending
Category / Year Units Listed
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Watertown, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Condominium
Solds / Year
2016
2017
2018
2019
2020
List Price
$473,593.13
$547,952.81
$564,333.94
$609,925.28
$598,752.20
Original List Price
$479,174.53
$551,898.77
$566,170.18
$616,776.61
$604,705.93
Sale Price
$483,082.35
$560,083.23
$579,752.65
$613,153.16
$599,278.56
Solds / Year
2016
2017
2018
2019
2020
List $ / SqFt
$353.92
$382.39
$415.53
$412.61
$440.32
Orig. List $ / SqFt
$357.49
$385.36
$416.47
$417.07
$444.60
Sale $ / SqFt
$362.68
$393.11
$428.10
$415.12
$441.48
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Watertown, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Condominium
Solds / Year
2016
2017
2018
2019
2020
Days on Market
36
29
27
37
39
Days to Offer
22
19
19
25
24
2016
2017
2018
2019
2020
204
176
165
218
201
50
38
70
87
78
Units Taken
246
212
256
321
294
Units Went Pending
226
199
195
252
229
2016
2017
2018
2019
2020
267
244
269
333
323
Category / Year Units Sold Units Price Changed
Category / Year Units Listed Units Price Changed
56
48
71
90
83
Units Sold
251
216
201
251
245
Units Went Pending
257
228
216
271
261
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF