Watertown, MA Area Market Review 2020 vs. 2019 As of September 16, 2020 Prepared by Colleen Barry on Wednesday, September 16, 2020
Single Family Listing Inventory on September 16
2019
2020
Var.
Var. %
Listing Units
13
15
2
15.38%
Median Days on Market
29
35
6
20.69%
Median List Price
$695,000.00
$799,000.00
$104,000.00
14.96%
Median List $ / SqFt
$411.18
$470.36
$59.18
14.39%
Approximate Absorption Rate
62.82%
51.11%
-11.71%
-18.64%
Approximate Months Supply of Inventory
1.59
1.96
0.37
23.27%
Listed (Year to Date)
2019
2020
Var.
Var. %
Listing Units (Taken)
102
95
-7
-6.86%
Median Original List Price
$704,500.00
$774,999.00
$70,499.00
10.01%
Median Original List $ / SqFt
$413.17
$452.81
$39.64
9.59%
Went Pending (Year to Date)
2019
2020
Var.
Var. %
Listing Units (Went Pending)
84
74
-10
-11.90%
Median List Price
$699,250.00
$719,000.00
$19,750.00
2.82%
Median List $ / SqFt
$406.20
$428.17
$21.97
5.41%
Median Days to Offer
9
6
-3
-33.33%
Listed & Price Changed (Year to Date)
2019
2020
Var.
Var. %
Listing Units (Price Changed)
26
23
-3
-11.54%
Median Original List Price
$752,400.00
$799,000.00
$46,600.00
6.19%
Median Original List $ / SqFt
$430.83
$464.36
$33.53
7.78%
Sold (Year to Date)
2019
2020
Var.
Var. %
Closed Units (Sold)
71
62
-9
-12.68%
Median Days on Market
20
19
-1
-5%
Median Days to Offer
10
8
-2
-20%
Median Sale Price
$735,000.00
$712,500.00
-$22,500.00
-3.06%
Median Sale $ / SqFt
$397.90
$419.36
$21.46
5.39%
Median List Price
$699,000.00
$712,450.00
$13,450.00
1.92%
Median List $ / SqFt
$399.57
$425.66
$26.09
6.53%
Median Original List Price
$699,000.00
$714,500.00
$15,500.00
2.22%
Median Original List $ / SqFt
$409.00
$428.17
$19.17
4.69%
Median Sale Price as % of List Price
99.35%
100%
0.65%
0.65%
Median Sale Price as % of Original List Price
99.15%
100%
0.85%
0.86%
Median Sale Price as % of Assessed Price
N/A
115.96%
N/A
N/A
Sold Units - Short Sale
0
0
0
0%
Sold Units - Lender-Owned
0
0
0
0%
12-Month Activity as of September 16
2019
2020
Var.
Var. %
Units Listed
130
118
-12
-9.23%
Units Price Changed
34
31
-3
-8.82%
Units Went Pending
108
101
-7
-6.48%
Units Sold
98
92
-6
-6.12%
Trend
Trend
Trend
Trend
Trend
Trend
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 2020 vs. 2019 As of September 16, 2020 Prepared by Colleen Barry on Wednesday, September 16, 2020
Condominium Listing Inventory on September 16
2019
2020
Var.
Var. %
Listing Units
44
44
0
0%
Median Days on Market
41
20
-21
-51.22%
Median List Price
$619,500.00
$599,450.00
-$20,050.00
-3.24%
Median List $ / SqFt
$442.04
$445.16
$3.12
0.71%
Approximate Absorption Rate
46.02%
45.64%
-0.38%
-0.83%
Approximate Months Supply of Inventory
2.17
2.19
0.02
0.92%
Listed (Year to Date)
2019
2020
Var.
Var. %
Listing Units (Taken)
279
244
-35
-12.54%
Median Original List Price
$625,000.00
$589,700.00
-$35,300.00
-5.65%
Median Original List $ / SqFt
$417.67
$453.65
$35.98
8.61%
Went Pending (Year to Date)
2019
2020
Var.
Var. %
Listing Units (Went Pending)
214
196
-18
-8.41%
Median List Price
$599,000.00
$578,950.00
-$20,050.00
-3.35%
Median List $ / SqFt
$406.28
$443.53
$37.25
9.17%
Median Days to Offer
8
7
-1
-12.50%
Listed & Price Changed (Year to Date)
2019
2020
Var.
Var. %
Listing Units (Price Changed)
73
47
-26
-35.62%
Median Original List Price
$689,000.00
$599,000.00
-$90,000.00
-13.06%
Median Original List $ / SqFt
$426.45
$480.17
$53.72
12.60%
Sold (Year to Date)
2019
2020
Var.
Var. %
Closed Units (Sold)
194
173
-21
-10.82%
Median Days on Market
20
20
0
0%
Median Days to Offer
8
7
-1
-12.50%
Median Sale Price
$597,500.00
$580,000.00
-$17,500.00
-2.93%
Median Sale $ / SqFt
$404.99
$444.92
$39.93
9.86%
Median List Price
$589,900.00
$575,000.00
-$14,900.00
-2.53%
Median List $ / SqFt
$403.29
$443.40
$40.11
9.95%
Median Original List Price
$597,000.00
$579,900.00
-$17,100.00
-2.86%
Median Original List $ / SqFt
$407.00
$447.17
$40.17
9.87%
Median Sale Price as % of List Price
100%
100%
0%
0%
Median Sale Price as % of Original List Price
100%
100%
0%
0%
Median Sale Price as % of Assessed Price
N/A
N/A
N/A
N/A
Sold Units - Short Sale
0
0
0
0%
Sold Units - Lender-Owned
0
0
0
0%
12-Month Activity as of September 16
2019
2020
Var.
Var. %
Units Listed
330
315
-15
-4.55%
Units Price Changed
91
62
-29
-31.87%
Units Went Pending
266
266
0
0%
Units Sold
243
241
-2
-0.82%
Trend
Trend
Trend
Trend
Trend
Trend
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 2020 vs. 2019 As of September 16, 2020 Prepared by Colleen Barry on Wednesday, September 16, 2020
Single Family
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 2020 vs. 2019 As of September 16, 2020 Prepared by Colleen Barry on Wednesday, September 16, 2020
Condominium
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