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Dwell360 has published this report on the residential real estate market statistics for 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, and 2004 for Watertown, Massachusetts. The market statistics include residential sales averages for single family homes, condominiums, and multifamily homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.
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Single Family, Condominiums, and Multifamily Homes
Year End 2013
Watertown, Massachusetts
Market Repor t
RangeNumber of Listing Sold
Days onthe Market
Average Sale Price
2 Bed $162,899 - $522,000 8 62 371,800$
3 Bed $325,000 - $850,000 73 36 491,474$
4 Bed $355,000 - $865,000 24 64 557,981$
5+ Bed $750,000 - $889,500 4 48 811,000$
Year % ChangeNumber of Listing Sold
Days onthe Market
Average Sale Price
2004 94 45 525,757$
2005 0.822% 96 61 530,077$
2006 -5.096% 73 83 503,062$
2007 -4.500% 93 90 480,424$
2008 -3.538% 75 82 463,428$
2009 -1.540% 79 61 456,293$
2010 3.656% 71 66 472,976$
2011 -1.543% 87 77 465,677$
2012 -4.228% 91 61 445,987$
2013 14.142% 109 44 509,060$
Source: MLSPIN, as of 02/07/2014
Watertown Statistics
Average Sale Price - Number of Bedrooms - 2013
Historical Average Sale Price - Past 10 Years
Single Family Homes
$525,757 $530,077
$503,062
$480,424
$463,428 $456,293
$472,976 $465,677
$445,987
$509,060
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Market stat ist ics
[email protected] | 617-299-1854
Single Family, 1/1/2013 - 12/31/2013
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$150,000 - $199,999 1 14 $162,899 $150,000 109 $150,000 109
$200,000 - $249,999 0 0 $0 $0 0 $0 0
$250,000 - $299,999 0 0 $0 $0 0 $0 0
$300,000 - $349,999 4 97 $335,750 $355,950 94 $384,700 87
$350,000 - $399,999 14 33 $375,564 $394,179 96 $398,043 95
$400,000 - $449,999 23 52 $428,039 $432,387 99 $439,170 98
$450,000 - $499,999 23 39 $472,485 $470,652 101 $474,739 100
$500,000 - $599,999 21 62 $541,176 $545,426 100 $563,331 98
$600,000 - $699,999 9 22 $629,056 $607,667 104 $610,433 103
$700,000 - $799,999 8 34 $735,313 $736,125 100 $739,875 100
$800,000 - $899,999 6 19 $850,500 $848,783 100 $848,783 100
Total Properties 109 44 $509,060 $511,622 100 $519,421 98
Source: MLSPIN, as of 02/07/2014
Price Range
Total Sold - Watertown, MA
RangeNumber of Listing Sold
Days onthe Market
Average Sale Price
1 Bed $147,000 - $370,000 43 42 255,436$
2 Bed $142,000 - $950,000 114 41 345,065$
3 Bed $254,000 - $742,000 79 40 446,292$
4-5 Bed $350,000 - $865,000 27 44 540,236$
Year % ChangeNumber of Listing Sold
Days onthe Market
Average Sale Price
2004 219 49 364,182$
2005 -0.519% 281 47 362,292$
2006 -3.900% 229 76 348,164$
2007 1.505% 307 78 353,403$
2008 0.711% 232 84 355,917$
2009 -6.973% 199 91 331,098$
2010 2.209% 179 121 338,411$
2011 -0.894% 154 108 335,385$
2012 0.877% 208 83 338,328$
2013 12.569% 263 41 380,854$
Source: MLSPIN, as of 02/11/2014
Watertown StatisticsCondominiums
Average Sale Price - Number of Bedrooms - 2013
Historical Average Sale Price - Past 10 Years
$364,182 $362,292
$348,164 $353,403 $355,917
$331,098 $338,411 $335,385 $338,328
$380,854
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Market stat ist ics
[email protected] | 617-299-1854
Condominiums, 1/1/2013 - 12/31/2013
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$100,000 - $149,999 2 236 $144,500 $164,450 88 $174,450 83
$150,000 - $199,999 10 54 $176,880 $182,310 97 $186,210 95
$200,000 - $249,999 23 31 $229,349 $233,464 98 $238,034 97
$250,000 - $299,999 28 53 $277,761 $282,889 98 $287,593 97
$300,000 - $349,999 52 42 $321,567 $322,698 100 $326,090 99
$350,000 - $399,999 61 31 $372,969 $371,166 101 $374,322 100
$400,000 - $449,999 27 31 $422,663 $418,211 101 $424,456 100
$450,000 - $499,999 18 33 $474,299 $475,668 100 $484,312 98
$500,000 - $599,999 23 50 $534,783 $532,909 100 $538,609 99
$600,000 - $699,999 13 56 $640,038 $654,738 98 $658,585 97
$700,000 - $799,999 2 50 $746,000 $767,000 97 $777,000 96
$800,000 - $899,999 3 51 $856,667 $883,333 97 $908,333 95
$900,000 - $999,999 1 31 $950,000 $999,000 95 $999,000 95
Total Properties 263 41 $380,854 $382,773 100 $387,583 98
Source: MLSPIN, as of 02/11/2014
Total Sold - Watertown, MA
Price Range
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Units $375,000 - $760,000 64 31 568,205$
3 Units $525,000 - $775,000 8 10 683,375$
4 Units $805,000 - $805,000 1 13 805,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2004 66 34 588,219$
2005 8.029% 74 50 635,450$
2006 -8.998% 76 64 578,274$
2007 -6.435% 53 71 541,062$
2008 -5.467% 60 120 511,481$
2009 -7.878% 43 75 471,184$
2010 2.371% 40 40 482,358$
2011 1.307% 69 89 488,664$
2012 6.842% 60 43 522,097$
2013 11.870% 73 28 584,070$
Source: MLSPIN, as of 02/11/2014
Watertown StatisticsMultifamily Homes
Average Sale Price - Number of Units in Building - 2013
Historical Average Sale Price - Past 10 Years
$588,219 $635,450
$578,274 $541,062
$511,481 $471,184 $482,358 $488,664
$522,097
$584,070
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Market stat ist ics
[email protected] | 617-299-1854
Multifamily Homes, 1/1/2013 - 12/31/2013
# of Avg. Days Average Average SP:LP Average SP:OP
Listings on Market Sale Price List Price Ratio Orig Price Ratio
$350,000 - $399,999 2 27 $386,000 $399,950 97 $412,500 94
$400,000 - $449,999 5 88 $433,900 $394,560 135 $412,940 131
$450,000 - $499,999 5 54 $479,980 $487,340 99 $493,340 97
$500,000 - $599,999 34 25 $553,168 $556,616 100 $560,175 99
$600,000 - $699,999 17 18 $654,176 $642,806 102 $643,983 102
$700,000 - $799,999 9 13 $729,111 $718,755 101 $718,755 101
$800,000 - $899,999 1 13 $805,000 $799,000 101 $799,000 101
Total Properties 73 28 $584,070 $579,861 103 $583,806 102
Source: MLSPIN, as of 02/11/2014
Total Sold - Watertown, MA
Price Range
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617-299-1854
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