watertown real estate market data - dwell360
DESCRIPTION
Dwell360 has published this report on the residential real estate market statistics for 2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, and 2005 for Watertown, Massachusetts. The market statistics include residential sales averages for single family, condominium, and multifamily homes. Review the information presented by the Massachusetts boutique real estate brokerage Dwell360 based in Newton.TRANSCRIPT
Single Family, Condominium, and Multifamily Homes
Year End 2014
Watertown, Massachusetts
Market Repor t
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Bed $300,000 - $622,500 9 43 419,389$
3 Bed $390,000 - $1,060,000 47 35 538,052$
4 Bed $420,000 - $950,000 25 46 603,730$
5+ Bed $450,000 - $1,227,500 10 27 804,850$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 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$
2014 12.694% 91 38 573,678$
Source: MLSPIN, as of 01/16/2015
Watertown Statistics
Average Sale Price - Number of Bedrooms - 2014
Historical Average Sale Price - Past 10 Years
Single Family Homes
$530,077 $503,062 $480,424 $463,428 $456,293 $472,976 $465,677 $445,987
$509,060
$573,678
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Single Family, 1/1/2014 - 12/31/2014
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$300,000 - $349,999 3 46 $321,000 $346,267 93 $356,267 90
$350,000 - $399,999 1 17 $390,000 $379,900 103 $379,900 103
$400,000 - $449,999 13 66 $418,031 $426,738 98 $440,600 95
$450,000 - $499,999 18 32 $466,873 $458,922 102 $463,644 101
$500,000 - $599,999 25 45 $545,148 $540,608 101 $546,408 100
$600,000 - $699,999 14 29 $626,742 $623,629 101 $629,200 100
$700,000 - $799,999 9 28 $754,778 $748,978 101 $748,978 101
$800,000 - $899,999 2 12 $827,000 $814,000 102 $814,000 102
$900,000 - $999,999 3 4 $925,333 $907,967 102 $907,967 102
$1,000,000 - $1,499,999 3 6 $1,129,167 $1,061,667 107 $1,061,667 107
Total Properties 91 38 $573,678 $568,688 101 $574,382 100
Source: MLSPIN, as of 01/16/2015
Price Range
Total Sold - Watertown, MA
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
0-1 Bed $150,000 - $975,000 35 41 308,294$
2 Bed $200,000 - $705,000 133 43 365,677$
3 Bed $328,000 - $1,225,000 65 44 506,036$
4-5 Bed $380,000 - $1,400,000 25 43 591,776$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 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$
2014 9.009% 258 43 415,164$
Source: MLSPIN, as of 01/16/2015
Watertown StatisticsCondominiums
Average Sale Price - Number of Bedrooms - 2014
Historical Average Sale Price - Past 10 Years
$362,292 $348,164 $353,403 $355,917 $331,098 $338,411 $335,385 $338,328
$380,854 $415,164
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Condominiums, 1/1/2014 - 12/31/2014
# 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 4 15 $174,000 $178,000 98 $178,000 98
$200,000 - $249,999 13 72 $229,965 $238,354 96 $247,515 93
$250,000 - $299,999 26 42 $280,458 $282,800 99 $284,450 99
$300,000 - $349,999 58 45 $322,128 $323,956 100 $327,016 99
$350,000 - $399,999 38 33 $375,039 $371,168 101 $373,737 101
$400,000 - $449,999 45 37 $422,484 $416,327 102 $419,838 101
$450,000 - $499,999 23 36 $469,250 $453,039 104 $456,517 103
$500,000 - $599,999 26 32 $545,674 $540,485 101 $541,023 101
$600,000 - $699,999 10 53 $639,690 $646,920 99 $651,970 98
$700,000 - $799,999 7 60 $732,357 $744,843 98 $744,843 98
$800,000 - $899,999 5 66 $816,900 $827,700 99 $827,700 99
$900,000 - $999,999 1 284 $975,000 $975,000 100 $1,249,000 78
$1,000,000 - $1,499,999 2 139 $1,312,500 $1,312,500 100 $1,375,000 95
Total Properties 258 43 $415,164 $413,512 100 $417,925 100
Source: MLSPIN, as of 01/16/2015
Total Sold - Watertown, MA
Price Range
Range
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2 Units $315,000 - $825,000 58 42 617,133$
3 Units $575,000 - $960,000 10 49 740,200$
4 Units $1,025,000 1 13 1,025,000$
Year % Change
Number of
Listing Sold
Days on
the Market
Average
Sale Price
2005 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$
2014 9.727% 69 42 640,880$
Source: MLSPIN, as of 01/16/2015
Watertown StatisticsMultifamily Homes
Average Sale Price - Number of Units in Building - 2014
Historical Average Sale Price - Past 10 Years
$635,450 $578,274
$541,062 $511,481
$471,184 $482,358 $488,664 $522,097
$584,070 $640,880
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Market stat ist ics
[email protected] | 617-299-1854
Multifamily Homes, 1/1/2014 - 12/31/2014
# of Avg. Days Average Average SP:LP Average SP:OP
Listings
on
Market Sale Price List Price Ratio Orig Price Ratio
$300,000 - $349,999 1 150 $315,000 $335,000 94 $350,000 90
$350,000 - $399,999 0 0 $0 $0 0 $0 0
$400,000 - $449,999 2 27 $432,500 $469,500 93 $469,500 93
$450,000 - $499,999 4 73 $472,250 $486,725 97 $499,225 95
$500,000 - $599,999 20 67 $559,520 $579,075 97 $586,525 96
$600,000 - $699,999 22 29 $645,923 $645,568 100 $650,200 100
$700,000 - $799,999 14 21 $743,107 $732,321 102 $737,321 101
$800,000 - $899,999 3 29 $808,333 $774,633 104 $774,633 104
$900,000 - $999,999 2 31 $948,750 $917,000 104 $917,000 104
$1,000,000 - $1,499,999 1 13 $1,025,000 $929,000 110 $929,000 110
Total Properties 69 42 $640,880 $642,671 100 $648,264 99
Source: MLSPIN, as of 01/16/2015
Total Sold - Watertown, MA
Price Range
www.Dwell360.com [email protected]
617-299-1854
Dwell360 46 Austin Street Suite 302 Newton, MA 02460
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