Located along the Charles River, Watertown MA is a densely populated city with approximately 33,000 residents. There are 6 distinct neighborhoods within Watertown: Bemis, Brigham, Coolidge Square, East Watertown and the West End. There are also many beautiful parks and riverbanks within the city. Its location is ideal to city lovers and commuters into Boston.
Watertown is known for its very diverse population. There are approximately 35 different languages spoken by students in their school system, which consists of 3 elementary schools, 1 middel school, and 1 high school. For more information on the town of Watertown, visit www.ci.watertown.ma.us
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Watertown MA Real Estate Market
Watertown MA has always been a desirable community for real estate consumers. Condominiums are very popular, but there are also many single family and multi-family homes to choose from. Home prices are more affordable than some of the nearby communities. The average price of single family homes that sold in 2014 was $572,580. This is a 14% improvement from 2013 prices.
Average Price of Single Family Homes in Watertown MA
2008 | $463,428 |
2009 | $456,293 |
2010 | $472,976 |
2011 | $465,921 |
2012 | $442,378 |
2013 | $499,961 |
2014 | $572,580 |
2015 | $582,712 |
2016 | $684,543 |
Average Days on Market for Listings in Watertown MA
Homes in Watertown sell within 47 days on average, although many properties are selling much more quickly than that in recent months. It is a fairly hot market with high demand and low inventory.
2008 | 82 |
2009 | 61 |
2010 | 66 |
2011 | 77 |
2012 | 61 |
2013 | 49 |
2014 | 47 |
2015 | 47 |
2016 | 33 |