Market prices in a town continuously change. The average selling price provides a good overview of the area. Other figures such as the lowest, median, and highest selling prices provide additional valuable information. The Watertown MA condo prices of homes sold for 3rd quarter 2016 below include figures for the last several years.
Condo Real Estate Prices for Watertown MA – 3rd Quarter
Average Price of Homes Closed
The average selling price in Watertown MA for the 3rd quarter increased 8.96% from $435,918 (in 2015) to $474,981 (in 2016). Prior to that, it increased 7.62% from $405,060 (in 2014) to $435,918 (in 2015). That after a 3.97% change. This shows a continual incline across the past 4 years.
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Low Selling Price of Homes Sold
The lowest selling price in Watertown MA for the 3rd quarter decreased -7.71% from $246,500 (in 2015) to $227,500 (in 2016). In the time frame before that, it increased 64.33% from $150,000 (in 2014) to $246,500 (in 2015). Previous to that there was a 2.04% change.
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Median Price
The median price in Watertown MA for the 3rd quarter increased 13.06% from $402,000 (in 2015) to $454,500 (in 2016). During the prior period, it increased 1.58% from $395,750 (in 2014) to $402,000 (in 2015). Before that was a 4.42% change.
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Maximum Sale Price of Homes Sold
The highest selling price in Watertown MA for the 3rd quarter decreased -49.33% from $1,500,000 (in 2015) to $760,000 (in 2016). During the prior period, it increased 22.45% from $1,225,000 (in 2014) to $1,500,000 (in 2015). Prior to that was a 65.09% change.
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Watertown MA Condo Prices Of Homes Sold For 3rd Quarter 2016
For additional Watertown MA condo prices of homes sold for 3rd quarter 2016 or details for neighboring cities and towns, please contact John Montanaro, Broker Owner at Renaissance Realty by calling 617-484-2494 or emailing giam24@aol.com. Note: These figures were extracted from third party sources including county records and the Mass. MLS Property Information Network, Inc. They are meant to offer a general overview of the real estate market, are not guaranteed, and may not necessarily include every condo sold in Watertown.