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WATERTOWN

This page is not cluttered with historical or demographic data. That information is available elsewhere. The focus here is on the things which you might find important. Instructions for viewing Waltham real estate listings are found at the bottom of this article...

Watertown

Watertown lies about 6 miles to the west of Boston; and so, it is no wonder that, with the rise of property values in the Greater Boston area, so rose Watertown's appeal as an attractive, affordable alternative to those more expensive communities of Cambridge, Brookline, Belmont, and Boston proper. Prior to parts being sliced off and annexed into Cambridge, Weston, Waltham, Belmont, and Lincoln, Watertown boasted more residents than Boston! Close to Soldiers Field Road and the Massachusetts Turnpike, major arteries into downtown Boston, Watertown has easy access to Boston's nightlife and commercial center, as well as its suburban neighbors Newton, Waltham, Weston, etc.

If you prefer public transportation, Watertown Square is the terminus of several bus and trackless trolley routes. You will want to check the MBTA site for route planning and schedules.

Mt Auburn Cemetery

The official web site for the city of Watertown has helpful civic news and information. If you have a specific property in mind that you think you might like to buy, Watertown also maintains a database for the City Assessor which you can access to see what value the City gives the property and what the annual taxes are. Two of Jim's favorite places in Watertown are the Mount Auburn Cemetery and the Arsenal Mall.

If you have school-age children, the Watertown Public School district will take good care of them. Unfortunately, its website is not very user friendly and you will probably being doing better to call by phone than take the time trying to find information online. The number is (617) 926-7700.

To keep up with daily goings on you can check in online with the Watertown Tab, The Patch, or, of course, the Watertown section of the Boston Globe, and the Boston Herald.

Sold Statistics for Watertown

Single Family:
2012 - 90 sales. List Price - $461,837 Sale Price - $447,846   Market Time - 59 days
2011 - 87 sales. List Price - $482,293 Sale Price - $465,677   Market Time - 77 days
2010 - 71 sales. List Price - $492,703 Sale Price - $472,976   Market Time - 66 days

Watertown saw an increase in sales by 2% in 2011; however, values decreased by the same 2%. Although hopes for a recovery seemed on track with an increase in sales volume, the average sale price continued to decline by a disappointing 4%.

Condominiums:
2012 - 208 sales. List Price - $346,621 Sale Price - $338,328   Market Time - 83 days
2011 - 154 sales. List Price - $351,843 Sale Price - $335,385   Market Time - 108 days
2010 - 179 sales. List Price - $327,617 Sale Price - $338,411   Market Time - 121 days

Although condominium sales in Watertown were way down in 2011, values were off 1%. A year later, volume soared 16% over the high of 2010 and essentially regained its lost ground in value.

Multi-Family Listings:
2012 - 60 sales. List Price - $528,955 Sale Price - $522,097   Market Time - 43 days
2011 - 69 sales. List Price - $510,413 Sale Price - $488,664   Market Time - 89 days
2010 - 40 sales. List Price - $495,108 Sale Price - $482,358   Market Time - 40 days

Multi-family sales in Watertown are the high note statistically with sales volume increasing each year and the average sale price catapulting 7% in value.

The graphic, historical view of home sales shown below is not really accurate as it goes only through the 3Qtr of 2012; but it gives you a general picture of how things have been selling over the past 5 years.

To view all the current MLS listings in Watertown, you will need an ID which is "2417982" and the password "Jim". You can login here anonymously anytime, daily or weekly, as often as you wish. If you should see any properties you would like to view in person, give Jim a call or send a text or email indicating which properties and a couple of time frames and Jim will try to schedule you appropriately - please keep in mind that some owners and/or agents require 24-48 hrs advance notice and additionally keeping within a 30-60 minute window if they also require an accompanied showing.