Charles River Properties LLC

Watertown, MA

Single-Family Homes

Massachusetts Broker License Number 9043



Watertown, MA

Mon Jun 21 2021
This week the median list price for Watertown, MA is $719,500 with the market action index hovering around 76. This is an increase over last month's market action index of 73. Inventory has increased to 12. Click here to stay informed with the Watertown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Watertown, MA

Mon Jun 21 2021
This week the median list price for Watertown, MA is $719,500 with the market action index hovering around 76. This is an increase over last month's market action index of 73. Inventory has increased to 12. Click here to stay informed with the Watertown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Watertown market.
Median List Price $719,500
Median Price of New Listings $694,500
Per Square Foot $434
Average Days on Market 16
Median Days on Market 7
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent $3,050
Market Action 76
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,299,000 2,978 6,500 - 8,000 sqft 4 3 91 0 0 7
$839,000 1,942 4,500 - 6,500 sqft 3 2 121 1 2 7
$700,000 1,626 0 - 4,500 sqft 3 2 91 1 1 7
$675,000 1,200 4,500 - 6,500 sqft 3 1 69 2 1 0