Real Estate Market Update for Watertown, MA
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 40% from one year earlier, and down 29% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 560-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 5%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 540-thousand dollars. The number of units sold increased 35% year-over-year, and increased 30% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Watertown, MA
Area Information for Watertown, MA
  • Population: 32,769
  • Median Age: 39.63 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 8,129/sq mi
  • Population Change Since 2000: -.71%
  • Closest Airport: General Edward Lawrence Logan International
  • Closest College: New England School-acupuncture
  • Closest Jr. College: Roxbury Community College
  • Median Household Income: $84,072
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $442,500
  • Closest Major Sports Team: Boston Red Sox
  • Change Avg. Household Income Since 2000: 32.26%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Watertown, MA
Median Age: 39.63 Married: 39% Number of Households: 15,094 Households with Children: 2,857
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Watertown, MA

      School Name Distance Type Grades School Rating Parent Rating
      Watertown High School 0.0 mi Public 9-12 1 2
      Hosmer Elementary School 0.4 mi Public PRESCHOOL-5 3 0
      Perkins School For The Blind 0.5 mi Private UNGRADE-UNGRADE 0 0
      James Russell Lowell 0.6 mi Public PRESCHOOL-5 4 0
      Watertown Middle School 0.7 mi Public 6-8 3 0
      St Stephen's Armenian Elementary School 1.0 mi Private PRESCHOOL-5 0 0
      Beacon High School 1.0 mi Private 9-12 0 0
      Cunniff Elementary School 1.2 mi Public PRESCHOOL-5 3 0
      Atrium School 1.3 mi Private PRESCHOOL-7 0 0
      Jewish Community Day School 1.6 mi Private K-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Watertown, MA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.