The Village Condominiums is complex of 308 condominiums in Watertown. The Village is bound by Lexington Street, Belmont Street and Duff Street, including Pierce Road and Grant Avenue. The condominiums were constructed in 1940, so overtime they have all added their own interior touches. For the most part each unit comes with 1 deeded parking space.

Units & Pricing

There are a range of units size and layouts,but most units are around 1,300 square feet with 2-3 levels of living space (depending on a finished basement). For the most part, the units have 2 bedrooms and 1 bath on the 2nd level. The first level has a kitchen and open living room/dining room combination. I have included the most recent sales prices in the complex.

The monthly condominium fees are around $250. The condo fee includes: Water, Sewer, Master Insurance, Swimming Pool, Exterior Maintenance, Landscaping, Snow Removal, Clubroom, Refuse Removal.

As you can see by the condominium fee, the complex has its own swimming pool and club house which can be rented out for big gatherings. The grounds of The Village are very well maintained. 

Sales History

The average sales price over the last five years has ranged from $275,700 in 2003 to $317,712 in 2005.

• 2003 - Average Sales Price: $275,700 (15 units sold) with an Average Market Time of 65 days
• 2004 - Average Sales Price: $310,060 (20 units sold) with an Average Market Time of 25 days
• 2005 - Average Sales Price: $317,712 (28 units sold) with an Average Market Time of 31 days
• 2006 - Average Sales Price: $302,524 (21 units sold) with an Average Market Time of 64 days
• 2007 - Average Sales Price: $299,939 (22 units sold) with an Average Market Time of 68 days
• 2008 – Average Sales Price: $286,714 (7 units sold) with an   Average Market Time of 95 days

Currently there are 4 condominiums for sale at The Village ranging in price from $279,900 to $319,900.

Thus far in 2009 16 units have sold at The Village. The average list price was $289,025 and they sold for an average of $280,031.25. For more information on current listings at The Village Condominiums or to be updated when new listings come on the market please email Mark at mark@themaddenteam.com or call him directly at 617.448.9481.

Area

The Village is located only a short walk to the Waverley Square commuter rail into Boston or the 73 Bus to Harvard Square. These condominiums are great for the commuters as they get you away from the city but allow for a single family feel on a condominium budget.

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Updated on November 12, 2009