know your market: Know Your Market: Watertown, MA Market Statistics - 11/14/09 01:24 AM
In an effort to stay "on top of" the real estate market in Watertown, MA we weekly pull market statistics for single families, condominiums and multi family homes. We make an effort to share this data with our clients and the internet users, so that we can help educate potential buyers and sellers about the realities in the Watertown, MA real estate market.

SINGLE FAMILY HOMES
Year-to-date single family home sales in Watertown, MA have been pretty steady in comparison to last year. The number of active listings, number of sales year-to-date, average sale price and median sale price are … (0 comments)

know your market: Know Your Market: Watertown, MA Market Statistics (3.12.2009) - 03/12/09 08:34 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham and Brighton. Below are the market statistics in Watertown, MA. I will, typically, be posting the statistics for Watertown on Mondays.
Lets start with Single Family Homes! The average days on market for single family homes has dropped from 110 days at this time last year to 72 days on market for homes that have sold. That is a great sign that there is buyer activity out there and that the low inventory and low prices are driving quicker sales.
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know your market: Know Your Market: Arlington, Massachusetts Market Statistics - 12/17/08 05:13 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Arlington, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Arlington, MA market statistics weekly on Wednesdays.
This week we have some great statistics for Arlington, MA. The overall inventory is down, with condominiums and multi-families have the largest drop in inventory, nearly by half. This is not a bad thing, as those who are listing their house probably have good motivation and they definitely have less competition. The average … (0 comments)

know your market: Know Your Market: Watertown, Massachusetts Market Statistics - 12/15/08 12:05 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
This week, we saw a minor drop in listing inventory for both single family homes and condominium homes. The single family homes and multi-family homes have seen a slight decrease in average list price, which is great for buyers in the area. However, condominium homes have seen a slight increase in … (0 comments)

know your market: Know Your Market: Brighton, Massachusetts Market Statistics - 12/11/08 12:25 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, and Brighton. Below are the market statistics in Brighton, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Brighton, MA market statistics weekly on Wednesdays.
[Note: I have changed a few things to the statistics layout, due to requests. I have added the Median Sales Prices from 2008 and 2007 to the chart, along with the overall appreciation or depreciation between the two. In addition, I have changed the "shading" of blocks to reflect positive change (yellow) and … (0 comments)

know your market: Know Your Market: Watertown, Massachusetts Market Statistics - 12/08/08 02:21 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
So, I want to touch on something this week that I have alluded to in past market statistics. We are now entering the "real" winter months, which has been historically slower for the real estate market (Side Note: We are still very busy at my office, with many accepted offers this … (0 comments)

know your market: The Warren Group's 4th Quarter Sales Review By Town: Watertown - 12/04/08 12:23 AM
The Warren Group has come out with its 4th Quarter Sales Review comparing statistics from September 2007 to September 2008 using Sales Volume and Median Prices. There was some great information included in this review, which shows great promise in our real estate market.
Is it a good time to buy in Watertown, MA?
Sure it is!
Is it a great time to sell in Watertown, MA?
Sure it is!
How can I say that it is a good time to do both? Doesn't that contradict itself?
Why would I say that when the media is reporting that we are … (0 comments)

know your market: Know Your Market: Arlington, Massachusetts Market Statistics - 12/03/08 02:25 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Arlington, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Arlington, MA market statistics weekly on Wednesdays.
So, I missed last week due to the holidays so let me give you an update between this week and my post two weeks ago. Since two weeks ago, our inventory of available homes has slightly dropped in both Single Family homes and Condominium homes by 9 in each category. Also, … (0 comments)

know your market: Know Your Market: Watertown, Massachusetts Market Statistics - 11/30/08 11:17 PM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
The real estate market in Watertown, MA has only had minor changes during the past week. There has been a slight drop in inventory in both Single Family homes and Multi-Family homes, while the condominiums inventory has remained constant. Both single family homes and condominiums have seen slight decreases in the average list … (0 comments)

know your market: Know Your Market: Belmont, Massachusetts Market Statistics - 11/25/08 03:38 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Belmont, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Belmont, MA market statistics weekly on Tuesdays.
There has been a slight decrease in inventory "across the board," which is a good thing for sellers in each category. Less competition means there is a more likely chance one will receive closer to the listing price. That requires, however, that the listing price be realistic from the start! It … (0 comments)

know your market: Know Your Market: Watertown, Massachusetts Market Statistics - 11/25/08 12:19 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
This week we saw an increase in the condominium market's active volume rising from 71 last week to 78 this week. However, both condominium homes and multi-family homes have had an increase in listing price. Single family homes were the only category to drop in average list price, while increasing inventory by … (0 comments)

know your market: Know Your Market: Waltham, Massachustts Market Statistics - 11/21/08 04:21 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, and Brighton. Below are the market statistics in Waltham, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Waltham, MA market statistics weekly on Thursdays.
There have not been drastic changes to the Waltham, MA real estate market since last week, but there are some points that I want to make after reviewing the difference between this week's statistics and last week's statistics.
First, there has been a decrease in the active single family homes market by 12 … (0 comments)

know your market: Know Your Market: Brighton, Massachusetts Market Statistics - 11/20/08 06:58 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, and Brighton. Below are the market statistics in Brighton, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Brighton, MA market statistics weekly on Wednesdays.
Not too much has changed since last week's Know Your Market: Brighton Market Stats but I wanted to touch on a few important aspects of the market. First, in single family homes the inventory has increased to 10 active single families on the market. The good aspect of this is that the average … (0 comments)

know your market: Know Your Market: Arlington, Massachusetts Market Statistics - 11/19/08 05:42 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Arlington, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Arlington, MA market statistics weekly on Wednesdays.
We are not in a depressed market, as is evident in the town of Arlington. There has been a decrease in the average list price for Multi-Family homes in Arlington, from $528,828 last week to $485,633 this week. That's a total of $43,195 in list price difference. This is a great … (0 comments)

know your market: Know Your Market: Belmont, Massachusetts Market Statistics - 11/18/08 01:44 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Belmont, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Belmont, MA market statistics weekly on Tuesdays.
Belmont, the single family town, is always an interesting town to pull market statistics for due to the difference in single family homes compared to condominiums and multi-family homes. The inventory for condominiums is roughly the same as last year, which is a good sign despite its large depreciation since last … (0 comments)

know your market: Know Your Market: Watertown, Massachusetts Market Statistics - 11/17/08 01:00 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Watertown, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Watertown, MA market statistics weekly on Mondays.
Between last week and this week there have been some minor difference to the market in Watertown. The number of Multi-Family homes on the market has increased by 4 since last week. This is great news for investors because in the 3rd quarter of this year, investment property purchases spiked by … (0 comments)

know your market: Know Your Market: Newton, Massachusetts Market Statistics - 11/14/08 01:50 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, and Brighton. Below are the market statistics in Newton, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Newton, MA market statistics weekly on Fridays.
The market in Newton has seemingly slowed in comparison to last year at this time, but there are a few bright spots as well. Average sales prices have dropped significantly between 2007 and 2008 in single family homes, condominiums and multi-family homes. In single family home sales there have been 102 less sales … (1 comments)

know your market: Know Your Market: Waltham, Massachusetts Market Statistics - 11/13/08 12:32 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, and Brighton. Below are the market statistics in Waltham, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Waltham, MA market statistics weekly on Thursdays.
The Waltham housing market has slowed for the average consumer in almost every category. Both average sale prices and median sale prices have seen a decrease since last year at this time. However, there has been an increase in total number of sales in multi-family homes. This comes as multi-family homes have seen … (0 comments)

know your market: Know Your Market: Brighton, Massachusetts Market Statistics - 11/12/08 07:03 AM
In an effort to be knowledgeable of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, and Brighton. Below are the market statistics in Brighton, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Brighton, MA market statistics weekly on Wednesdays.
Looking at these stats, it would seem as though the market has slowed in Brighton. Inventory is down in all three categories and the average sale price is down in all three categories as well. However, that would not tell the entire story. Although the average sale price is down, the median sale … (0 comments)

know your market: Know Your Market: Arlington, Massachusetts Market Statistics - 11/12/08 02:17 AM
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Arlington, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Arlington, MA market statistics weekly on Wednesdays.
The market statistics are very telling in Arlington, MA because although the media is reporting a terrible market, it seems as though Arlington has managed to not only survive, but flourish in this "slow market." Inventory is down across the board, seeing the largest differential in Multi-Family homes where the inventory … (0 comments)

 
Mark Madden, The Madden Team (Century 21 Commonwealth)

Mark Madden

The Madden Team

Watertown, MA

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Century 21 Commonwealth

Address: CENTURY 21 Commonwealth, 161 Mount Auburn Street, Watertown, MA, 02472

Office: (617) 926-5280

Mobile: (617) 448-9481



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