2020 Watertown Year in Review

Share on facebook
Share on twitter
Share on linkedin
Share on email

Want to know how the Watertown, Massachusetts real estate market is doing? In this 2020 Year in Review Housing Report, we’re looking at home sales in Watertown in 2020 compared to 2019 and how the market performed in that area.

watertown yir 2020

Home Sales Down 2.6% + Prices Up 2.4%

Added: As of December 31, 2020, there were 445 homes sold in Watertown 2020, down 2.6% from 2019 when there were 457 sales. Prices increased by 2.4% to $755,965 over 2019 when prices were $738,366.

Homes Listed in Watertown:

There were 519 homes listed in Watertown in 2020, down 8% compared to 2019 when there were 564 homes placed on the market.

Homes Pending in Watertown:

In 2020, there were 424 Watertown homes placed under contract, down 8.8% from 2019 when there were 465.

Outlook

Despite the pandemic, the Watertown market performed very well.  Being down by 12 sales year over year is pretty impressive after the utter halt in the market last March when the shutdown began.  2021 is predicted to be a very busy year and likely to see the number of sales rise and prices continue to increase.


Data provided by Warren Group & MLS PIN and compared to the prior year.

Added: