$8,074 Closing Credit*
$679,900
2,953 SqFt
4 Beds
•3 Full Baths
Sherry Borgeson, Listing Office: Berkshire Hathaway NE Prop.
Is Watertown, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Watertown has remained a Seller's Market.
Key Takeaway
Watertown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Watertown, CT
How much do homes in Watertown, CT cost?
Median Sold Price
$350,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+12.9%)
Key Takeaway
Homes in Watertown have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Watertown was $350,000 in November 2024, up 12.9% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $143.2K | $165.4K | +15.5% |
| 2 Bedrooms | $265K | $297.5K | +12.3% |
| 3 Bedrooms | $305K | $347.5K | +13.9% |
| 4 Bedrooms | $432.5K | $395K | -8.7% |
| 5+ Bedrooms | $376.5K | $510K | +35.5% |
Summary: Watertown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 35.5%.
Housing Supply in Watertown, CT
How many homes are available in Watertown, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 79 | 77 | -2.5% |
Summary: The Watertown real estate market had 77 homes for sale in November 2024, a 2.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 5 | 10 | +100.0% |
| 3 Bedrooms | 40 | 31 | -22.5% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Watertown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 22.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Watertown, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Watertown in November 2024, down by 16.7% month-over-month. Of the 15 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for Watertown, CT
We’re sorry, we don't have information for this market at the moment
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