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Our Watertown, MA real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Watertown as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Watertown, MA.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Watertown MA Community Profile & History
Watertown, Massachusetts is a thriving suburb of Boston, located within twenty minutes of all major highways in eastern Massachusetts. In addition, the city is serviced by rail lines and commuter bus lines, and has easy access to Logan International Airport in Boston.
Originally known as Saltownsall Plantation, the city was first settled in 1630 by Sir Richard Saltonsall, the Reverend George Phillips and their families. In its early years, the community emerged as the foremost producer of horses and cattle in New England.
Over the years, Watertown has played an important role in Massachusetts history, even serving as the temporary seat of government during the Revolutionary War. It was here that Paul Revere, once a resident of the city, printed the first paper money for the Province of Massachusetts. At the city's Old Bemis Mills canvas sails were woven for the U.S.S. Constitution.
Manufacturing industries included that of the renowned Stanley Steamers as well as the old black Crawford Stoves. The Watertown Arsenal operated as a military munitions and research facility from 1816 to 1995. In the years since, the Arsenal has undergone major restorations and is now the site of several restaurants, shops and the Arsenal Center for the Arts. And just around the bend of Mt. Auburn Street outside Watertown Square the Mugar family opened what was to be the first of many stores in the famous Star Market chain.
Today, the city is rich in ethnic diversity and culture, boasting a high level of citizen involvement and many amenities such as shopping malls, swimming pools, country and tennis clubs, skating rinks, eleven fine parks, and a public transportation system that provides easy access to Boston and surrounding communities.
Watertown Massachusetts Community Information
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Different financing alternatives are available depending on whether you are purchasing a single family, condo, multi-family, or investment property. Understanding the pros and cons of each may help you decide which option is the best for you. Speak to our buyer agent professionals and mortgage partners to understand and evaluate your options.
Watertown, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Watertown Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 83 73 $503062 $315000 $466700 $1575000 |
2007 90 93 $480424 $295000 $460000 $1130000 |
2008 82 75 $463428 $280000 $419000 $1577000 |
2009 61 79 $456293 $260000 $415000 $967500 |
2010 66 71 $472976 $135000 $471000 $879000 |
Average Selling Price of Single Family Homes in Watertown
| 2006 |  $503062 | |
| 2007 | $480424 | |
| 2008 | $463428 | |
| 2009 | $456293 | |
| 2010 | $472976 |
Watertown Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 76 229 $348164 $95000 $325000 $719000 |
2007 78 307 $353403 $180000 $326000 $1020000 |
2008 84 231 $356607 $182000 $345000 $1060600 |
2009 91 199 $331098 $150000 $322000 $781000 |
2010 121 179 $338411 $147800 $321000 $1105000 |
Average Selling Price of Condominiums in Watertown
| 2006 | $348164 | |
| 2007 | $353403 | |
| 2008 | $356607 | |
| 2009 | $331098 | |
| 2010 | $338411 |