Watertown, CT Real Estate - Market Update September 2009

WATERTOWN, CT REAL ESTATE – MARKET UPDATE SEPTEMBER 2009

Here's a look at the recent data for the real estate market in Watertown, CT :

Active Listings	122
New Listings	0
Average List Price	$33 4,756
Median List Price	$302,450
Average Sq. Ft.	2060
Median Sq. Ft.	1818

There are 122 homes for sale in Watertown, CT in the last month. Of those, 21 were listed in the month of August.

Here's a breakdown of the prices of the homes for sale in the Watertown/Oakville area :

List Price	Houses	%
< 200,000	27	22
200,001-250,000	22	18
250,001-300,000	12	10
300,001-350,000	14	11
350,001-400,000	15	12
400,001-450,000	8	7
450,001-500,000	8	7
>500,001	16	13

You can search homes for sale in Watertown, CT by visiting William’s Places !

Now, for a look at what has sold in Watertown , CT :

Closed Listings – 10	Average	Median
Days on Market	107	79
List Price	$202,827	$194,900
Sale Price	$195,600	$192,500
Sq. Ft.	1551	1340
LP/Sq. Ft.	$131.37	$137.50
SP/Sq. Ft.	$125.87	$131.58
SP/LP Ratio	97%	96%

Watertown has shown stability in the number of homes on the market and homes that have sold in the last several months, but interestingly enough, the average prices for homes sold has dropped to under $200k for the first time. Simply put, this indicates that higher-priced homes in Watertown are not selling, and perhaps a price reduction or other measures are in order.

These were the homes that won the homes sold contest in Watertown, CT :

Address	L/Price	S/Price	DOM
232 BUNKER HILL RD	239,900	230,000	2
55 COLLINS ST	200,000	195,000	88
698 DAVIS STREET EXT	259,900	259,000	148
89 FALLS AVE	189,900	190,000	2
21 LANCASTER ST	199,900	196,000	155
24 LILAC AVE	175,900	168,000	44
629 MAIN STREET	89,000	63,000	192
14 SAUGUS AVE	105,000	140,000	11
63 SAUNDERS AVE	189,900	180,000	63
9 STEPHANIE LN	378,876	335,000	276

Prior Watertown , CT Market Reports :

Watertown, CT Real Estate - Market Update August 2009

Watertown, CT Real Estate - Market Update July 2009

Watertown CT Real Estate – Market Update June 2009

Watertown Market Update May 2009

Watertown Market Update April 2009

Watertown Market Report March 2009