Is Watertown, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Watertown has remained a Seller's Market.
Housing Prices in Watertown, CT
How much do homes in Watertown, CT cost?
Median Sold Price
$335,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Watertown was $335,000 in April 2024, up 13.6% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133.7K | $155.7K | +16.4% |
2 Bedrooms | $232.4K | $267.7K | +15.2% |
3 Bedrooms | $293K | $338.5K | +15.5% |
4 Bedrooms | $379.9K | $446K | +17.4% |
5+ Bedrooms | $325K | $410K | +26.2% |
Summary: Watertown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.4%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 26.2%.
Housing Supply in Watertown, CT
How many homes are available in Watertown, CT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 60 | +13.2% |
Summary: The Watertown real estate market had 60 homes for sale in April 2024, a 13.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 29 | 35 | +20.7% |
4 Bedrooms | 15 | 14 | -6.7% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Watertown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Watertown in April 2024, down by 18.8% month-over-month. Of the 13 sold homes, 15% were sold under asking, 31% were sold at asking, and 54% were sold over asking.
Days on Market for Watertown, CT
We’re sorry, we don't have information for this market at the moment