Observer
Town report

Watertown

Watertown has 83 homes for sale. 45% of them have cut their price, against 45% statewide. Over the past 12 months, condos went under agreement in a median 12 days, and 46% sold at or above their first asking price.

45%
of homes for sale have cut their price
51
days on the market, typical listing now
51%
of homes sold in the past 12 months went at or above the first asking price

45% sellers in Watertown have cut their price, about the state's pace.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Watertown ranks 128 of 230, where 1 has the most cuts.

Watertown45%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Condos are selling just under the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Condos

99.0%
Oct 2025Oct 2026

Multi-family

100.0%
Oct 2025Oct 2026

Single-family

100.1%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthCondosMulti-familySingle-family
October 202598.8% (12 sales)90.4% (6 sales)102.8% (7 sales)
November 202598.5% (14 sales)– (3 sales)– (4 sales)
December 202595.9% (20 sales)105.7% (8 sales)101.5% (7 sales)
January 202697.5% (8 sales)– (1 sales)– (3 sales)
February 202697.4% (11 sales)– (4 sales)– (4 sales)
March 2026100.0% (19 sales)– (4 sales)– (4 sales)
April 2026100.8% (28 sales)– (3 sales)100.0% (5 sales)
May 202699.0% (25 sales)– (4 sales)100.1% (6 sales)
June 202698.6% (22 sales)– (4 sales)101.1% (7 sales)
July 202698.2% (31 sales)100.1% (7 sales)100.1% (6 sales)
August 2026100.0% (21 sales)95.7% (8 sales)– (2 sales)
September 2026100.0% (11 sales)– (3 sales)– (3 sales)
October 202699.0% (14 sales)100.0% (6 sales)– (3 sales)

Watertown has 16% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 14 weeks to go under agreement.

Homes for sale

10050
85
Aug 3Oct 26

Offers accepted

126
2
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 37339
Aug 107064
Aug 1775410
Aug 247433
Aug 316433
Sep 784223
Sep 1490916
Sep 21931116
Sep 289439
Oct 59657
Oct 1294710
Oct 1986113
Oct 2685211

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Condos$715K226 sales · 12 days to offer · 46% at or above first ask
  • Multi-family$1.1M55 sales · 8 days to offer · 56% at or above first ask
  • Single-family$1.11M53 sales · 7 days to offer · 68% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Condos226$715,0001241%46%
Multi-family55$1,100,000844%56%
Single-family53$1,110,000760%68%

A typical two-bedroom in Watertown leases for $2,800 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 1 bed$2,400Middle half $2,300–$2,650 · 58 leases
  • 2 beds$2,800Middle half $2,600–$3,100 · 197 leases
  • 3 beds$3,495Middle half $3,100–$4,000 · 123 leases
  • 4+ beds$4,500Middle half $3,900–$5,400 · 39 leases
421 leases; 81% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
1 bed58$2,400$2,300–$2,65037
2 beds197$2,800$2,600–$3,10028
3 beds123$3,495$3,100–$4,00042
4+ beds39$4,500$3,900–$5,40036

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.