Watertown Median Hits $793,750 as Late Spring Sales Show Steady Pricing Across Tiers
WATERTOWN -- A Columbia Street property that sold for $1,900,000 in early June set the high-water mark for the late spring recording period, anchoring a dataset of 14 transactions in which eight carried disclosed sale prices ranging from $530,000 to $1.9 million.
- MARKET OVERVIEW
- Fourteen deeds were recorded between May 28 and June 26, with prices disclosed on eight of those transfers. Among the priced sales, the range ran from $530,000 to $1,900,000, and the median sale price was $793,750. Six transfers carried no consideration amount, a common occurrence in deed records. The raw count of 14 transactions over roughly four weeks represents a modest but steady pace for a suburban market of Watertown's size, though the limited pricing data constrains any firm conclusions about overall volume trends.
- TOP SALES
- The highest-priced transaction in the period was 23 Columbia St., which sold June 9 for $1,900,000; sellers Christopher Ahlberg and Asa Aulin Ahlberg conveyed the property to buyers Mina Para and Abigail Giancola. A townhome unit at 3 Chatham Way, Unit 3, changed hands May 29 for $1,180,000, with IC Waverley Townhomes LLC selling to Yige Guo. At 11 Barbara Ter., sellers John J. and Noreen Q. Curran sold to Colleen Treacy and Kelton Finch for $900,000 on June 8. A single-family at 12 Chandler St. sold the same day for $850,000, from Michael and Yasmin Ramsay to Katelyn Barry Ahern and John F. Ahern.
- NEIGHBORHOOD BREAKDOWN
- No two sales shared the same street name among disclosed-price transactions, so a price-tier breakdown is most useful. Two sales exceeded $1 million, Columbia Street and Chatham Way, representing the period's top tier. Three sales fell between $800,000 and $1 million: Barbara Terrace at $900,000 and Chandler Street at $850,000. Three sales landed in the $695,000–$738,000 range: Forest Street Unit 2 at $715,000, Bradford Road Unit 2 at $695,000, and Pleasant Street Unit 8 at $737,500. The one sale with a disclosed price below $700,000, $530,000, with no street address recorded in the deed data, was the period's lowest confirmed transaction. Of the six transfers with no disclosed price, addresses include Bigelow Avenue, Marion Road, Pierce Road, Sheldon Road, Hearn Street, and King Street; several display the hallmarks of trust or estate transfers among the same parties.
- MARKET NOTES
- The eight disclosed-price sales include a mix of property types. At least three are clearly condominium or unit sales, 586 Pleasant St. Unit 8, 83 Bradford Rd. Unit 2, 69 Forest St. Unit 2, and 3 Chatham Way Unit 3, accounting for four of the eight priced transfers, or half the priced dataset. The seller at 3 Chatham Way was a development LLC, suggesting a new-construction or recently converted unit. Among the six transfers with no disclosed consideration, at least four involve the same individuals appearing as both grantor and grantee in trustee capacities, 40 Bigelow Ave., 25 Marion Rd., 7 Sheldon Rd., and 11 Hearn St. a pattern consistent with transfers into revocable trusts. Sqft data is unavailable from deed records, so price-per-square-foot analysis cannot be performed.