Watertown, MA Real Estate Listings and Market Update – June 2025

We always seek to provide value to our clients, so please read below our most recent listings for your easy digestion, and forward to any family or colleagues hoping to move to beautiful and dynamic Watertown, MA.

Active Now

J.M. Whitney featured properties are updated regularly: View Our MLS Listings

What’s the MLS? (Multiple Listing Service)

Remember, The MLS (Multiple Listing Service) is a private! database that real estate professionals (like us at J.M. Whitney) use to share the most up-to-date property listings. Working with a broker who has MLS access gives you a huge edge by unlocking early insights, private listings, and accurate pricing data you won’t find on public sites.

Current Housing Market Snapshot (Past 30 Days)

As of the start of June 2025, the Watertown, MA real estate market continues to exhibit robust activity, characterized by rising home values, increased inventory, and sustained buyer demand.

Here’s an overview of the current market trends:

Market Overview

Median Home Value: $854,609, reflecting a 3.4% increase over the past year. (zillow.com)
Median Sale Price: $1,000,000, marking a 17.3% year-over-year rise. (redfin.com)
Median Listing Price: $899,900, with a median price per square foot of $525.
Average Days on Market: 19 days, indicating a swift-moving market.

Buying/Selling Activity

Buyer Competition: Homes in Watertown are receiving an average of 3 offers, underscoring a competitive market. (redfin.com)
Price Trends by Bedroom Count:
- 1-Bedroom Homes: Median price of $525,000, up 35.5% year-over-year.
- 2-Bedroom Homes: Median price of $630,000, a 14.5% increase.
- 3-Bedroom Homes: Median price of $883,700, up 3.7%.
  4-Bedroom Homes: Median price of $1,000,000, a slight decrease of 2.0%.
  5+ Bedroom Homes: Median price of $1,200,000, up 2.9%.

Neighborhood Insights

Bemis: Median home value of $809,535. (Zillow.com)
Nonantum: Median home value of $1,123,267. (Zillow.com)
Strawberry Hill: Median home value of $1,142,719. (Zillow.com)
Newton Corner: Median home value of $1,720,574.

Our Impressions:

Market Slightly Slowed Due to Higher Mortgage Rates

The average 30-year fixed mortgage rate has climbed to 6.89%, the highest since early February, impacting affordability and dampening buyer enthusiasm. This rate increase has contributed to a slowdown in home sales, with existing-home sales declining by 2.0% year-over-year in April. (apnews.com)

Inventory Up; Buyers Can Be More Picky

Housing inventory has reached a five-year high, providing buyers with more choices and greater negotiating power. This increase in supply has led to longer listing times and more frequent price reductions, especially in markets where sellers had previously set prices based on peak market conditions. (marketwatch.com)

Northeast Holds Value; Regional Differences Vary

While some regions are experiencing price declines, others remain resilient. In March, home prices in the 20 largest U.S. metropolitan areas saw a slight decrease of 0.12%, marking the first monthly drop in over two years. However, the Northeast continues to exhibit stronger price growth due to tighter inventory levels. (marketwatch.com)

A Market in Transition

The housing market is navigating a period of adjustment, with buyers gaining more leverage and sellers adapting to new market realities. While affordability challenges persist, the increase in inventory and stabilization of prices may create opportunities for buyers who had previously been sidelined.

What Else Is On The Current Watertown, MA Housing Market?

As of June, 2025 the Watertown, MA real estate market has approximately 60-120 listings (depending on the realty site) listings available right now.

Notable Listings

15 Marion Rd: 3 beds, 2 baths, 1,904 sq ft, listed at $1,150,000.
127 Highland Ave: 2 beds, 2 baths, 1,219 sq ft, listed at $749,000.
48 Bacon St UNIT 48: 3 beds, 4 baths, 2,310 sq ft, listed at $1,029,000.
39 Paul St #39: 4 beds, 3 baths, 2,808 sq ft, listed at $1,499,000.
164 Galen St APT 52: 1 bed, 1 bath, 670 sq ft, listed at $395,999.

In Conclusion | Overall Market Outlook

The Watertown housing market remains competitive, with rising prices and quick sales. The increase in inventory provides more options for buyers, but the demand continues to outpace supply, maintaining a seller’s market. Buyers should be prepared to act swiftly and consider working with a local real estate professional to navigate the market effectively. If you have specific preferences or need assistance in narrowing down options, feel free to ask!

As an independent broker in Watertown, MA, we are more than happy to help you (or loved ones) look for properties, insure them, and help you along each and every step.

Taking Action Ahead of Time is Smart

For any insurance or real estate and commercial management, brokerage, or questions, reach out.
J.M. Whitney featured properties – View Our MLS Listings