Buyers were hoping that more homes would come on the market in Watertown after Labor Day, but instead the number of homes for sale decreased 19%. Open house traffic also dramatically declined from the spring, with only 10-15 people attending on average compared to 40-50 previously. Homes that were priced correctly still saw bidding wars, but the number of offers decreased from 10-15 down to only 2-3 on average.

1. RE/MAXLEADING EDGE
WATERTOWN HOUSING REPORT
SEPTEMBER 2013
More Homes For Sale?
Buyers were hoping for more homes to come on the market after Labor Day and unfortunately, they were let
down. In Watertown we’re seeing a -19% change in the number of homes for sale.
Open House Traffic
First time open house traffic is dramatically down from this Spring. Instead of seeing 40-50 people at the first
two open houses, we’re seeing 10-15.
Bidding Wars
Bidding wars are still happening with homes that are priced correctly. Instead of seeing 10-15 offers, we’re
seeing 2-3.
# OF HOUSES 4 SALE
AUG SEPT
-19%CHANGE
IN # OF HOUSES
FOR SALE
MLS Data: Aug - 7/13/13-8/10/13, Sept - 8/11/13 - 9/11/13
More Homes for Sale Finally??