diff --git a/{{cookiecutter.project_slug}}/requirements/local.txt b/{{cookiecutter.project_slug}}/requirements/local.txt
index 78fec207..c6438d4e 100644
--- a/{{cookiecutter.project_slug}}/requirements/local.txt
+++ b/{{cookiecutter.project_slug}}/requirements/local.txt
@@ -8,7 +8,7 @@ psycopg[c]==3.2.1  # https://github.com/psycopg/psycopg
 psycopg[binary]==3.2.1  # https://github.com/psycopg/psycopg
 {%- endif %}
 {%- if cookiecutter.use_async == 'y' or cookiecutter.use_celery == 'y' %}
-watchfiles==0.21.0  # https://github.com/samuelcolvin/watchfiles
+watchfiles==0.23.0  # https://github.com/samuelcolvin/watchfiles
 {%- endif %}
 
 # Testing