This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

Malden Real Estate Market Updates

Snapshot of Malden Real Estate Market

Single Family 

  • # of Listings: 28
  • Avg. Living Sq. Ft: 5,140.39
  • Avg. List$: $326,310
  • Avg. List$/Sq. Ft: $204
  • Avg. Days on Market: 87.82

Condominium

  • # of Listings: 26
  • Avg. Living Area Sq. Ft: 1,067.35
  • Avg. List$: $228,785
  • Avg. List$/Sq. Ft: $227
  • Avg. Days On Market: 78.58

Multi-Family

Find out what's happening in Maldenfor free with the latest updates from Patch.

  • # of Listings: 20
  • Avg. Living Area Sq. Ft: 2,523.70
  • Avg. List$:$452,085
  • Avg. List$/Sq. Ft:  $182
  • Avg. Days On Market:  118.75

Mortgage Rates

According to the Freddie Mac survey, average mortgage rates increased for the week ending Thursday February 27, 2014. The average 30 year mortgage increased from 4.33% to 4.37%, and the average 15 year mortgage increased from 3.35% to 3.39%.

Mortgage rates one year ago were 3.51% and 2.76% for the 30-year and 15-year fixed mortgages.

Find out what's happening in Maldenfor free with the latest updates from Patch.

 

Paul Weston is Broker/Owner of Paul Weston Real Estate, a full service Real Estate Office serving Malden, and the Greater Boston and North Shore areas of Massachusetts

Follow me on Twitter: @PH_Weston

Facebook Page: Paul Weston Real Estate

The views expressed in this post are the author's own. Want to post on Patch?