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: 46

  • Avg. Living Sq. Ft: 3,819.13

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

  • Avg. List$: $349,263

  • Avg. List$/Sq. Ft: $214

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

    • Avg. Days on Market: 40.46

    Condominium

    • # of Listings: 40

  • Avg. Living Area Sq. Ft: 1,084.43

  • Avg. List$: $225,877

  • Avg. List$/Sq. Ft: $223

    • Avg. Days On Market: 65.40

    Multi-Family

    • # of Listings: 29

    • Avg. Living Area Sq. Ft: 2,852.10

    • Avg. List$:$482,886

  • Avg. List$/Sq. Ft:  $177

    • Avg. Days On Market:  50.66

    Mortgage Rates

    According to the Freddie Mac survey, average mortgage rates decreased for the week ending Thursday May 8, 2014. The average 30 year mortgage decreased from 4.29% to 4.21%, and the average 15 year mortgage decreased from 3.39% to 3.32%.

    Mortgage rates one year ago were 3.42 and 2.61% for the 30-year and 15-year fixed mortgages.

     

    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

    Website: www.paulwestonrealestate.com

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