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Malden Real Estate Market Updates

Mortgage Rates

According to the Freddie Mac survey, average mortgage rates had mixed results for the week ending Thursday, March 7, 2013. The average 30 year mortgage increased from 3.51% to 3.52% and the average 15 year mortgage remained unchanged at 2.76%.

Mortgage rates one year ago were 3.88% and 3.13% for the 30-year and 15-year fixed mortgages.

Snapshot of the Malden Real Estate Market

Source: MLS Property Information Network

Single Family Condos Multi Family
# of Listings: 40 32 18
Avg. Liv.Area SqFt: 1,473.23 1,150.88 2,568.78
Avg. List$: $312,828 $221,854 $403,822
Avg. List$/SqFt: $223 $202 $159
Avg. Days on Market: 83.09 105.25 151.72

 

Paul Weston is a licenced Real Estate Broker in Massachusetts

Follow me on Twitter: @PH_Weston

Website, including contact information: www.liveinmalden.com