MAR Reports December Home Sales
The Mass Association of Realtors released home sales figures for December 2012.
|Units sold in Dec 2012||Units sold in Dec 2011||Percent Change||Units Sold in Nov 2012|
|Single Family House||3,737||3,307||+13%||4,145|
|Median Home Price Dec 2012||Median Home Price Dec 2011||Percent Change|
|Ave. Days on Market Dec 2012||Ave. Days on Market Dec 2011||Ave. Monthly Inventory Dec 2012||Ave. Monthly Inventory Dec 2011||Ave. Monthly Supply(In Months) Dec 2012||Ave. Monthly Supply(In Months) Dec 2011|
According to the Freddie Mac survey, average mortgage rates increased for the week ending Thursday, January 31, 2013. The average 30 year mortgage increased from 3.42% to 3.53 and the average 15 year mortgage increased from 2.71% to 2.81.
Mortgage rates one year ago were 3.87% and 3.14% 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:||44||29||16|
|Avg. Liv.Area SqFt:||1,588.61||1,072.48||2,802.31|
|Avg. Days on Market:||75.98||107.79||309.56|
Paul Weston is a licenced Real Estate Broker in Massachusetts
Follow me on Twitter: @PH_Weston
Website, including contact information: www.liveinmalden.com