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Malden Real Estate Market Updates

Here is the latest the Malden Real Estate Market

Mortgage Rates

According to the Freddie Mac survey, average mortgage rates increased for the week ending Thursday, January 10, 2013. The average 30 year mortgage increased from 3.34% to 3.40 and the average 15 year mortgage decreased from 2.64% to 2.66%.

Mortgage rates one year ago were 3.89% and 3.16% 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: 36 30 16 Avg. Liv.Area SqFt: 1,758.28 1,048.93 2,858.06 Avg. List$: $304,100 $203,996 $412,775 Avg. List$/SqFt: $188 $211 $149 Avg. Days on Market: 92.31 99.83 293.94

 

Paul Weston is Broker/Owner of Paul Weston Real Estate, a full service Real Estate Office serving Malden and the Greater Boston area.

Follow me on Twitter: @PH_Weston

Website, including contact information: www.liveinmalden.com

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