Malden Real Estate Updates

Here is the latest Malden Real Estate news.

Mortgage Rates

According to the Freddie Mac survey, average mortgage rates had mixed results for the week ending Thursday, December 20, 2012. The average 30 year mortgage increased from 3.32% to 3.37 and the average 15 year mortgage decreased from 2.66% to 2.65%.

Mortgage rates one year ago were 3.91% and 3.21% 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 33 12 Avg. Liv.Area SqFt: 1,726.52 1,134.73 2,384.50 Avg. List$: $304,530 $212,481 $389,458 Avg. List$/SqFt: $190 $202 $168 Avg. Days on Market: 80.57 91.79 288.33

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

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.


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