Snapshot of Medford Real Estate Market
Single Family
- # of Listings: 48
- Avg. Living Sq. Ft: 2,163.04
- Avg. List$: $454,218
- Avg. List$/Sq. Ft: $246
- Avg. Days on Market: 48.58
Condominium
- # of Listings: 37
- Avg. Living Area Sq. Ft: 1,261.03
- Avg. List$: $349,126
- Avg. List$/Sq. Ft: $291
- Avg. Days On Market: 58.27
- # of Listings: 17
- Avg. Living Area Sq. Ft: 2,645.47
- Avg. List$:$ 543,994
- Avg. List$/Sq. Ft: $209
- Avg. Days On Market: 42.35
Mortgage Rates
According to the Freddie Mac survey, average mortgage rates decreased for the week ending Thursday October 24, 2013. The average 30 year mortgage decreased from 4.28% to 4.13%, and the average 15 year mortgage decreased from 3.33% to 3.24%
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Mortgage rates one year ago were 3.41% and 2.72% 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
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Website: www.paulwestonrealestate.com