The prices in real estate in Malden, in the Massachusetts region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Malden has remained the same in the last 6 months. In January, the average price per sq.feet was $339. In February this price pretty much remained the same at a value of $346 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $342.5 to $334.5 per sq.feet. The price per sq.feet has decreased 89 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $338.5 to $300.5 during May, and June.
Based upon to the price in Malden (cities), this has gone up considerably in the last 6 months. The price in January is $485,691, rising in February till $542,868. During the following two months (March, April) the price has had an average incrementation from $514,279.5 to $586,397.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $594,858 they are 49 % more affordable than the average price for Malden. The properties with the lowest average price have 2 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 3 bedrooms priced at $418,189.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $282 / sq.feet, with an average $311 / sq.feet price in Malden. The properties with the highest average prices have 4 bedrooms. They are 622 % more expensive than the average followed by properties with 1 bedroom with a price at $429 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $594,858 it is 39 % cheaper than the average price in Malden. "Condo" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Townhouse". At a price of $451,983 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $1,302 / sq.feet followed by "Duplex" priced at $1,718 / sq.feet. "House" is the most costly type of property with a $2,338 / sq.feet cost followed by "Condo" with an average price of $2,246 / sq.feet.