Malden, MA Home Prices, Sales Decline

Through September of 2009 the median price of single-family homes sold in Malden, Massachusetts was $258,000, down 26.5 percent compared to the same nine-month period in 2006.

From January to September of 2009 there were 137 single-family homes sold in Malden, MA, down 3.5 percent from 2008 and 18 percent from 2007. In the first nine months of 2007 there were 167 homes sold, the most in the last four years during the same nine-month period.

There have not been any drastic changes in the average amount of days properties spent on the market during the first 9 months of each of the past four years.  The biggest change was from 2006 to 2007, with an increase of 11 days, or 10.8 percent.

The data come from the MLS Property Information, Inc.

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Malden, MA Real Estate Market Data

	Median Price	Number of Sales	Days on the Market
Jan-Sept 2006	$351,000	149	102
Jan-Sept 2007	$330,000	167	113
Jan-Sept 2008	$290,000	142	114
Jan-Sept 2009	$258,000	137	109