Why Live in Suffolk Square
Suffolk Square is a neighborhood near downtown Malden, a community in the Boston area. “I think the draw here is that we’re just a few miles north of Boston,” says Kristin Gennetti, a Realtor and team leader with the Kristin Gennetti Group, part of Century 21 North East. Convenience is a primary draw here, with access to downtown Malden’s revitalized shops and restaurants, and the greater Boston area thanks to a range of transportation options. “A big part of the appeal here is the proximity to the developing downtown and the ability to walk to so many things,” Gennetti says. In part due to that convenience, the housing market tends to have low inventory and rising appreciation. Housing in Suffolk Square is a mix of varied options. The neighborhood is majority renters by population, and the remaining properties are a mix of single-family homes and condos. The latter cost from $305,000 to $500,000, while single-family homes can range in price from $513,000 to $840,000. “Suffolk Square has come up a bit in pricing,” Gennetti says. “Because it’s somewhat close to downtown Malden, I’m starting to see homes really appreciate there.” The market moves fast, which keeps inventory low; on
Home Trends in Suffolk Square, MA
On average, homes in Suffolk Square, Malden sell after 322 days on the market compared to the national average of 70 days. The median sale price for homes in Suffolk Square, Malden over the last 12 months is $245,000, down 39% from the median home sale price over the previous 12 months.
Median Sale Price
$245,000
Median Single Family Sale Price
$245,000
Median 2 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$350
Number of Homes for Sale
4
Last 12 months Home Sales
146
Median List Price
$245,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-39%