Waltham, MA Real Estate Trends
Whether you have your heart set on one of the expensive homes located in North Waltham or you are actually targeting some of the newest constructions to be admired on Forest St., you should know that you could be getting ready to relocate to a fantastic city that has what it takes to support both your personal and professional ambitions.
Education & Business Trends
Waltham is a respectable center for higher education and research. Brandeis University, Bentley University and Bank of America are listed among the 10 most potent employers operating in this area. Nova Biomedical Corporation, Parexel International Corporation, Verizon and AM-FM Cleaning Corporation are other notable companies with an employee count exceeding 500 staff members. The business sector is thriving, so you probably wouldn’t have a problem finding a job in this city once you decide to buy a Waltham house or move into one of the many appealing and well-established Waltham apartments for rent.
Waltham Real Estate Trends
Many people are looking for convenient Waltham apartments for rent simply because they want to start fresh in a peaceful New England city that could ensure a quick and painless commute. The median rent price is around $1300. The median price per square foot for Waltham real estate is in the $300 dollar range and reflects a 7.5% increase compared to the numbers provided last year, during the same period. The median home sale price is estimated at $370,000. The number of homes sold recently has witnessed a 79.8% decrease. At the same time, the median home sale price also indicates a 7.5% decrease compared to the values reported for the fall of 2013. North Waltham appears to be the most popular choice for newcomers. This neighborhood encompasses a large number of expensive homes and has an average listing price estimated at $624,250. 9.1% of all Waltham real estate was sold below listing. In case this picturesque city has caught your attention, you should know that the Waltham, MA real estate market is rated as very healthy with a total score of 9.7/10.
All in all, these numbers point out that if you are interested in Waltham apartments or houses, now would probably be the best time to buy or rent one.