The terms lot and tract both describe an area of land. These two terms are not synonyms. Lot is used to discuss a legally defined piece of property or real estate. Every lot is not the same size, but the term is used when discussing a piece of land that is or will be owned and developed by a specific person. A tract of land is a general term, and can define a few acres, square miles or large identifiable area of land. A tract of land is an identifiable expanse of land.
Sales prices have depreciated 37.1% over the last 5 years in Malta. The average listing price for Malta homes for sale on Trulia was $323,574 for the week ending Sep 30, which represents a decline of 0.6%, or $2,075, compared to the prior week and a decline of 4.4%, or $14,937, compared to the week ending Sep 09.
Here are the 50 most expensive towns based on average sale price for the first 6 months of 2014. The data comes from McGeough Lamacchia Realty, Inc. 50.) Jamaica Plain -- 270 homes sold with an average selling price of $524,151. 49.) Scituate -- 141 homes sold with an average selling price of $534,804.