Neighborhood Analyzer

Melrose

  Currently Listed Sold
High Price $499,000 $350,000
Low Price $284,900 $65,000
Avg List Price $352,950 $272,125
Avg SOLD Price   $227,250
Avg Seller Discount   18.1%

Sold Listings

Neighborhood Report for Melrose

"Inventory" represents how many months it would take, given recent sales trends, for all homes in the neighborhood to be sold. Generally, more than 6 months of inventory suggests a "buyer's market."

Over the past year, an average of 0.3 homes per month have sold in Melrose, and 4 homes are on the market now, so Melrose has 12 months of inventory.