Neighborhood Analyzer

Melrose

  Currently Listed Sold
High Price $329,000 $420,000
Low Price $229,900 $250,000
Avg List Price $279,600 $337,560
Avg SOLD Price   $303,980
Avg Seller Discount   9.3%

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 0.4 homes per month have sold in Melrose, and 3 homes are on the market now, so Melrose has 7.2 months of inventory.