The price per square foot for listings in this area is $114.
The median sale price in February for single family homes is $125,000. The sale prices dropped by -9.09% from the previous month.
The number of active listings in Melrose dropped by 5.4% from the previous month.
The median number of days active properties have been listed is 93.
The number of sales in February dropped by 75% from the previous month.
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
