Melrose Real Estate Market

Melrose Market

The median sale price for homes in Melrose over the last 12 months is $369,900.


The median mortgage debt is $262,706.

Additional Statistics for Single Family Homes and Condos in Melrose, MA
$365,350
Median Listing Price
43
Median Days on Market
85
Active Listings
14.1%
Distressed Listings
(foreclosures and short sales)
Melrose, MA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Melrose is $424,500. The list prices increased by 3.03% from the previous month.

The price per square foot for listings in this area is $217.

The median sale price in January for single family homes is $377,900. The sale prices increased by 12.8% from the previous month.

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Melrose, MA Market Inventory Trends

The median number of days active properties have been listed is 49. This is significantly shorter than the national average.

The number of sales in January dropped by 92.3% from the previous month.

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Melrose, MA Property Ownership

The percent of unoccupied properties is very low in Melrose. It is -9.2% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.