Melrose Real Estate Trends & Statistics

Melrose Median List Price

$414,900

Share Download Embed

Melrose Market Snapshot

Share Download Embed

	Today	1 Month Ago		1 Year Ago
Total Inventory	41	43	5%	84	51%
Median List Price	$414,900	$369,900	12%	$399,900	4%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		5%
Median DOM	32	32		35	9%
Median House Size	1,640	1,650	1%	1,804	9%
Median $/Sqft	$260/sqft	$259/sqft		$221/sqft	18%

	Today	1 Month Ago		1 Year Ago
Total Inventory	30	31	3%	61	51%
Median List Price	$479,900	$423,900	13%	$449,900	7%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		5%
Median DOM	32	26	23%	27	19%
Median House Size	1,804	1,804		2,003	10%
Median $/Sqft	$258/sqft	$229/sqft	13%	$224/sqft	15%

	Today	1 Month Ago		1 Year Ago
Total Inventory	11	12	8%	23	52%
Median List Price	$265,000	$250,000	6%	$215,000	23%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		4%
Median DOM	41	70	41%	47	13%
Median House Size	1,080	1,080		942	15%
Median $/Sqft	$291/sqft	$276/sqft	5%	$219/sqft	33%

Melrose Market Data

Share Download Embed

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	13	5	2	7	7	14	10
New Listings	14	9	18	22	33	60	51
Sold/Expired	36	28	26	20	31	60	71

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	9	1	1	3	5	11	7
New Listings	13	6	12	16	18	47	43
Sold/Expired	26	22	18	13	18	41	50

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	4	4	1	4	2	3	3
New Listings	1	3	6	6	15	13	8
Sold/Expired	10	6	8	7	13	19	21

Melrose, Massachusetts real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Melrose homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Melrose. Movoto is your comprehensive source for Melrose property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Melrose, MA Market Overview

Inventory: 41 Recently Sold: 71 New Listings: 51 Distressed: 0

Melrose's home resale inventories decreased slightly, with a 5 percent decrease since May 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in June. The median listing price in Melrose went up from May to June. There were a total of 2 price increases and 10 price decreases.

Updated: 06/01/2013

Change City

Nearby Homes for Sale

37 Marmion Rd, Melrose, MA