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Melrose Market Trends

Today, November 25, 2009

Melrose Summary

The median sales price for homes in Melrose for Aug 09 to Oct 09 was $447,992. This represents an increase of 0%, or $447,992, compared to the prior quarter and an increase of 1.2% compared to the prior year. Sales prices have appreciated 18.6% over the last 5 years in Melrose, Bronx. The median sales price of $447,992 for Melrose is 19.46% higher than the median sales price for Bronx NY.

Average listing price for homes on Trulia in Melrose was $659,000 for the week ending Nov 18, which was unchanged compared to the prior week. and was unchanged compared to the week ending Oct 28. Average price per square foot for homes in Melrose was $148 in the most recent quarter, which is 22.51% lower than the average price per square foot for homes in Bronx.

 

Popular Neighborhoods in Bronx

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Throgs Neck - Edgewater Park 1 +1 2 2
Riverdale 2 -1 1 1
North Riverdale 3 +2 5 3
Parkchester 4 -1 3 4
Spuyten Duyvil 5 -1 4 5
Wakefield 6 +2 8 11
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Homes for Sale in Melrose

408 East 154th Street, Bronx NY
408 E 154th…
$995,000
7 br  2 ba
422 East 153rd Street, Bronx NY
422 E 153rd…
$539,000
8 br  6 ½ ba
3001 3rd Avenue, Bronx NY
3001 3rd A…
$3,660,000
 
2997 3rd Avenue, Bronx NY
2997 3rd A…
$2,300,000
 
567 Courtlandt Avenue, Bronx NY
567 Courtl…
$2,500,000
 
3001 3rd Avenue, Bronx NY
3001 3rd A…
$7,760,000
 
View all Melrose Homes for Sale
 
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Melrose, Bronx

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Fleetwood - Concourse Village
$349,131
$255,099
Woodstock
$200,000
$273,629
North New York
$350,000
$360,013
High Bridge
$357,500
$285,519
Foxhurst
$209,000
$364,665
Claremont
$294,250
$431,666
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Advice

Recent Q&A in Bronx, NY

Q: I'm very interested in purchaing a home under the Good Neighbor Next Door program, however I have so many questions and do not know where to 2 answers
Q: know of a very reliable home inspector and a real estate agent in bronx at a very reasonable price? 4 answers
Q: Does anyone have any homes for sale who participates in the good neighbor next door program in the Bronx, or any discounts for NYC workers? 2 answers
Q: in gated communities are you allowed to have pets, such as a dog.I ask cause I've had my dog for 4 yrs and he is considered a family member 1 answer
Q: Im looking into purchasing a condo or a co-op 6 answers

Got a real estate question? 

More Advice:
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Nearby Neighborhoods Real Estate

  • Fleetwood - Concourse Village Real Estate
  • Morrisania Real Estate
  • Mott Haven Real Estate
  • Woodstock Real Estate
  • North New York Real Estate
  • Concourse Real Estate

Nearby Neighborhoods Sold Homes

  • Fleetwood - Concourse Village Sold Homes
  • Morrisania Sold Homes
  • Mott Haven Sold Homes
  • Woodstock Sold Homes
  • North New York Sold Homes
  • Concourse Sold Homes

Nearby Neighborhoods Home Prices

  • Fleetwood - Concourse Village Home Prices
  • Morrisania Home Prices
  • Mott Haven Home Prices
  • Woodstock Home Prices
  • North New York Home Prices
  • Concourse Home Prices

Melrose Stats & Trends

  • Melrose Real Estate Overview
  • Bronx Schools
  • Bronx Community Info
  • Bronx Home Prices
  • Melrose Real Estate
  • Melrose Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Bronx real estate market. Find Bronx properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Bronx average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Bronx housing statistics are available for each Bronx, NY neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.