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Melrose Real Estate Overview

Today, December 2, 2009

Avg. Listing Price $1,011,126 Wk ending Nov 25

+$761
+0.1%
w-o-w

Median Sales Price $800,000 Aug '09 - Oct '09

+$125,910
+18.7%
y-o-y

57	Homes For Sale	5	Open Homes
80	Recently Sold	28	Foreclosures

Average Listing Price

$1,011,126

+0.1%

w-o-w

Median Sales Price

$800,000

+18.7%

y-o-y

Average price/sqft

$499

-15.6%

y-o-y

Number of Sales

+52.2%

y-o-y

More Melrose Market Trends

Select chart to embed:

Most popular
neighborhoods

Avg. listing price
Week ending Nov 25

w-o-w

Hollywood Hills

$2,390,909

+1.0%

Bel Air

$6,142,059

0.0%

Brentwood

$4,091,316

+0.7%

Silver Lake

$705,781

+2.3%

Mid City

$646,198

-0.5%

Movers & Shakers

Avg. listing price
Week ending Nov 25

w-o-w

Chinatown

$448,414

-15.5%

Westlake

$345,235

-8.8%

Los Feliz

$1,732,356

+7.5%

Montecito Heights

$415,278

+6.8%

Vermont Harbor

$279,839

+6.5%

View Los Angeles Home Prices Map

The median sales price for homes in Melrose, Los Angeles for Aug 09 to Oct 09 was $800,000 based on 35 sales. Compared to the same period one year ago, the median sales price increased 18.7%, or $125,910, and the number of sales increased 52.2%. Average price per square foot for Melrose was $499, a decrease of 15.6% compared to the same period last year.

There are currently 57 resale and new homes in Los Angeles on Trulia, including 5 open houses, as well as 28 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Melrose was $1,011,126 for the week ending Nov 25, which represents an increase of 0.1%, or $761, compared to the prior week.

DISTRICT

TYPE

GRADES

SCHOOLS

STUDENTS

Los Angeles Unified School District

Public

PK - 12

1,042

793,407

Montebello Unified School District

Public

K - 12

39,569

SCHOOL NAME

SCHOOL TYPE

GRADES

PARENT RATING

Rosewood Elementary School

Public

K - 5

Whitman Cont Senior High School

Public

9 - 12

Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.

622 N Vista…

$949,000

8380 Waring…

$535,000

2 br 2 ba

719 North Gardner Street, West Hollywood CA

719 N Gard…

$950,000

3 br 3 ba

745 North Poinsettia Place, Los Angeles CA

745 N Poin…

$999,000

3 br 2 ba

751 North Fairfax Avenue #2, Los Angeles CA

751 N Fair…

$698,000

2 br 2 ba

513 North Gardner Street, Los Angeles CA

513 N Gard…

$699,999

View all Melrose Homes for Sale

Melrose, Los Angeles

Neighborhoods

Median
sales price

Average
listing price

CBS Television City

$847,500

$1,243,139

Beverly Center

$832,000

$1,039,719

La Brea

$1,545,000

$1,399,609

Hollywood

$482,250

$743,131

Carthay Square

$370,638

$767,053

Miracle Mile

$691,000

$751,782

Local Spotlight

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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.

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. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

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.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Melrose Real Estate Overview

Market View for Melrose

Market Trends for Melrose

Home Prices for Los Angeles

Melrose Summary

Schools in Los Angeles

Community Info for Los Angeles

Homes for Sale in Melrose

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Nearby Neighborhoods Sold Homes

Nearby Neighborhoods Home Prices

Melrose Stats & Trends

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close