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Week ending Nov 18
Week ending Nov 18
w-o-w
Melrose Real Estate Overview
Today, November 24, 2009
Market View for Melrose
Avg. Listing Price
$416,741
Wk ending Nov 18
+$5,573
+1.4%
w-o-w
+1.4%
w-o-w
Median Sales Price
$356,000
Aug '09 - Oct '09
-$36,500
-9.3%
y-o-y
-9.3%
y-o-y
Melrose Summary
Average price per square foot for Melrose MA was $201, a decrease of 13% compared to the same period last year. The median sales price for homes in Melrose MA for Aug 09 to Oct 09 was $356,000 based on 53 home sales. Compared to the same period one year ago, the median home sales price decreased 9.3%, or $36,500, and the number of home sales decreased 19.7%.
There are currently 99 resale and new homes in Melrose on Trulia, including 34 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Melrose MA was $416,741 for the week ending Nov 18, which represents an increase of 1.4%, or $5,573, compared to the prior week.
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