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Melrose Market Trends

Today, November 27, 2009

Median Sales Price in Melrose

Embed Info
1 yr 5 yr Max
Melrose median sales prices
Number of sold homes in Melrose
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$302,500+3.1%$305,000$293,500$324,950
3 bedrooms$358,000-9.4%$385,000$395,000$400,000
4 bedrooms$418,000-2.8%$419,000$430,000$455,000
All properties$356,000-9.3%$378,350$392,500$395,000
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Melrose Summary

The median sales price for homes in Melrose MA for Aug 09 to Oct 09 was $356,000. This represents a decline of 5.9%, or $22,350, compared to the prior quarter and a decrease of 9.3% compared to the prior year. Sales prices have depreciated 9.9% over the last 5 years in Melrose.

The average listing price for Melrose homes for sale on Trulia was $416,741 for the week ending Nov 18, which represents an increase of 1.4%, or $5,573, compared to the prior week and an increase of 2.4%, or $9,806, compared to the week ending Oct 28. Average price per square foot for Melrose MA was $201, a decrease of 13% compared to the same period last year.

 

Average Listing Price in Melrose

Embed Info
1 yr 5 yr Max
Melrose average property price
Melrose – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$188,280+0.8%$186,723$176,602$176,415
2 bedrooms$314,434+0.3%$313,362$317,855$324,131
3 bedrooms$428,235+1.9%$420,186$418,703$422,437
4 bedrooms$550,103+1.0%$544,635$537,606$532,377
All properties$416,741+1.4%$411,168$405,516$406,935
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Average Price Per Sqft for Homes in Melrose

Embed Info
1 yr 5 yr Max
Melrose average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$201-9.9%$251$223$262
3 bedrooms$203-16.1%$237$242$259
4 bedrooms$199-12.7%$220$228$236
All properties$201-13.0%$234$231$254
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Homes for Sale in Melrose

125 Lebanon Street, Melrose MA
125 Lebanon…
$309,000
3 br  1 ba
226 Beech Avenue, Melrose MA
226 Beech…
$529,000
4 br  2 ½ ba
184 Sylvan Street #2, Melrose MA
184 Sylvan…
$209,900
2 br  1 ba
127 Vinton Street #2, Melrose MA
127 Vinton…
$350,000
3 br  2 ½ ba
9 Summer Street, Melrose MA
9 Summer St…
$435,900
4 br  1 ½ ba
10 Sunset Road, Melrose MA
10 Sunset…
$539,900
3 br  2 ½ ba
View all Melrose Homes for Sale
 
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Melrose

Real Estate Overview

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Nearby Cities

Cities
Median
sales price
Average
listing price
Malden
$262,900
$264,066
Stoneham
$330,500
$379,529
Saugus
$277,000
$411,618
Wakefield
$356,500
$486,779
Everett
$230,000
$259,359
Medford
$324,944
$358,516
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Advice

Recent Q&A in Melrose, MA

Q: How much should one offer on a bank owned property? 3 answers
Q: Melrose listings--negotiable? 2 answers
Q: Is now a good time to buy in Melrose, MA? Are there any neighborhoods to avoid in Melrose? 2 answers
Q: Tell me why YOU want to own New Construction? Be the first to answer
Q: Good afternoon:We are interested in purchasing a condo that is part of a 2-condo association (side by 4 answers

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Our real estate market trends page gives you a valuable overview of the Melrose real estate market. Find Melrose properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Melrose 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 Melrose housing statistics are available for each Melrose, MA 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.