Melrose, Los Angeles Homes For Sale & Real Estate

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Melrose Real Estate Insights

Melrose is a neighborhood located in Los Angeles, California.

For those who love to eat, Melrose is perfect as there are great restaurants with many styles of cuisines like pizza, French and modern European, so you will always have exciting dining options! This place is full of unique nightlife spots which offer a great atmosphere for hanging out with friends or meeting some new ones. You'll never be short of things to do, thanks to the many performing arts spots, music halls and cinemas here which offer something for everyone. You don't need to look far for a bit of action and excitement; this location has so many great activities to offer like playing at the park, tennis and cycling classes. With many shops here, such as fashion stores, art galleries and photography stores, you'll be able to find an impressive selection of products to suit almost any budget. The safe and secure community of this locale is a great place for raising children.

The number of homeowners who do not occupy their home is quite high in Melrose, so you see a great amount of occupant turnover. Don't worry about being the third wheel when moving to this neighborhood; many residents are living the single life and enjoy socializing.

In Melrose, home prices depreciated prominently by a 13.6 percent year-over-year, providing future buyers with lower budgets a better range of options. The average listing price last year was $1,809,555. At the same time, inventory decreased marginally year-over-year by 8.6 percent, but a wide range of homes for sale stood on the market in this year with 32 listings for sale throughout this neighborhood. Several of the homes in the area have a unique Spanish design with graceful arches that are sure to impress your guests. There are various different penthouses available in this locale that will suit a wide range of tastes - take a look and see if you can find your dream place. If you love to cook, you'll be happy to find that quite a few properties in Melrose feature top-quality Bosch kitchen appliances.