The Melrose market might be rebounding in the short term, a good sign considering a current five-week downward trend. While 24 homes were sold over the last 30 days, the number of contracts executed rose to 45, the highest amount in three months. In comparison, Lynn led all other nearby municipalities with 123 contracts executed. Pricing in Melrose remains consistent from last week to this week, with the median sales price at $514,500 again. With just one month of inventory available and contracts going up, Melrose is a definite seller's market.
Being aware of new listings is a great exercise in finding the right home so take a look at these in Melrose:
Get started right now by checking out Melrose homes for sale or reviewing Melrose real estate trends.