Melrose Real Estate Market Extends Downward Trend in Contracts

Over the last 30 days, the Melrose market was steady and saw one home sold. However, the number of pending transactions continued to decline, with a total of zero transactions during the same period. The median sales price in Melrose stayed put this week at $92,500.

Get started right now by checking out Melrose homes for sale or reviewing Melrose real estate trends.

Demographic facts for Melrose:

  • The median value of all homes is $72,900.
  • This area usually gets 86 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 7.9%.
  • For every teacher there are 18.3 students in this area. (15.3 = national average)

Data reported through 10/19/2016

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