Real Estate In Melrose Park is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.72 months supply of inventory on the market in Melrose Park on December 31, 1969.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Melrose Park last month was 47 days.
The number of home sales in Melrose Park from October 1, 2019 through October 31, 2019 was 11 units. That is 1% above the number of homes sold last month in Melrose Park.
The average price per square foot in the area is now $119/Sq.Ft, which is 7% a decline from last month.
In Melrose Park there were 3 units sold in October in the price range between $115,000 – $159,839 with an average of 2 bedrooms and 1 bathrooms and average Square footage of 900SF.
In Melrose Park there were 6 units sold in October in the price range between $159,840 – $267,338 with an average of 3 bedrooms and 1.7 bathrooms and average Square footage of 1,544SF.
In Melrose Park there were 2 units sold in October in the price range between $267,339 – $330,000 with an average of 4 bedrooms and 2.1 bathrooms and average Square footage of 1,512SF.
The low price range had the most activity. Homes up to $159,839 were on the market on average 39 days and sold an average of $131,000.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Melrose Park. Search all Melrose Park homes for Sale on propertyup.com If you are considering viewing Melrose Park, you may want to do so now!