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 5.54 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 28 days. It took on average 45 days to sell Melrose Park Condo, Townhouse or a Duplex.
The number of home sales in Melrose Park from August 1, 2019 through August 31, 2019 was 19 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 $118/Sq.Ft, which is 1% a decline from last month.
In Melrose Park there were 2 units sold in August in the price range between $96,075 – $148,308 with an average of 2.5 bedrooms and 1 bathrooms and average Square footage of 941SF.
In Melrose Park there were 15 units sold in August in the price range between $148,309 – $254,769 with an average of 2.9 bedrooms and 1.8 bathrooms and average Square footage of 1,444SF.
In Melrose Park there were 2 units sold in August in the price range between $254,770 – $309,000 with an average of 3 bedrooms and 2.1 bathrooms and average Square footage of 1,909SF.
The middle price range had the most activity. Homes up to $254,769 were on the market on average 23 days and sold an average of $201,146.
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!