Real Estate In Melrose Park is a sellers’ market with low inventory of homes in Melrose Park and a lot of buyer interest. There is a 3.85 months supply of inventory on the market in Melrose Park on January 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Melrose Park last month was 32 days. It took on average 12 days to sell Melrose Park Condo, Townhouse or a Duplex.
The number of home sales in Melrose Park from December 1, 2018 through December 31, 2018 was 10 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 $116/Sq.Ft, which is 0% no change from last month.


In Melrose Park there were 1 units sold in December in the price range between $60,000 – $118,920 with an average of 4 bedrooms and 2 bathrooms and average Square footage of 1,865SF.

In Melrose Park there were 5 units sold in December in the price range between $118,921 – $213,869 with an average of 3 bedrooms and 1.2 bathrooms and average Square footage of 1,192SF.

In Melrose Park there were 4 units sold in December in the price range between $213,870 – $249,900 with an average of 4 bedrooms and 2.3 bathrooms and average Square footage of 2,120SF.

The middle price range had the most activity. Homes up to $213,869 were on the market on average 28 days and sold an average of $157,300.

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!

Melrose Park
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$205,109
$210,387
Median Sales Price
$177,107
$177,840
Month supply of inventory
4.5
3.8
Market Time Detached
21 days
32 days
Market Time Attached
53 days
12 days
Inventory
84 properties
71 properties
Low price range
$135,000 – $156,054
$60,000 – $118,920
Low price range market time
18 days
129 days
Low price range units sold
0
1
Low price range bedrooms
3
4
Low price range bathrooms
1.4
2
Low price range approx sqft
1,028 SF
1,865 SF
Mid price range
$156,055 – $218,553
$118,921 – $213,869
Mid price range market time
78 days
28 days
Mid price range units sold
3
5
Mid price range bedrooms
2.7
3
Mid price range bathrooms
1.7
1.2
Mid price range approx sqft
1,613 SF
1,192 SF
High price range
$218,554 – $260,000
$213,870 – $249,900
High price range market time
4 days
9 days
High price range units sold
3
4
High price range bedrooms
4.3
4
High price range bathrooms
2.3
2.3
High price range approxsqft
1,541 SF
2,120 SF