Market Report Melrose, Massachusetts
Single Family Homes Y e a r E n d 2 0 14
Melrose Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014 Number of Range Listing Sold 1-2 Bed $149,900 - $660,000 17 3 Bed $246,000 - $930,000 122 4 Bed $343,000 - $975,000 66 5 Bed $425,000 - $1,375,000 24 6+ Bed $330,000 - $805,000 3
Days on the Market 37 38 50 46 21
Average Sale Price $ 361,401 $ 450,311 $ 560,839 $ 638,308 $ 569,167
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change -3.738% -2.895% -3.399% -2.611% 4.632% -1.236% -0.529% 6.996% 13.155%
Number of Listing Sold 237 227 209 168 158 198 212 213 250 232
Days on the Market 64 108 91 88 72 74 93 69 42 42
Average Sale Price $ 453,404 $ 436,457 $ 423,822 $ 409,417 $ 398,729 $ 417,199 $ 412,044 $ 409,863 $ 438,535 $ 496,224
$496,224
$453,404$436,457 $423,822
2005
2006
2007
$409,417 $398,729 $417,199 $412,044 $409,863
2008
Source: MLSPIN, as of 01/15/2015
2009
2010
2011
2012
$438,535
2013
2014
Market statistics
Total Sold - Melrose, MA Single Family Homes, 1/1/2014 - 12/31/2014
Avg. Days # of on Listings Market
Average Sale Price
Average List Price
SP:LP Ratio
Average Orig Price
SP:OP Ratio
$100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999
1 1 2 4 13 33 43 30 68 22 8 2 3 2
30 25 21 37 41 53 38 35 44 43 58 18 20 65
$149,900 $182,000 $243,000 $274,000 $330,577 $368,919 $423,443 $469,918 $549,816 $644,411 $751,019 $822,500 $943,333 $1,192,500
$149,900 $189,000 $229,900 $279,700 $334,931 $370,421 $418,693 $457,167 $536,272 $630,336 $757,838 $774,450 $919,600 $1,324,500
100 96 108 98 99 100 101 103 103 102 99 106 103 90
$149,900 $189,000 $229,900 $283,700 $344,338 $374,982 $424,902 $460,280 $540,378 $632,832 $761,325 $774,450 $919,600 $1,324,500
100 96 108 97 97 99 100 102 102 102 99 106 103 90
Total Properties
232
42
$496,224
$489,516
102
$493,874
101
Source: MLSPIN, as of 01/15/2015
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