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Melrose Real Estate Overview

Today, December 7, 2009

Market View for Melrose

Info
Avg. Listing Price $1,011,126 Wk ending Nov 25
+$761
+0.1%
w-o-w
Median Sales Price $800,000 Aug '09 - Oct '09
+$125,910
+18.7%
y-o-y
64Homes For Sale 1Open Homes
80Recently Sold 30Foreclosures

Market Trends for Melrose

Embed Info
Listing price – Melrose
Average Listing Price
$1,011,126
+0.1%
w-o-w
Median Sales Price
$800,000
+18.7%
y-o-y
Average price/sqft
$499
-15.6%
y-o-y
Number of Sales
35
+52.2%
y-o-y
More Melrose Market Trends
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Home Prices for Los Angeles

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Nov 25
 
w-o-w

Hollywood Hills
$2,390,909
+1.0%
Bel Air
$6,142,059
0.0%
Brentwood
$4,091,316
+0.7%
Silver Lake
$705,781
+2.3%
Mid City
$646,198
-0.5%
 
Movers & Shakers
Avg. listing price
Week ending Nov 25
 
w-o-w

Chinatown
$448,414
-15.5%
Westlake
$345,235
-8.8%
Los Feliz
$1,732,356
+7.5%
Montecito Heights
$415,278
+6.8%
Vermont Harbor
$279,839
+6.5%
 
View Los Angeles Home Prices Map
 

Melrose Summary

The median sales price for homes in Melrose, Los Angeles for Aug 09 to Oct 09 was $800,000 based on 35 sales. Compared to the same period one year ago, the median sales price increased 18.7%, or $125,910, and the number of sales increased 52.2%. Average price per square foot for Melrose was $499, a decrease of 15.6% compared to the same period last year.

There are currently 64 resale and new homes in Los Angeles on Trulia, including 1 open house, as well as 30 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Melrose was $1,011,126 for the week ending Nov 25, which represents an increase of 0.1%, or $761, compared to the prior week.

 

Community Info for Los Angeles

Info
More Los Angeles Community Info

Homes for Sale in Melrose

740 North Kings Road #316, Los Angeles CA
740 N Kings…
$379,000
1 br  1 ba
817 North Croft Avenue #4, Los Angeles CA
817 N Croft…
$495,000
2 br  3 ba
601 North Orange Drive, Los Angeles CA
601 N Oran…
$1,995,000
6 br  5 ba
525 North Sycamore Avenue #419, Los Angeles CA
525 N Syca…
$299,000
1 br  1 ba
622 North Vista Street, Los Angeles CA
622 N Vista…
$949,000
 
719 North Gardner Street, West Hollywood CA
719 N Gard…
$950,000
3 br  3 ba
View all Melrose Homes for Sale
 
Stats & Trends
Melrose, Los Angeles

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Los Angeles

Real Estate Overview

Homes for Sale

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
CBS Television City
$847,500
$1,243,139
Beverly Center
$832,000
$1,039,719
La Brea
$1,545,000
$1,399,609
Hollywood
$482,250
$743,131
Carthay Square
$370,638
$767,053
Miracle Mile
$691,000
$751,782

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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