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Melrose Park Home Values and Market Report

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 12 months, homes sold for 99.9% of list price in 9 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $500K Sold · $470K
$570K$460K$350K$240K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Oct. Last month: 0.

Where the market stands

All homes in this report, by status.

17homes
Active6 · 35%
Under contract2 · 12%
Sold (12 mo)9 · 53%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$380K
Under contract$176K
Sold$476K

Average days on market

Active45 days
Under contract1,328 days
Sold9 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 6
Average list price $380,150
Avg. days on market 45 days
Avg. price per ft² $187
Avg. living area 2,063 ft²
Avg. beds / baths 3.5 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$900K$600K$300K$0

Price vs. living area: 6 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 6 homes in this status.

321 Asbury Ave$214
232 E Fariston Dr$212
413 Asbury Ave$191
7303 Mountain Ave$175
900 Valley Rd Unit C-403$167
900 Valley Rd Unit A202$165

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
7303 Mountain AveElkins Park, PA 19027 643,821$669,000$17538 days
413 Asbury AveElkins Park, PA 19027 332,279$437,000$19163 days
321 Asbury AveElkins Park, PA 19027 311,492$320,000$2143 days
900 Valley Rd Unit C-403Elkins Park, PA 19027 321,762$295,000$16763 days
900 Valley Rd Unit A202Melrose Park, PA 19027 321,753$289,900$165101 days
232 E Fariston DrPhiladelphia, PA 19120 331,272$270,000$2123 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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