Market report, updated
Melrose Park Home Values and Market Report
Search in the subdivision of Melrose Park
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.
2
O
0
N
1
D
0
J
0
F
0
M
2
A
2
M
2
J
0
J
1
A
0
S
Where the market stands
All homes in this report, by status.
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
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.
2
0–30 days
3
31–90
1
91–180
0
181–365
0
365+
Bedroom mix
Number of homes by bedroom count.
5
≤3 bd
0
4 bd
0
5 bd
1
6 bd
0
7 bd
0
8+ bd
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
Every home in this list is on the map.
Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
| 7303 Mountain AveElkins Park, PA 19027 |
6 | 4 | 3,821 | $669,000 | $175 | 38 days |
| 413 Asbury AveElkins Park, PA 19027 |
3 | 3 | 2,279 | $437,000 | $191 | 63 days |
| 321 Asbury AveElkins Park, PA 19027 |
3 | 1 | 1,492 | $320,000 | $214 | 3 days |
| 900 Valley Rd Unit C-403Elkins Park, PA 19027 |
3 | 2 | 1,762 | $295,000 | $167 | 63 days |
| 900 Valley Rd Unit A202Melrose Park, PA 19027 |
3 | 2 | 1,753 | $289,900 | $165 | 101 days |
| 232 E Fariston DrPhiladelphia, PA 19120 |
3 | 3 | 1,272 | $270,000 | $212 | 3 days |
Under contract homes
Pending and contingent sales
Homes under contract
2
Average list price
$176,450
Avg. days on market
1,328 days
Avg. price per ft²
$215
Based on 1 of 2 homes
Avg. living area
1,528 ft²
Based on 1 of 2 homes
Avg. beds / baths
3.0 / 4.0
Price vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
1 home didn’t report living area and isn’t shown.
$600K$400K$200K$0
Price vs. living area: 1 home plotted, up to $600K and 3,000 ft².
0 ft²1,0002,0003,000 ft²
Days on market before going under contract
Number of homes by days on market.
1
0–30 days
0
31–90
0
91–180
0
181–365
1
365+
Bedroom mix
Number of homes by bedroom count.
1 home didn’t report bedrooms and isn’t shown.
1
≤3 bd
0
4 bd
0
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft²
Top 1 home in this status.
120 E 65th Ave$215
All under contract listings
Every home in this list is on the map.
Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
| 120 E 65th AvePhiladelphia, PA 19120 |
3 | 4 | 1,528 | $329,000 | $215 | 7 days |
| 1306 W Cheltenham AvePhiladelphia, PA 19126 |
— | — | — | $23,900 | — | 2,650 days |
Sold homes
Closed in the last 12 months
Homes sold
9
Average sold price
$475,700
Avg. days to sell
9 days
Sold vs. list price
99.9%
Avg. price per ft²
$190
Avg. living area
2,573 ft²
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: 9 homes plotted, up to $900K and 6,000 ft².
0 ft²2,0004,0006,000 ft²
How long homes took to sell
Number of homes by days on market.
8
0–30 days
1
31–90
0
91–180
0
181–365
0
365+
Bedroom mix
Number of homes by bedroom count.
4
≤3 bd
1
4 bd
3
5 bd
1
6 bd
0
7 bd
0
8+ bd
Highest price per ft²
Top 7 homes in this status.
309 Glenwood Rd$272
905 Stratford Ave$239
7726 Mill Rd$233
7450 4th Ave$189
7404 Mtn$175
8228 Manor Rd$163
7728 Union Ave$163
Sold price vs. list price
How close homes sold to their asking price.
2
Under 95%
0
95–98%
1
98–100%
2
100–102%
4
Over 102%
Every home in this list is on the map.
Click a marker for the home.
| Address | Beds | Baths | Living ft² | Sold price | Sold / list | $ / ft² | Days to sell |
| 7404 MtnMelrose Park, PA 19027 |
6 | 3 | 4,218 | $739,900 | 100.0% | $175 | 8 days |
| 7726 Mill RdElkins Park, PA 19027 |
5 | 3 | 2,875 | $670,000 | 99.3% | $233 | 5 days |
| 905 Stratford AveElkins Park, PA 19027 |
3 | 3 | 2,162 | $518,000 | 103.6% | $239 | 4 days |
| 8228 Manor RdElkins Park, PA 19027 |
5 | 4 | 2,956 | $483,000 | 102.8% | $163 | 4 days |
| 907 Melrose AveElkins Park, PA 19027 |
3 | 3 | 3,089 | $470,000 | 94.0% | $152 | 6 days |
| 7450 4th AveElkins Park, PA 19027 |
4 | 3 | 2,397 | $455,000 | 102.2% | $189 | 3 days |
| 309 Glenwood RdElkins Park, PA 19027 |
3 | 2 | 1,312 | $357,500 | 105.1% | $272 | 7 days |
| 7419 Mountain AveElkins Park, PA 19027 |
5 | 3 | 2,690 | $347,900 | 100.0% | $129 | 41 days |
| 7728 Union AveElkins Park, PA 19027 |
3 | 1 | 1,466 | $240,000 | 92.3% | $163 | 5 days |
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.
MeetTheBarbosaGroup.com
The Barbosa Group
hl6
True
https://t2.realgeeks.media/thumbnail/KJWbGoTnJXxzZP5l5lOKa10R4ok=/fit-in/200x43/filters:format(png)/api.typeform.com/forms/u7ZhNBOW/responses/ltkvbxbaxcbpu4bltk5q4ddsqz0k8cr5/fields/pC8o4WAqqHgG/files/7bdf9f3fb700-image.png
https://t2.realgeeks.media/thumbnail/QiCbiR245YXfHuMvVl7Oes_9Vxk=/fit-in/400x86/filters:format(png)/api.typeform.com/forms/u7ZhNBOW/responses/ltkvbxbaxcbpu4bltk5q4ddsqz0k8cr5/fields/pC8o4WAqqHgG/files/7bdf9f3fb700-image.png