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Melrose Park Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Melrose Park home sales for the month of June decreased in volume by 44.4% when compared to last year, while the median sale price decreased by 0.2% from $208,500 to $208,000. The number of Single Family homes sales decreased by 47.1%, while the median sale price rose by 2.8% from $212,000 to $218,000. Condo/townhome sales stayed the same, while the median sale price decreased by 18.5% from $205,000 to $167,000.

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Median Sale Prices for Melrose Park

189k
207k
217k
208k
196k
202k
227k
205k
232k
193k
212k
174k
218k
205k
205k
208k
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Number of Sales for Melrose Park

15
15
16
18
14
18
17
12
16
8
11
8
15
9
13
10
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Real Estate Sales for June in Melrose Park

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 18 10 -44.4% 67 67 0%
(Single Family) 17 9 -47.1% 61 58 -4.9%
(Condos/Townhomes) 1 1 0% 6 9 +50%
Median Sale Price $208,500 $208,000 -0.2% $207,000 $209,000 +1%
(Single Family) $212,000 $218,000 +2.8% $210,000 $211,250 +0.6%
(Condos/Townhomes) $205,000 $167,000 -18.5% $195,000 $187,000 -4.1%
Days on Market 15 39 +156.7% 24 22 -8.3%
(Single Family) 14 41 +192.9% 25 23 -10%
(Condos/Townhomes) 29 28 -3.4% 15 10 -33.3%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Melrose Park? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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Marco Amidei is an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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