| Currently Listed | Sold | |
|---|---|---|
| High Price | $495,000 | $500,000 |
| Low Price | $495,000 | $425,000 |
| Avg List Price | $495,000 | $467,000 |
| Avg SOLD Price | $454,000 | |
| Avg Seller Discount | 2.8% |
Sold Listings
Neighborhood Report for Melbourne
"Inventory" represents how many months it would take, given recent sales trends,
for all homes in the neighborhood to be sold. Generally, more than 6 months of inventory suggests a "buyer's market."
Over the past year, an average of 0.4 homes per month have sold in Melbourne, and 1 homes are on the market now, so Melbourne has 2.4
months of inventory.