Entry-Level
Ultra Luxury — Above $1,000 per SqFt
High-End — $650 - $1,000 per SqFt
Mid-Tier — $400 - $650 per SqFt
Premium — $300 - $400 per SqFt
Entry-Level — Below $300 per SqFt
Reviews ()
Market Action
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Shows who has more leverage in the market
0–30 favors buyers
30–100 favors sellers
Selling Speed
11
SteadyShows how quickly homes are being absorbed by buyers
20%+ Fast
8–19.9% Steady
Below 8% Slow
Inventory Supply
9.09
HighShows how many months it would take to sell current inventory
0–3 Low
3–6 Balanced
6+ High
Sales Activity
—
UpdatingAwaiting sufficient data
Shows how often homes are selling in this community
2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
Rating
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Community rating based on resident and buyer reviews
4.5+ Excellent
4.0–4.49 Good
3.0–3.99 Average
Below 3.0 Below Average
Melrose Cove Market Status
Rolling 12-Month Calculation • Updated 07-18-2026
Market Report For Melrose Cove
Closed Sales as of Jul 18, 2026
$787,500
Median Closing Price
$278
Price Per Square Foot
4
Properties Sold in last year
Active Listings for Sale Overview
Listings as of Jul 18, 2026
$751,000
Median Listing Price
$278
Price Per Square Foot
3
Properties For Sale
Price Reductions for Active Sale Listings in Melrose Cove
Price Reductions for Closed Sale in Melrose Cove
Community Snapshot
78
Avg. Days On Market
$751,000
Median Ask Price
$259
Median Ask $/SqFt
$787,500
Median Sold Price
$278
Median Sold $/SqFt
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