Neighborhood Analyzer
Melbourne
  Currently Listed Sold
High Price $500,000 $500,000
Low Price $500,000 $417,000
Avg List Price $500,000 $452,400
Avg SOLD Price   $441,400
Avg Seller Discount   2.3%

Active Listings Sold Listings

Neighborhood Report for Melbourne

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"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.


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