Why Live in Melrose East Side
Bounded by Lynn Fells Parkway, Lebanon Street and several green spaces, Melrose, Massachusetts’s East Side neighborhood offers its residents a convenient location north of Boston with highly rated schools and easy access to green spaces. “East Side Melrose is very desirable,” says Jill Leeman, a real estate agent with Leeman & Gately/Compass who has lived in Melrose her whole life. “You might be walking distance to Bellevue Golf Course, the private course, or walking distance to Mount Hood, a public one.” That walkability is a key feature, as is the proximity to Boston. “You can get to Boston very easily,” Leeman says. This neighborhood is largely homeowners, with almost 90 of residents owning rather than renting. The neighborhood’s housing market moves quickly and combines high values with comparative affordability. “People are coming here from surrounding communities because we are a little more affordable,” Leeman says. “But houses are on the higher end of property value.” Much of the neighborhood offers mature, well-spaced trees, small tidy lawns and well-kept sidewalks. “I love that there’s sidewalks,” Leeman says. Victorians, Colonial Revivals and multi-story Cape Cods are
Home Trends in Melrose East Side, MA
On average, homes in Melrose East Side, Melrose sell after 15 days on the market compared to the national average of 51 days. The median sale price for homes in Melrose East Side, Melrose over the last 12 months is $857,500, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$857,500
Median Single Family Sale Price
$855,000
Median Townhouse Sale Price
$1,009,000
Median 2 Bedroom Sale Price
$562,450
Average Price Per Sq Ft
$471
Number of Homes for Sale
8
Last 12 months Home Sales
66
Median List Price
$859,500
Median Change From 1st List Price
-4%
Median Home Sale Price YoY Change
-7%