All Towns

Melrose, MA — Market Report

February 2026

Market Snapshot

19Closed Sales
$16,525,900Total Volume
$416Median $/sqft
$849,900Median Sale Price
$799,900Median List Price
99.33%Median Sale-to-List Ratio
117.49%Median Sale-to-Assessment Ratio
0.88%Median Taxes-to-Sale Ratio
1,937Avg Year Built

Market Performance by Property Type

Volume & Price Metrics

TypeTotal SoldTotal VolumeMedian PriceAvg PriceMedian $/sqftAvg $/sqftAvg Year Built
Single Family11$9,563,000$920,000$869,364$414$4971,938
Condo7$5,607,900$595,000$801,129$472$459
Multi-Family1$1,355,000$1,355,000$1,355,000$342$3421,920

Median Ratio Metrics

TypeSale/ListSale/AssessmentTaxes/Sale
Single Family98.52%130.35%0.81%
Condo100.00%109.41%0.90%
Multi-Family98.55%117.49%0.98%

Average Ratio Metrics

TypeSale/ListSale/AssessmentTaxes/Sale
Single Family101.68%116.83%0.87%
Condo99.17%86.72%2006.51%
Multi-Family98.55%117.49%0.98%

Price Distribution

Sale/List ≥ 100%Sale/List < 100%

Median Ratio Metrics

BucketSale/ListSale/AssessmentTaxes/Sale
<$200k
$200k-$400k95.74%129.20%0.77%
$400k-$600k99.33%121.28%0.82%
$600k-$800k94.36%94.25%1.05%
$800k-$1.0M103.79%131.17%0.75%
$1.0M-$1.5M100.00%117.49%0.98%
$1.5M-$2.0M
$2.0M+

Average Ratio Metrics

BucketSale/ListSale/AssessmentTaxes/Sale
<$200k
$200k-$400k95.74%129.20%0.77%
$400k-$600k99.48%122.90%0.81%
$600k-$800k94.97%94.44%1.05%
$800k-$1.0M104.54%124.48%0.77%
$1.0M-$1.5M101.98%77.42%2808.81%
$1.5M-$2.0M
$2.0M+

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