|Avg List Price||$315,171||$285,867|
|Avg SOLD Price||$286,168|
|Avg Seller Discount||-0.1%|
Neighborhood Report for Melwood
"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 2.3 homes per month have sold in Melwood, and 24 homes are on the market now, so Melwood has 10.3 months of inventory.