|Avg List Price||$342,333||$293,895|
|Avg SOLD Price||$297,739|
|Avg Seller Discount||-1.3%|
Active Listings Sold Listings
Neighborhood Report for Melbourne
"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 1.8 homes per month have sold in Melbourne, and 3 homes are on the market now, so Melbourne has 1.7 months of inventory.