Thirty percent rise in Melrose home sales


Melrose saw a 30 percent rise in home sales in November compared with the same month last year, but year-to-date sales still lag slightly behind the 2011 pace, according to recent data. A total of 26 single-family homes were sold in the city last month, up from 20 in November 2011, according to data from The Warren Group,which tracks real estate data statewide. A total of 213 homes have been sold in Melrose year-to-date, down from 223 through November 2011, according to the data. Home sale prices in Melrose are up slightly compared with last year. The average sale price year-to-date in the city is $401,500, a 1.9 percent increase over last year.

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