Home sales in Melrose continue to show growth so far this year, while the condominium market remains soft, data shows.
So far this year, nearly 12 percent more single-family homes have sold in Melrose, or 225 properties, according to the Warren Group, which tracks housing data throughout the state.
November median sales prices also improved, from $324,000 in 2010 to $377,450 this year.
Condominium sales dropped, with two units sold last month compared to five in November 2010.
Statewide, home sales are up, but the five-month trend can be deceiving: the past two Octobers have been the worst on record since October 1990, the Warren Group said.
"I'm hopeful that winding down the year on a positive note will stimulate the market in 2012," said The Warren Group CEO Timothy M. Warren Jr. in a statement. "But, a reality check of the numbers shows we may see a record low number of home sales in all of 2011, somewhere near the level in the 1990s."