Chelmsford

Lowell

Tyngsborough

Andover

Lowell

Justin Melo

LAER Realty Partners

Justin Melo

LAER Realty Partners

$585kmedian price

6homes sold

0buyer transactions

Justin Melo's Top Cities

Listings closed in the past 24 months

Chelmsford2

Lowell2

Tyngsborough1

Andover1

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Performance Summary

Since February 2023, Justin Melo has closed 6 transactions representing homeowners, with a total production value of $4M and a median price of $585k. Most of Justin Melo's transactions are single family homes.

Massachusetts

Select a market segment:

All Property Types

All Price Ranges

$300k-$600k

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

82%

Pricing Precision

PRECISIONList-to-Sale Price Ratio

103%

Market Average

100%

Speed To Sale

SPEEDDays on Market

21 Days

Market Average

20 Days

Justin Melo’s Performance by City

Compare Justin Melo’s performance to other agents based on price range and property type.

Chelmsford, Massachusetts
ZIP: 01824

Select a market segment:

All Property Types

Condos

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Justin Melo has sold 2 listings in Chelmsford. The market average for similar properties sold in this area is 1, meaning Justin Melo has sold 100% more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

93%

Justin Melo has a close rate of 100% for listings in Chelmsford. The market average for similar listings in this area is 93%, so Justin Melo has closed 7% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

103%

Market Average

103%

Justin Melo closed listings in Chelmsford at more than 103% of the original listing price. The market average for similar properties is also 103%, meaning Justin Melo closes listings at the same rate as peers selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

13 Days

+23% faster

Market Average

16 Days

Justin Melo's average days on market for listings in Chelmsford is 13 days. The market average for similar properties is 16 days, meaning Justin Melo closes listings 23.1% faster than their peers.

Lowell, Massachusetts
ZIP: 01850

Select a market segment:

All Property Types

Multi-family

All Price Ranges

$600k-$1M

Listing Activity

ACTIVITYNumber of listings

Market Average

Justin Melo has sold 2 listings in Lowell. The market average for similar properties sold in this area is 1, meaning Justin Melo has sold 100% more properties than their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

87%

Justin Melo has a close rate of 100% for listings in Lowell. The market average for similar listings in this area is 87%, so Justin Melo has closed 13% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

109%

Market Average

103%

Justin Melo closed listings in Lowell at more than 109% of the original listing price. The market average for similar properties is 103%, meaning Justin Melo closes listings 6% more than other agents selling similar properties in the area.

Speed To Sale

SPEEDDays on Market

18 Days

+6% faster

Market Average

19 Days

Justin Melo's average days on market for listings in Lowell is 18 days. The market average for similar properties is 19 days, meaning Justin Melo closes listings 5.6% faster than their peers.

Tyngsborough, Massachusetts
ZIP: 01879

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Justin Melo has sold 1 listing in Tyngsborough. The market average for similar properties sold in this area is 1, meaning Justin Melo's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

88%

Justin Melo has a close rate of 100% for listings in Tyngsborough. The market average for similar listings in this area is 88%, so Justin Melo has closed 12% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

94%

Market Average

103%

Justin Melo closed listings in Tyngsborough at 94% of the original listing price. That’s a drop of 6% from the original listing price. The market average in this area is 103%, meaning Justin Melo drops the listing price by 9% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

50 Days

Market Average

17 Days

Justin Melo's average days on market for listings in Tyngsborough is 50 days. The market average for similar properties is 17 days, meaning Justin Melo closes listings 33 days slower than their peers.

Andover, Massachusetts
ZIP: 01810

Select a market segment:

All Property Types

Single Family Homes

All Price Ranges

$300k-$600k

Listing Activity

ACTIVITYNumber of listings

Market Average

Justin Melo has sold 1 listing in Andover. The market average for similar properties sold in this area is 1, meaning Justin Melo's performance is the same as their peers.

Closing Performance

PERFORMANCECLOSE RATE

100%

Market Average

87%

Justin Melo has a close rate of 100% for listings in Andover. The market average for similar listings in this area is 87%, so Justin Melo has closed 13% more listings than their peers.

Pricing Precision

PRECISIONList-to-Sale Price Ratio

95%

Market Average

102%

Justin Melo closed listings in Andover at 95% of the original listing price. That’s a drop of 5% from the original listing price. The market average in this area is 102%, meaning Justin Melo drops the listing price by 7% more than other agents selling similar properties in this area.

Speed To Sale

SPEEDDays on Market

40 Days

Market Average

19 Days

Justin Melo's average days on market for listings in Andover is 40 days. The market average for similar properties is 19 days, meaning Justin Melo closes listings 21 days slower than their peers.

Listing History

Address

Details

Represented

Sell Date

161 HILDRETH STREET

Lowell

Multi-Family

5 BR | 5 BA

seller

January 30, 2024

over 1 year ago

775 BRIDGE STREET

Lowell

Multi-Family

7 BR | 4 BA

seller

December 19, 2023

over 1 year ago

116 MIDDLESEX ROAD

Tyngsborough

Single Family House

3 BR | 2 BA

seller

December 12, 2023

over 1 year ago

181 LITTLETON ROAD UNIT #241

Chelmsford

Condominium

2 BR | 2 BA

seller

August 11, 2023

almost 2 years ago

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