Monroe CT Real Estate Market Report March 2013   The Monroe CT real estate market results for March 2013 showed a 23% decrease  in sales as compared to March 2012.    Average list and sales prices declined only about 1% respectively while the median rose 24%.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT        Moving forward, the GOOD NEWS is that houses under deposit almost doubled to 33 since last month and there are 28 houses under contract.   Which houses attracted buyers and sold in Monroe CT in March 2013?    Monroe CT March 2013 Property Transfers(as recorded in the Greater Fairfield County MLS as of 4/25/13)      The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 5.46 for the last three month... 04/29/2013

  MONROE Market Trends Report Q1 2013   The Monroe market is showing signs of improvement since last year with 58% more homes selling this quarter than at the same time last year.  There are 28% fewer listings on the market.  Fewer listings and increased sales have resulted in a decrease in inventory to 7-8 months of inventory from 17 months last year.  Sale prices have decreased by 7% despite fewer listings and increased sales.  The decrease in median sale price suggests that sales are brisk at the low end of the market, but lagging in the middle of the market and upper end of the market. Last year in Q1 the price range was $136,000 to $565,000 with a median sale price of $331,250.  No homes sold for over $600,000.  In Q1 2013, the lowest sale was $52,000 and the highest was $685,000 ... 04/08/2013

  MONROE Market Trends Report February 2013   Monroe is still a strong Buyer’s Market and the trend analysis above shows no positive trends in the three month numbers.  Prices are lower than a year ago, but there is some good news.  There is only a 6 month supply of homes for sale currently compared to 11-12 months a year ago.  Thi due to a combination of more homes selling and lower inventory.   INVENTORY   SALES The lowest sale in Monroe was for $87,000 and the highest sale was $685,000 over the previous three months.  Two homes sold for more than $600,000 during that time.   HOTTEST HOMES The homes most in demand in Monroe, Connecticut are three bedroom homes priced between $275,000-$300,000.  They tend to be on the market for 110 days and sell for 96% of list price.   Thinking of b... 04/04/2013

 Monroe CT Real Estate Market Report February 2013   The Monroe CT real estate market results for February 2013 showed a 100% increase in sales as compared to February 2012.    Average list and sales prices declined 4% and 7% respectively.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT        Moving forward, there are 18 houses under deposit and 24 (pending) under contract,   Which houses attracted buyers and sold in Monroe CT in February 2013?    Monroe CT February 2013 Property Transfers(as recorded in the Greater Fairfield County MLS as of 3/5/13)      The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 5.40 for the last three months, still in seller's market territory.        Keep in mind that this ... 03/21/2013

  Monroe Market Trends January 2013   Monroe’s chart shows mixed signals over the past 3 months. Sale prices have decreased significantly and fewer homes are selling. Inventory has been decreasing over the past 12 months to the point where it is just about a balanced market. The Average List to Sales Price Ratio has remained steady at a very good level of 96%. It looks like Monroe’s real estate market hit bottom in Q1 2012 and a recovery is underway. The increased number of sales and lower inventory is a good sign. The higher end of the market now needs to pick up as well so that the average sales prices increase. MONROE INVENTORY MONROE SALES HOTTEST HOMES IN MONROE What homes are most in demand by buyers in Monroe? The sweet spot in the market is for 4 bedroom homes with a list price ... 03/17/2013

  Monroe CT Real Estate Market Report January 2013   Hold on to your hat. Drum roll, please.....  The Monroe CT real estate market results for January 2013 showed a 220% increase in sales as compared to January 2012.  Sales also increased 33% from last month. Market time went down a whopping 41%.   Average list and sales prices both decreased.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT         As of the date of this report, there were 20 houses under deposit and 20 under contract,   Which houses attracted buyers and sold in Monroe CT in January 2013?    Monroe CT January 2013 Property Transfers(as recorded in the Greater Fairfield County MLS as of 2/9/13)      The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace... 02/19/2013

Thinking of selling your home in Monroe CT or just wondering what your home is worth? Receive a FREE market analysis by filling in the simple form below. The data you provide will be analyzed, and I will email you comparable sales information and a range of approximate values for your home. If you require a more precise estimate of what your Monroe CT home is worth, I can arrange a time to tour your property. Visit these links to help you get a better understanding of the Monroe housing market and your home value. Monroe CT Market Reports Monroe MLS Homes for Sale There is no cost or obligation for this valuable service. Any information provided here is kept confidential and not shared.     Check out Monroe homes for sale in your neighborhood.     What Is My Monroe CT Home Worth? Free O... 02/01/2013

MONROE Market Trends December 2012 Monroe’s chart shows mixed signal over the past 3 months.  Sale prices have decreased significantly, but more homes are selling, which suggests homes at the lower end of the market are selling better than the high end.  Inventory has been decreasing over the past 12 months to the point where it is just about a balanced market.  The Average List to Sales Price Ratio has remained steady at a very good level of 96%.     It looks like Monroe’s real estate market hit bottom in Q1 2012 and a recovery is underway.  The increased number of sales and lower inventory is a good sign.  The higher end of the market now needs to pick up as well. Monroe Inventory Monroe Sales Hottest Homes in Monroe What homes are most in demand by buyers in Monroe?  The sweet spot i... 01/27/2013

Monroe CT Real Estate Market Report December 2012    Monroe CT real estate market results for December 2012 showed sales exactly the same as compared to December 2011.  Average list and sales prices decreased while market time went down 7%.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT         As of the date of this report, there are 13 houses under deposit and 23 under contract,   Which houses attracted buyers and sold in Monroe CT in December 2012?    Monroe CT December 2012 Property Transfers(as recorded in the Greater Fairfield County MLS as of 1/16/13)      The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 4.66 for the last three months, into the seller's market territory.        Keep in mind th... 01/17/2013

MONROE Market Trends November 2012 Monroe’s chart shows indicators of a strengthening market over the past 12 months.  Sale prices have increased significantly, inventory is lower, and the Average List to Sales Price Ratio hovers around 95-96%.  While Monroe is still in a Buyer’s Market with 7.9 months of inventory (the 12 month figure is used for the absorption analysis and a supply greater than 6 months is considered a Buyer’s Market), the trend is towards a more balanced market.  It looks like Monroe’s real estate market hit bottom in Q1 2012 and a recovery is underway.  The leveling off of prices is likely seasonal. MONROE INVENTORY MONROE SALES MONROE'S HOTTEST HOMES What homes are most in demand by buyers in Monroe?  The sweet spot in the market is for 4 bedroom homes with a list ... 12/29/2012

 Monroe CT Real Estate Market Report November 2012   It was another strong sales month for the Monroe CT real estate market.  Results for November 2012 showed a 33% INCREASE in sales over November 2011 sales.  Average list and sales prices shot up 20% and 24% respectively.  Market time decreased substantially from 161 days to 88 days or 45%.   Inventory went down with some sellers withdrawing from the market for the holidays;  Monroe remains in a  SELLER'S MARKET, with less than six months of inventory. CLICK HERE TO SEARCH for Your New Home in Monroe, CT   As of the date of this report, there are 12 houses under deposit and 27 under contract, Which houses attracted buyers and sold in Monroe CT in November 2012?   Monroe CT November 2012 Property Transfers(as recorded in the Greater Fai... 12/26/2012

  Monroe CT Real Estate Market Report October 2012   The Monroe CT real estate market report for October 2012 showed a strong 90% GAIN in sales over October 2011 sales, AND a 73% INCREASE in sales over September 2012 sales. However, average list and sales prices declined slightly at 2% and 3% respectively.  Market time decreased substantially from 161 days to 100 days or 38%.   As inventory decreases, Monroe is in the very elusive SELLER'S MARKET, with less than six months of inventory. CLICK HERE TO SEARCH for Your New Home in Monroe, CT   As of the date of this report, there are 13 houses under deposit and 31 under contract, Which houses attracted buyers and sold in Monroe CT in October 2012?   Monroe CT October 2012 Property Transfers(as recorded in the Greater Fairfield County MLS a... 11/21/2012

MONROE Market Trends October 2012   Monroe’s chart showed indicators of a strengthening market over the past six month time period, but the more recent 3 month trends are less positive.  Sale prices have decreased, inventory has increasted and the Average List to Sales Price Ratio has decreased to 93%.  While Monroe is still in a Buyer’s Market with 7.9 months of inventory (the 12 month figure is used for the absorption analysis and a supply greater than 6 months is considered a Buyer’s Market), the trend is towards a more balanced market (the three month trend is 6.6 months of inventory), but trend signals are mixed..    It looks like Monroe’s real estate market hit bottom in Q1 2012 and a recovery is underway, but the road remains rocky.   What homes are most in demand by buyers in Mo... 11/10/2012

 Monroe CT Real Estate Market Report September 2012   The Monroe CT real estate market report for September 2012 showed some strong averages but sales were off as compared to September 2011 and the previous month.   Sales were down 21% from the same period last year.  However, average list and closing prices went UP 9% and 12% respectively with a shorter average time on the market...  88 days .....  a 27% decrease from September 2011. CLICK HERE TO SEARCH for Your New Home in Monroe, CT   As of the date of this report, there are 14 houses under deposit and 29 under contract,   Which houses sold in Monroe CT in September 2012?   Monroe CT September 2012 Property Transfers(as recorded in the Greater Fairfield County MLS as of 10/20/12)   The absorption trend, which shows the number of mon... 10/23/2012

MONROE Market Trends September 2012 Monroe’s chart shows indicators of a strengthening market over the past six and three month time periods.  Sale prices have increased significantly, inventory is much lower, and the Average List to Sales Price Ratio has increased to 96%.  While Monroe is still in a Buyer’s Market with 8.9 months of inventory (the 12 month figure is used for the absorption analysis and a supply greater than 6 months is considered a Buyer’s Market), the trend is towards a more balanced market.  It looks like Monroe’s real estate market hit bottom in Q1 2012 and a recovery is underway. MONROE INVENTORY MONROE SALES HOTTEST HOMES FOR SALE IN MONROE What homes are most in demand by buyers in Monroe?  The sweet spot in the market is for 4 bedroom homes with a list price of ... 10/13/2012

  Monroe CT Real Estate Market Report August 2012   While Monroe CT had a less than stellar August 2012 market report as compared to August 2011, there is some good news.  Sales were UP 21% from the July numbers and registered as the highest sales month since September 2011.   See annual chart below. Compared to the same period last year. August 2012 sales were down 10% and list and sales price averages decreased significantly at 19% and 18% respectively. Further analysis shows August 2012 with more than half of sales or 53% of sales below $400K, while the August 2011 sales only registered 36% of sales below $400K; hence the much lower averages.   CLICK HERE TO SEARCH for Your New Home in Monroe, CT   As of the date of this report, there are 16 houses under deposit and 31 under contract... 09/24/2012

Monroe’s chart shows indicators of a strengthening market over the past six and three month time periods. Sale prices have increased significantly, inventory is much lower, and the Average List to Sales Price Ratio has decreased, but is still good at 95%. While Monroe is still in a Buyer’s Market (the 12 month figure is used for the absorption analysis and a supply greater than 6 months is considered a Buyer’s Market), the trend is towards a more balanced market. It looks like Monroe’s real estate market hit bottom in Q1 2012 and a recovery is underway. What homes are most in demand by buyers in Monroe? The sweet spot in the market is for 4 bedroom homes with a list price of $525,000-550,000. They tend to be on the market only 86 days and sell for 97% of list price. The average price o... 09/04/2012

    The increasing amount of green on Monroe’s chart is an indicator of a strengthening market. Let’s dig into the details. Sale prices have increased significantly, inventory is much lower, and the Average List to Sales Price Ratio is a very good 96%. While Monroe is still in a Buyer’s Market (the 12 month figure is used for the absorption analysis and a supply greater than 6 months is considered a Buyer’s Market), the trend is towards a more balanced market. It looks like Monroe’s real estate market hit bottom in Q1 2012 and a recovery is underway. 08/18/2012

  Monroe CT Real Estate Market Report July 2012 What's UP with the Monroe CT July 2012 market report?  Well, sit back and read the good news.   Compared to the same period last year. sales were UP 17% compared to July 2011 sales and list and sales price averages INCREASED significantly at 16% and 18% respectively.  Days on the market average went down slightly at 8%    CLICK HERE TO SEARCH for Your New Home in Monroe, CT                                                  Moving forward into August , there are 17 houses under deposit and 29 under contract setting up August for a good month as well.  Which houses sold in Monroe CT in July 2012?   Monroe CT July 2012 Property Transfers(as recorded in the Greater Fairfield County MLS as of 8/14/12)   The absorption trend, which shows the numb... 08/14/2012

  Monroe CT Real Estate Market Report June 2012 The June 2012 Monroe, Connecticut market report had its ups and downs.  Compared to the same period last year. sales were off by three sales BUT list and sales prices INCREASED significantly at 18% and 17% respectively.  Days on the market average remained flat at a 2% increase.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT                                                  Moving forward into July , there are 17 houses under deposit and 23 under contract, the second highest number of pending sales in the last year.   Which houses sold in Monroe CT in June 2012?   Monroe CT June 2012 Property Transfers(as recorded in the Greater Fairfield County MLS as of 7/17/12)   The absorption trend, which shows the number of months it would t... 08/14/2012