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 that this rate is for ALL houses. If you are selling your home, your agent should calculate the absorption rate trend for your price point to get a more accurate analysis.
JANUARY WAS THE BOTTOM.
SEARCH for Your New Home in Monroe, CT
No doubt about where the hot spot in sales was for December! Great place for sellers with well-priced homes in good condition to be right now!
Remember, each month is a snapshot of the month including all sales. Individual price ranges and results will vary which will determine a correct listing price or amount to offer on a purchase.
Want to know what your home is worth in Monroe? Get a FREE real estate comparative market analysis done for your property in Monroe CT,
The success in selling your house in Monroe CT or any other community is dependent upon accurate pricing, effective preparation, calculating the absorption rate for your particular price point, and having a strong online marketing presence. A house will sell if there is a synergy among all four.
CONTACT ME for advice on how to LIST, MARKET, and SELL your home effectively in today's market. All agents do not provide the same marketing services.
Date Source: Greater Fairfield County Multiple Listing Service --January 16, 2013 . No representation or warranty is made to the accuracy of this information.
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Monroe CT Real Estate Market Report December 2012
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