monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold June 2016 - 07/30/16 10:30 AM
 
Homes sales in Monroe CT for June 2016 showed a 27% INCREASE IN SALES compared to June 2015 and was the highest recorded number of sales in over a year.
Average list and sales prices both INCREASED 29% with the median going UP 33%.   Visit this link to understand  the difference between median and averages.
 
The market absorption rate was at 4.32 months.  Translated it would take 4.32 months to sell off the present inventory of 121 homes keeping Monroe in a seller's market statistically for the month. 
   
 
 
 
 
 
 CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Gorgeous Luxury Home for … (1 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold May 2016 - 06/29/16 10:53 AM
 
Homes sales in Monroe CT for May 2016 showed a 32% INCREASE IN SALES compared to May 2015.
Average list and sales prices both INCREASED 5% with the median going UP 7%.   Visit this link to understand  the difference between median and averages.
 
The market absorption rate was at 4.56 months.  Translated it would take 4.56 months to sell off the present inventory of 114  homes keeping Monroe in a seller's market statistically for the month. 
   
 
 
 
 CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
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monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold April 2016 - 05/30/16 04:46 AM
 
Homes sales in Monroe CT for the month ending April 30, 2016 showed a 50% INCREASE IN SALES compared to April 2015 and 133% increase from March sales.  
Average list and sales prices both decreased 14% with the median going UP 18%.  These results make a good case for looking at ALL the numbers and understanding the difference between median and averages.
 
The market absorption rate was at 5.00 months.  Translated it would take 5.00 months to sell off the present inventory of 105  homes putting Monroe back into a seller's market statistically for the month. 
   
 
 
 
 CLICK HERE TO SEARCH for … (2 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold January 2016 - 02/28/16 08:56 AM
 
Homes sales in Monroe CT for the month ending January 31, 2016 showed a slight increase as compared to January 2015.  Not quite up to the strong finish in December 2015 (see chart below) but still on par with the previous months.   
Average list and sales prices both decreased 4% and 3% respectively with the median going down 24% as well.  Bulk of sales last year were clearly above the average for the month as the chart indicates a higher than usual median in January 2015.
 
Market absorption rate was at 6.85 months.  Translated it would take 6.85 months to sell off … (1 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold December 2015 - 01/30/16 04:39 AM
 
For the Fourth straight month there was ANOTHER nice increase in homes sales in Monroe CT! Real estate closed sales for December 2015 went UP 79% as compared to December 2014 closed sales.
Average list and sales prices both decreased 4% with the median going down 10% as well. 
 
Market absorption came in very low at 3.08 months.  Translated it would take 3.08 months to sell off the present inventory of 77 homes putting Monroe in a sellers market statistically.  The combination of inventory dropping 10% as well as higher sales helped drive the rate down.
   
 
 
 
 CLICK HERE TO SEARCH for Your New … (0 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold November 2015 - 12/29/15 12:49 AM
 
Yet ANOTHER nice increase in homes sales in Monroe CT! Real estate closed sales for November 2015 went UP 100% as compared to November 2014 closed sales.
Average list and sales prices INCREASED 7% and 5% respectively with the median going UP 9% as well. 
 
Market absorption came in at 6.14 months meaning it would take 6.14  months to sell off the present inventory of 86 homes keeping Monroe in a buyers market statistically just on the fringe of a balanced market. 
   
 
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 12 houses under deposit and 17 properties under contract.
 
Thinking of … (7 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold October 2015 - 11/30/15 04:47 AM
 
ANOTHER nice increase in homes sales in Monroe CT! Real estate closed sales for October 2015 went UP 79% as compared to October 2014 closed sales.
Average list and sales prices INCREASED 12% and 13% respectively with the median going UP 5% as well.  Sales were also up 14% from last month. See chart below.
 
Market absorption came in at 6.31 months meaning it would take 6.31  months to sell off the present inventory of 101 homes keeping Monroe in a buyers market statistically. 
   
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 19 houses under deposit and 18 properties under … (0 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold September 2015 - 10/30/15 10:01 AM
 
Real estate sales in Monroe CT for September 2015 went UP 75% as compared to September 2014 closed sales.
Average list and sales prices both INCREASED 7% and 6% respectively with the median going UP 13% as well. 
 
Market absorption came in at 8.57 months meaning it would take 8.57 months to sell off the present inventory of 120 homes keeping Monroe in a buyers market statistically. 
   
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 26 houses under deposit and 18 properties under contract.
 
Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe real … (1 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold August 2015 - 09/30/15 10:08 AM
 
Real estate sales in Monroe CT for August 2015 went down 10% as compared to August 2014 closed sales.
Average list and sales prices both INCREASED 15% and 18% respectively with the median going UP 15% as well. 
 
Market absorption came in at 7.83 months meaning it would take 7.83 months to sell off the present inventory of 141 homes pushing Monroe back into a buyers market statistically. 
   
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 13 houses under deposit and 21 properties under contract.
 
Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe … (0 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold July 2015 -- Highest Sales Month For Year! ! - 09/01/15 04:18 AM
 
Real estate sales in Monroe CT for July 2015 went UP 8% as compared to July 2014 closed sales AND registered a 22% increase from June 2015 sales. See annual chart below.   
Average list and sales prices both decreased 4% with the median falling 4% as well. 
 
Market absorption came in at 5.11  months meaning it would take 5.11 months to sell off the present inventory of 138 homes just keeping Monroe in a sellers market statistically. 
   
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 14 houses under deposit and 19 properties under contract.
 
Thinking of selling and want to know … (3 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold June 2015 - 07/30/15 12:58 AM
 
Real estate sales in Monroe CT for June 2015  went down 8% as compared to June 2014 closed sales BUT  registered a 16% increase from May 2015 sales. See annual chart below.   
Average list and sales prices both decreased 9% with the median falling 9% as well. 
 
Market absorption came in at 6.18  months meaning it would take 6.18  months to sell off the present inventory of 136 homes just keeping Monroe in a buyer's market statistically. 
   
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 24 houses under deposit and 24 properties under contract.
 
Thinking of selling and want to know … (0 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold May 2015 - 06/29/15 11:12 AM
 
Real estate sales in Monroe CT for May 2015  INCREASED 19% as compared to May 2014 closed sales and registered a 36% increase from April 2015 sales. See annual chart below.   
Average list and sales prices were flat with the median falling 6%. 
 
Market absorption came in at 7.37  months meaning it would take 7.37  months to sell off the present inventory of 140 homes keeping Monroe in a buyer's market statistically. 
   
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 27 houses under deposit and 25 properties under contract.
 
Thinking of selling and want to know what your home might sell … (0 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold April 2015 - 05/29/15 11:15 AM
 
Real estate sales in Monroe CT for April 2015  INCREASED 40% as compared to April 2014 closed sales and registered a 27% increase from March 2015 sales. See annual chart below.   
Average list and sales prices both decreased 6% and 4% respectively with the median home taking a 27% tumble as half the sale for the month were below $300K. 
 
Market absorption came in at 9.00 months meaning it would take 9.00 months to sell off the present inventory of 126  homes keeping Monroe in a buyer's market statistically. 
   
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 32 … (0 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold March 2015 - 04/28/15 11:10 AM
 
Real estate sales in Monroe CT for March 2015  INCREASED 22% as compared to March 2014 closed sales.   
Average list and sales prices both INCREASED 7% and 8% respectively with the median home price UP 8%. 
 
Market absorption came in at 8.91 months meaning it would take 8.91 months to sell off the present inventory of 98  homes placing Monroe in a buyer's market statistically.  Still low sales overall combined with an increase in inventory led to the higher than normal absorption rate.
   
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 28 houses under deposit and 19 properties under contract.. a … (3 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold February 2015 - 03/30/15 08:07 AM
 
 Real estate sales in Monroe CT for February 2015  INCREASED 45% as compared to February 2014  closed sales.   
Average list and sales prices both decreased 14% and 15% respectively with the median home price down 4%. 
 

Market absorption came in at 5.13 months meaning it would take 5.13 months to sell off the present inventory of 82 homes placing Monroe in a seller's market statistically. 
   
 
 
 
 
CLICK HERE TO SEARCH for Your New Home in Monroe, CT
 
Futures show 26 houses under deposit and 12 properties under contract.
 
Thinking of selling and want to know what your … (2 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold January 2015 - 02/21/15 07:37 AM
 

 
Real estate sales in Monroe CT for January  2015  INCREASED 71% as compared to January 2014  closed sales.   
Average list and sales prices both INCREASED 39% with the median home price INCREASING 82%. 
 
The only negative for the month was the significant increase in days on the market brought up by a few high outliers.

Market absorption stayed about the same at 7.08 months meaning it would take 7.08  months to sell off the present inventory of 85 homes keeping Monroe in a buyer's market statistically. 
   
 
 
 
 
CLICK HERE TO SEARCH for … (4 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold December 2014 - 01/22/15 01:13 AM
 

Monroe CT real estate sales and averages ended 2014 on a high note!

Real estate sales for December 2014 INCREASED 27% as compared to December 2013 closed sales.   
Average list and sales prices INCREASED 26% and 23% respectively.   The median home price INCREASED 29%. 
 
Additionally, sales were UP 100% from November 2014. See annual chart below.
Days on the market went up 66%, the only negative for the month.

Market absorption came down significantly to 6.36 months meaning it would take 6.36 months to sell off the present inventory keeping Monroe in a buyer's market … (2 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold November 2014 - 12/18/14 03:29 AM

The Monroe CT single family real estate sales for November 2014 decreased 53% as compared to November 2013 closed sales.    However, average list and sales prices INCREASED 8% and 9% respectively.   The median home price decreased 2%.  Days on the market came DOWN 35%.

Even with a decrease in inventory, low sales kept the market absorption rate still high at 12.86 months meaning it would take 12.86 months to sell off the present inventory keeping Monroe in an extraordinarily high buyer's market statistically. 
Keep in mind these are numbers and straight calculations.  A house can still be sold in a very … (4 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold October 2014 - 11/11/14 02:05 AM

The Monroe CT single family real estate sales for October 2014 decreased 30% as compared to October 2013 closed sales.    However, average list and sales prices INCREASED 11% and 10% respectively.   The median home price followed with an 18% INCREASE.  Days on the market came DOWN 36%.

With a decrease in inventory and sales on par with last month, the market absorption rate for the month came down slightly but was still high at 12.89 months meaning it would take 12.89 months to sell off the present inventory keeping Monroe in an extraordinarily high buyer's market statistically.  Remember, these are numbers … (2 comments)

monroe ct market report: Monroe CT Real Estate Market Report and Homes Sold September 2014 - 10/28/14 02:18 AM

The Monroe CT single family real estate sales for September 2014 decreased 27% as compared to September 2013 closed sales.    Average list and sales prices both went down 20%.   The median home price followed with a 14% decrease. 

With inventory staying the same and sales low, the market absorption rate for the month was 16.75 months meaning it would take 16.75  months to sell off the present inventory pushing Monroe into an extraordinarily high buyer's market statistically.  Don't despair, though.  These are numbers and calculations.  A house can still be sold in a very short period of time provided it … (0 comments)

 
Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale (RealtyQuest/Kinard Realty Group, Fairfield and New Haven County CT Real Estate) Rainmaker large

Barbara Altieri

REALTOR-Fairfield County CT Homes/Condos For Sale

Shelton, CT

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RealtyQuest/Kinard Realty Group, Fairfield and New Haven County CT Real Estate

Address: 30 Huntington Street, Shelton, CT , 06484

Mobile: (203) 520-6930

Office: (203) 656-4993

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Author Bio: Barbara Altieri, CT REALTOR®, helps Fairfield and New Haven County buyers and sellers successfully navigate through a real estate transaction. A proven sales and marketing professional, Barbara provides exceptional customer service and market knowledge. Call 203-520-6930 to discuss your needs and housing dreams. View all AR Posts By Barbara Altieri Blog Google+
All data and information provided on this blog is for informational purposes only. Barbara Altieri makes no representations as to the accuracy, completeness, correctness, suitability or validity of any information on this site and will not be liable for any errors, omissions, or delays in information or any losses, injuries, or damages arising from its display or use.


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