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Monroe CT Real Estate Market Report August 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.
 
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As of the date of this report, there are 16 houses under deposit and 31 under contract which should make September a decent sales month as well. It's just those averages that need work.
Which houses sold in Monroe CT in August 2012?
 
Monroe CT August 2012 Property Transfers(as recorded in the Greater Fairfield County MLS as of 9/21/12)

 
The absorption trend, which shows the number of months ... more

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