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Monroe NY Real Estate Results - February 2019
The Monroe, NY real estate results are available for February 2019.  The number of monthly sales decreased from the previous month, available inventory decreased and sales prices increased.
 
Following is an overview of the February 2019 Monroe NY results.
 Sales Volume 
In the month of February 2019, there were 14 single family home sales. This number was less than the January results, but that is typical February behavior. That being said, February 2019 sales were 40% higher than last February, so this year is definitely starting off stronger than 2018. Also, there are 42 homes currently under contract with nearly half going under contract at least a month and a half ago. Those sales will probably show up in the March results.
 
In terms of inventory, at the end of January 2019 there were 88 homes on the market while at the end of February there were only 75, a decrease of 15%. At the end of February 2018, there were 78 homes on the market, so the market is carrying just about the same level of inventory as a year ago. Also of interest, the current number of active listings represents less than 4 months of inventory. That means that at this moment, the market is ... more

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