August 2015 Real Estate Results: Monroe NY 10950

By
Real Estate Broker/Owner with 406-270-3667, kat@thehousekat.com, Broker/REALTOR® RRE-BRO-LIC-75443

As mentioned in previous posts, the town of Monroe NY real estate market started showing signs of price improvement in 2014 and the first quarter of 2015. April and May 2015's price results dropped, with a return to first quarter levels in June and July. So where are Monroe NY sale prices in August?

 

 

As this time, sales prices in Monroe, NY are tracking pretty closely to the same type of results we had last June, July and August.  In August 2015, 21 homes closed, with prices ranging at a low of $210K to a high of $565K.  The lowest priced home was an interesting 2,000 square foot colonial home originally built in 1850 as a stagecoach stop. Over the past 165 years, modern conveniences were added; the market indicated those upgrades brought the value up over $200K in 2015. The highest priced home was a four bedroom (two of those were master suites), 3 and a half bath, 3,400 square foot newer Colonial located in Briarcliff Estates.  The remainder of the sales included 19 homes of various styles, specificially bilevel, colonial, cape cod, victorian and even an estate.

 

The combination of sales that closed in August 2015 along with the slower rate of new listings added to the market reduced available inventory in the town of Monroe from 160 active listings in July to 147 in August.  There are currently, as of September 9th, 146 active listings in Monroe.

 

If you are interested in seeing if one of those active listings is right for you, give me a call on 914-419-0270 to discuss.

 

 

Comments (11)

Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sounds to me the market has life in it and buyers and sellers need to call you for closer analysis Endre

Sep 09, 2015 04:48 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Thanks Endre! Houses are moving....

Sep 09, 2015 08:54 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for keeping us informed of the Monroe NY real estate market, Kat.

Sep 09, 2015 09:31 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Kat. I see the improvement, hope these trends continue. Nice job with your report.

Sep 10, 2015 12:31 AM
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Kat Palmiotti 

Great work on this report. Hope you are having a wonderful week. 

Sep 10, 2015 09:45 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Gabe - And thanks for stopping by!

Joe - Thank you; there has been some improvement over the last few months; hopefully there will now be improvement on the improvement!

Alan - Thank you so much! I hope your week is great as well.

Sep 10, 2015 10:43 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Kat

Thanks for sharing the August 2015 real estate market update Monroe New York.

Good luck and success.

Lou Ludwig

Sep 11, 2015 01:53 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Lou - Thank you for stopping by!

Sep 11, 2015 08:39 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kat, great market update for Monroe, and valuable information for any buyers or sellers thinking of a move! 

Sep 11, 2015 11:24 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Hi Kat, Well written market report. I hope you get lots of call from buyers that are in the market.

Sep 12, 2015 10:27 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Joan - Thank you so much for commenting!

Debbie - Thank you also! I hope so too!

Sep 13, 2015 10:51 PM