November 2015 Real Estate Results: Monroe NY 10950

By
Real Estate Agent with Grand Lux Realty 914-419-0270 (NY), kat@thehousekat.com, (MT) 406-270-3667, more information to be provided shortly 10301213186

As seen below, the November 2015 real estate results for Monroe, NY are now available.

 

So what's been going on with 2015 Monroe NY real estate? Have we seen price increases? Decreases?

 

As can be seen above, with the exception of a few second quarter dips, median prices in Monroe have remained in the $250K and above range. That being said, when comparing overall 2015 prices to 2014 prices, this year has seen a decrease in prices. The average year-to-date sale price in 2014 through November was $295K, while in 2015 the average is around $281K. So for house sellers, that's not great news. Please note that the most recent months above could be a little misleading; the chart shows that October and November are both quite a bit lower than the preceding four months which could signal a downward trend. However, this is the same trending we saw in 2014. In fact, the November 2015 median price is actually slightly higher than the same time last year. So don't worry too much about the year-end dip in prices; it seems to be part of our normal cycle.

 

Regarding sales volume, this year has seen ~7% more Monroe NY homes sold than in 2014. Sales do typically slow down after the summer is over, so the above dip in October and November is normal.  Even with the dip in sales in the last few months, available inventory has been decreasing, with 136 active listings now, down from 150 in September.

 

So the bottom line is that prices in Monroe NY have decreased somewhat and volume has increased. Hopefully as inventory continues to decline, prices will move up. In the meantime, if you want more information about Monroe or any other Orange County area, just call me on 914-419-0270 or email me at kat@thehousekat.com

 

 

 

Posted by

 

Kat Palmiotti, The House Kat

Licensed Associate Broker, CBR®

Grand Lux Realty, Inc.

428 Main Street

Armonk, NY 10504 *

* still supporting Monroe NY, Orange & Rockland counties.

 

914-419-0270 (cell)

email: kat@thehousekat.com

www.thehousekat.com

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Rainmaker
1,925,937
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

HI Kat, always enjoy viewing information on other locations...tks for sharing.

Dec 01, 2015 01:57 AM #1
Rainmaker
1,434,973
Kat Palmiotti
Grand Lux Realty 914-419-0270 (NY), kat@thehousekat.com, (MT) 406-270-3667, more information to be provided shortly - Kalispell, MT
The House Kat

Ronald - Thanks for stopping by!

Dec 01, 2015 02:50 AM #2
Rainmaker
3,247,782
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Kat

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

Good luck and success.

Lou Ludwig

Dec 01, 2015 11:43 AM #3
Ambassador
3,982,999
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

This is a very good snapshot of the market. Though prices may have dipped the good news is the sales volume is strong.

Dec 01, 2015 09:52 PM #4
Rainmaker
679,919
Nicole Doty - Gilbert Real Estate Expert
Zion Realty - Gilbert, AZ
Broker/Owner of Zion Realty ZionRealtyAZ.com

Decreasing home values is never good but all it takes is a strong Spring and Summer season to catapult those values back up!

Dec 02, 2015 12:16 AM #5
Rainmaker
3,204,107
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kat just wanted to stop in and wish you a pleasant week, although the numbers are not what one wants to see in the prices, but the activity of sales make up for it...Endre

Dec 02, 2015 08:13 AM #6
Rainmaker
2,256,034
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Kat. Very well done report, all and all your market has some good trends and some not so much. You shared important information for anyone considering selling.

Dec 02, 2015 06:55 PM #7
Rainmaker
1,434,973
Kat Palmiotti
Grand Lux Realty 914-419-0270 (NY), kat@thehousekat.com, (MT) 406-270-3667, more information to be provided shortly - Kalispell, MT
The House Kat

Lou - And thank you for stopping by!

Debbie - Yes, homes are definitely selling.

Nicole - That's so true - come on Spring!

Endre - Thanks for stopping by, and yes, the sales volume is fine.

Joe - Thanks so much!

Dec 02, 2015 07:24 PM #8
Rainmaker
4,797,261
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Kat.  Thanks for the update for the Monroe NY real estate market.

Dec 02, 2015 07:53 PM #9
Rainmaker
4,077,525
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kat, your market trends look normal for sales going into the fall, and nice to see the average sales price remaining stable!

Dec 02, 2015 11:57 PM #10
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Kat Palmiotti

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