April 2016 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 seen below, the real estate results for Monroe, NY are now available for the April 2016 period.

The median sales price in April 2016 decreased about 10% from March. Compared to 2015, though, sales prices were about 13% higher. While April results may be disappointing to those looking for a continued increase in sales prices, there is an explanation for the lower results. 25% of all Monroe NY sales in April were depressed properties, split evenly between foreclosures and short sales. There were also several small two-bedroom ranch homes that sold at the bottom end of the market. While not short sales, they did also contribute to the lower results.

 

Regarding sales volume, sales volume remains healthy in the Monroe NY area, with nearly 80% more sales in April than in March. Spring sellers also jumped into the housing market in April, with the March inventory of 115 single family homes jumping to 145 currently available.

 

If you want more information about Monroe or any other Orange County area, feel free to call me on 914-419-0270 or email me at kat@thehousekat.com

 

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Originally published at thehousekat.com.

Comments (21)

Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Kat.  Nice to see you back.  Very informative report.  Thanks.

May 03, 2016 10:59 AM
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

awesome report to share with the buyers and sellers in your marketplace!

May 03, 2016 11:15 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Joe - I hope so as well. We had a big add to the inventory though, so we shall see.

Conrad - Thank you and thank you!

Mark - Thank you for stopping by!

May 03, 2016 08:34 PM
Yolanda Cordova-Gilbert
Richmond, TX

Kat,

 Great report and you explained very nicely the downturn in prices and why, you are the one to turn to for buyers and sellers in Monroe.

May 04, 2016 12:49 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Yolanda - Thank you! Have a great day.

May 04, 2016 07:13 PM
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Hopefully with the addition of some inventory, you'll see a positive change in the numbers.

May 04, 2016 08:16 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Roger - Thanks for your comment! Hopefully is right.

May 04, 2016 08:35 PM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Kind of an interesting trend Kat. I guess the snow or cold can play a big part in the first few months in your neck of the woods.

May 05, 2016 12:30 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Kat - I hope that the market has been clearing the distressed inventory and median sales price will improve.

May 05, 2016 02:27 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Kat, that is a  very thorough report, prospective buyers or sellers in Monroe N. Y. should contact you.

May 05, 2016 10:23 AM
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.

May 05, 2016 09:01 PM
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Great report Kat - It was so nice seeing you at the Meet Up!  Have a wonderful weekend.

May 06, 2016 12:06 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kat, I just read a post by one of the "new gurus" on AR and had to smile the discussion was about "relevance of a Realtor" needless to say numbers like this show that there is a big value and a need for a Realtor of your caliber in your market place, Endre

May 06, 2016 04:11 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Jeffrey - Actually, this winter was a relatively easy one, so I"m not sure the weather was a big player.

Sybil - Thank you!

Gabe - And thanks for commenting!

Dagny - Thank you! It was wonderful meeting you!

Endre - Thank you very much. We have to know what's going on in our areas.

May 06, 2016 09:51 PM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Interesting graph Kat Palmiotti which showcases activity in Monroe, NY.  Buyers and sellers will benefit from your explanation of the graph and knowledge of local market.  Good luck in May

May 07, 2016 11:16 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 update for Monroe NY, and will be valuable to those seeking the stats!  

May 09, 2016 10:54 PM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Winter I am sure does not stop the real estate market, life and job relocations, estate settling, etc do not stop with a little white stuff on the ground right Kat Palmiotti ? Great real estate report.

May 10, 2016 08:41 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Looks like spring has really sprung in your market...go get 'em !

May 10, 2016 08:51 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Mary - Thank you!

Joan - Thank you for your comment!

Andrew - Ahh, what's a little snow?

Sally/David - Spring has sprung indeed!

May 10, 2016 08:57 PM
1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Prices down from last month but up from a year ago combined with the increase in available homes from 115 to 145 indicate a good market in Monroe NY and we all know which agent consumers need to call for buying or selling in Monroe.  They need to call Kat Palmiotti at 914-419-0270!

May 10, 2016 09:12 PM