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Monroe, CT Real Estate News

By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
      Monroe Connecticut is a quintessential country town located in Fairfield County with strong appeal to families and those interested in a quiet, laid back atmosphere. Monroe has a population of just under 20,000. It has many amenities, such as golf, water activities, and parks in a convenient commuter location for those traveling toward New York City or towards the Danbury area.      SEARCH MLS FOR MONROE HOMES FOR SALE   The town has a positively acclaimed public school system that draws the attention of many young families. The highly rated school system provides 3 elementary schools, 1 middle school, and 1 high school which is regarded as one of the best in the state. For those seeking private schooling, Monroe offers St. Jude’s Catholic school for students in Kindergarten throu...
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
Castlewood Condos on Stonecroft Way, Monroe, CT 06468 Built in 2007, the attention to detail and great workmanship of Castlewood Condos ensures that your home will give you years of comfortable living. Castlewood is a 31 unit complex of detached cluster homes in Monroe, CT. The three bedroom units range from 1,900 to 2,900 square feet, giving you plenty of space.   The living area is open, flowing easily into the dining area, and the kitchen is close by. The living room and den with fireplace have hardwood floors, crown moldings and recessed lighting.   The dining area also has hardwood floors, wainscoting, and crown molding.   The eat-in kitchen is open with granite counters and stainless steel appliances. Custom glass fronted cabinets, and hardwood floors are also featured.   Upstair...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT single family real estate sales for June 2014 was the HIGHEST recorded sales month for the year.  Sales were also UP 14% as compared to June 2013.  Average list and sales prices went down 4 and 5% respectively.   The median home price followed with a 4% decrease. Sales were UP 50% from May.  See annual chart below. The market absorption rate for the month was 4.71 months meaning it would take 4.71  months to sell off the present inventory keeping Monroe in a buyer's market statistically.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 21 houses under deposit and 16 properties under contract.  Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe real estate comparative market analysis.   Sellers:  Please read Bigg...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT single family real estate sales for May 2014 decreased 33% as compared to May 2013, but average list and sales prices INCREASED 5% and 6% respectively.  The median home price was relatively flat and days on the market went down 14%. Sales were UP 77% from April.  See annual chart below. The market absorption rate for the month was 6.81 months meaning it would take 6.81 months to sell off the present inventory keeping Monroe in a buyer's market statistically.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 27 houses under deposit and 23 properties under contract.  Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe real estate comparative market analysis.   Sellers:  Please read Biggest Home Seller Mistakes if yo...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT closed single family real estate sales for April 2014 decreased 47%,  as compared to April 2013.   However, average list and sales prices INCREASED 13% and 11% respectively.  The median home price INCREASED 42%.   The market absorption rate for the month was at a high 11.00 months meaning it would take 11 months to sell off the present inventory keeping Monroe in a strong buyer's market statistically. Lower sales combined with slightly higher inventory accounted for the high absorption rate this month.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 24 houses under deposit and 24 properties under contract.  Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe real estate comparative market analysis.   Sellers:  P...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT closed single family real estate sales for March 2014 went down one sale,  as compared to March 2013.   Average list and sales prices INCREASED 4% and 2% respectively.  The median home price decreased 28%.   The market absorption was at a high 10.44 months meaning it would take 10.44 months to sell off the present inventory keeping Monroe in a strong buyer's market statistically. A 27% increase in inventory and static sales accounted for that sharp rise in market absorption.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 25 houses under deposit and 17 properties under contract.  Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe real estate comparative market analysis.   Sellers:  Please read Biggest Home Sell...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT closed single family real estate sales for February 2014 went down a bit, 8%,  as compared to February 2013.   However, sales went up 57% from last month. See annual chart below. Average list and sales prices INCREASED 10% and 12% respectively.  The median home price INCREASED 4%.   The market absorption was at 6.82 months meaning it would take 6.82 months to sell off the present inventory keeping Monroe in a buyer's market statistically.      CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 9 houses under deposit and 17 properties under contract.    Inventory is still LOW! Get your house on the market now before the 2014 early spring rush if you want to present your home in a less competitive atmosphere. Get a FREE Monroe real estate comparative mark...
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By Gail Robinson, CRS, GRI, e-PRO Fairfield County, CT
(William Raveis Real Estate)
Over the past four years, the Monroe single family real estate market has been improving in number of sales, but fluctuating in median prices.  From 2012 to 2013, there was a 10 percent decrease in the median sale price ($347,500 vs. $384,900), but there was a 19% increase in the number of sales (195 vs. 158). The number of Days on Market has decreased from 2012, which is good news for home buyers. However, the number of available homes for sale has also decreased, which is frustrating for buyers, and may ultimately lead to fewer sales. - See more at: http://www.fairfieldcountyshoreline.com/blog?post=Monroe-Year-End-Market-Report-2013&xid=040600-02#sthash.X3yA5mfz.dpuf
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT closed single family real estate sales for January 2014 went down significantly 58%  as compared to January 2013.   Average list and sales prices decreased 22% and 21% respectively.  The median home price decreased 28%.   The market absorption was at 9.29 months meaning it would take 9.29 months to sell off the present inventory placing Monroe into a buyer's market statistically.  With such a low number of sales, which has been typical across the area for January likely due to slow home buying and weather during the holidays, the averages were deeply affected by the small dataset which was clustered below $400K.      CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 9 houses under deposit and 13 properties under contract.    Inventory is LOW! Get your ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT closed single family real estate sales for December 2013 went down slightly 8% (just one sale) as compared to December 2012.   Average list and sales prices decreased only 2% and 1% respectively.  The median home price INCREASED 2%.   The market absorption was at 6.27 months meaning it would take 6.27 months to sell off the present inventory putting Monroe back into a buyer's market statistically.      CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 7 houses under deposit and 17 properties under contract.    Inventory is LOW! Get your house on the market now before the 2014 early spring rush if you want to present your home in a less competitive atmosphere. Get a FREE Monroe real estate comparative market analysis.  Which houses attracted buyers and ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT closed single family real estate sales for November 2013 went down slightly 6% as compared to November 2012.   Average list and sales prices decreased 17% and 16% respectively and the median home price was off 26%.   The good news is that sales went up 15% from October 2013 after falling off significantly in September. See annual chart below. The market absorption was at 4.33 months meaning it would take 4.33 months to sell off the present inventory putting Monroe back into a seller's market statistically.  Inventory is LOW! Get your house on the market now before the 2014 early spring rush if you want to present your home in a less competitive atmosphere.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 12 houses under deposit and 15 properties u...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Holiday Joy Program Giving Trees in Monroe CT   Here is an easy way to help families who are experiencing challenging times during the holidays.  The Monroe CT Department of Community and Social Services is coordinating  Giving Trees for the Holiday Joy Program running through December 11.   How do you participate? Easy.  Just visit any of these sites and look for the Giving Tree.   -- Edith Wheeler Memorial Library -- Monroe Senior Center, Town Hall-- Newtown Savings Bank Big Y Plaza and Clock Tower Square-- Fawn Hollow Elementary School-- Monroe Elementary School-- Stepney Elementary School.   On the tree will be cards with items that are needed.  Take a card… or as many as you can… purchase the item on the card and bring your donation to Monroe Social Services, 7 Fan Hill Road, Mon...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT closed single family real estate sales for October 2013 went down 31% as compared to October 2012.   Average list and sales prices both decreased 25% and 23% respectively  and the median home price was off 15%.   October 2012 sales had a larger number of higher sales resulting in the better averages. The good news is that sales went up 18% from September 2013. See annual chart below. The market absorption was at 5.77 months meaning it would take 5.77 months to sell off the present inventory putting Monroe back into a seller's market statistically.       CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 14 houses under deposit and 16 properties under contract.   Which houses attracted buyers and sold in Monroe CT in October 2013?    Monroe CT October 20...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT closed single family real estate sales for September 2013 were exactly the same as compared to September 2012.   However, average list and sales prices both INCREASED 9% and 10% respectively and the median home price was UP 10%. The market absorption was at 7.64 months meaning it would take 7.64 months to sell off the present inventory putting Monroe back into a buyer's market statistically .     CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 14 houses under deposit and 17 properties under contract. As of the date of this report, there are 12 closed single family sales in Monroe.  Which houses attracted buyers and sold in Monroe CT in September 2013?    Monroe CT September 2013 Homes Sold(as recorded in the Greater Fairfield County MLS as of 10/13/1...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT real estate market for August 2013 showed a 24% INCREASE in sales as compared to August 2012 .    Average list and sales prices both INCREASED 14% and the median home price was UP 8%. The market absorption was at 4.05 months meaning it would take 4.05 months to sell off the present inventory keeping Monroe statistically in a seller's market.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT       Futures show 13 houses under deposit and 20 properties under contract.    Which houses attracted buyers and sold in Monroe CT in August 2013?    Monroe CT August 2013 Homes Sold(as recorded in the Greater Fairfield County MLS as of 9/22/13)      The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 3.9...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
The Monroe CT real estate market for July 2013 showed a strong 64% INCREASE in sales as compared to July 2012 .  Sales were also UP 10% from June 2013.    However, average list and sales prices both decreased 18%. The median home price average was down 15%.   The averages might seem worrisome, but it is important to look at the dataset for both July 2013 and 2012 and note that half of July 2012 sales as shown in the July 2012 Monroe market report were above $500K, which was an exceptional month in higher end sales.  The charts below show that 87% of July 2013 sales were BELOW $500K. With such a small dataset, averages can fluctuate wildly month to month.   The market absorption is down to 3.61 months meaning it would take 3.61 months to sell off the present inventory keeping Monroe stat...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
June 2013 was another great month in closed sales in the Monroe CT real estate market with a 50% INCREASE in sales as compared to June 2012 .   However, average list and sales prices decreased slightly at 4% and 2% respectively. The median home price average was down 7%. The market absorption is down to 3.81 months meaning it would take 3.81 months to sell off the present inventory placing Monroe statistically in a seller's market.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT       Futures  remain strong with 33 houses under deposit and 19 properties under contract.   Which houses attracted buyers and sold in Monroe CT in June 2013?    Monroe CT June 2013 Homes Sold(as recorded in the Greater Fairfield County MLS as of 7/14/13)      The absorption trend, which shows the numb...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Friday night in July in Wolfe Park in Monroe CT is the place to be to enjoy the Monroe Summer Concert Series.  All concerts run from 7:00 to 8:30 p.m and will be held in the concert picnic area on the pool side of Wolfe Park on Cutler's Farm Road.  A valid 2013 Wolfe Park vehicle parking sticker is needed to park in the main parking lot. Those without a sticker should park in the non stickered/overflow lot. Come prepared with your blanket and chairs and enjoy an evening of music under the stars.  If there are no stars on concert night, the rain date for each concert will be the following Sunday. Here’s the lineup: Goldrush - July 5 Original songs plus classic country, swing acoustic and traditional bluegrass songs. Eight To The Bar - July 12 Swing, Boogie-Woogie, Rhythm & Blues, Soul ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
May 2013 was a banner month in closed sales in the Monroe CT real estate market showing a 60% INCREASE in sales as compared to May 2012 and is the highest recorded sales month in the last year+.    However, Average list and sales prices decreased 8% and 7% respectively. The median home price average was down 15%. Sales also jumped 41% from April 2013.  See the yearly chart below to view the continuing graphic upward shot.    CLICK HERE TO SEARCH for Your New Home in Monroe, CT       Futures are still strong with 32 houses under deposit and 22 properties under contract.   Which houses attracted buyers and sold in Monroe CT in May 2013?    Monroe CT May 2013 Property Transfers(as recorded in the Greater Fairfield County MLS as of 6/25/13)      The absorption trend, which shows the number ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
April 2013  was an excellent month in the Monroe CT real estate market showing a 6% INCREASE in sales as compared to April 2012.    Average list and sales prices INCREASED 11% and 14% respectively. The median home price average was also up significantly at 18%. Sales also jumped 70% from March 2013.  See the yearly chart below to view the nice graphic upward shot.    CLICK HERE TO SEARCH for Your New Home in Monroe, CT       Futures have increased as well with houses under deposit up to 35 plus 31 properties under contract.   Which houses attracted buyers and sold in Monroe CT in April 2013?    Monroe CT April 2013 Property Transfers(as recorded in the Greater Fairfield County MLS as of 5/25/13)      The absorption trend, which shows the number of months it would take to sell the entire...
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