MONROE Market Trends Report January 2012   The Monroe, Connecticut real estate market is showing signs of picking up. The slowdown earlier in the year can be attributed in part to the power outages that accompanied Tropical Storm Irene and the freak October snowstorm. Trends over the past 6 and 3 months show that both the number of sale and days on market are on the rise.  The one bright spot is the increase in the past 3 months for the sale price and percent of list price sold.  The amount of inventory that the market can absorb was down significantly August through October, likely due to Tropical Storm Irene and the October snow storm, which kept buyers away.   We use the 12 month absorption rate instead of the 3 or 6 month rate to determine inventory absorption, which means that i... 02/18/2012

  Monroe CT Real Estate Market Report January 2012 Monroe CT real estate sales for January 2012 took a bit of a dip from the same period last year.  However, list and sales prices both increased 2%. The median decreased 8%.  Days on the market significantly increased with three of the properties being on the market 200+ days.     Which houses sold in Monroe CT in January 2012?   Monroe CT January 2012 Property Transfers(as recorded in the Greater Fairfield County MLS as of 2/15/12)   The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 11.39 for the last three months. Keep in mind that this rate is for ALL houses.  If you are selling your home, your agent should calculate the absorption rate trend for your price p... 02/15/2012

Monroe CT Single Family Market Report - December 2011 - Monroe CT Real Estate Monroe CT December 2011 single family home sales stayed the same from November, AND are UP 33% from the same period last year.       A year-to-year comparison shows list and sales prices decreased 17% and 18% respectively.  The median was down 18% and days on the market went up 62%.  Anything behind those numbers to account for the drop in averages?   As usual....yes.   December 2010 had only 9 sales and the two top sales came in at $650K and $690K. The next two sales were over $550K.   December 2011 had more sales, but sales were concentrated in the $400s with one high sale at $552,500.  So, mathematically, of course, the averages are lower in 2011. The increase in days on the market was affected by three sal... 01/17/2012

Monroe CT Single Family Market Report - November 2011 - Monroe CT Real Estate Monroe CT November 2011 single family home sales INCREASED 20% from October, AND are UP 33% from the same period last year.       A comparison to the same period last year shows list and sales prices decreased heavily at 30% and 33% respectively.  The median was down 25% and days on the market went up 22%.  There are a few factors in play this month that account somewhat for the low comparison averages.  November 2010 had high lows and high highs.  Now stay with me.  November 2011 had low lows and 90% of sales below $400K.  There was one high sale at $645K for the month. So, if you are a seller or buyer, you have to be supplied with a comparable market analysis by your agent for averages in YOUR price range.  ... 12/12/2011

Monroe CT Single Family Market Report - October 2011 - Monroe CT Real Estate Monroe CT October 2011 single family home sales decreased from September, but are UP 11% from the same period last year.       A comparison to the same period last year shows list and sales prices decreased at 5% and 7% respectively.  The median was down 5% and days on the market showed a 3% improvement. Anyone who follows my market reports knows that I don't just report the numbers. I provide an in-depth analysis.  I usually talk about outliers and how they affect the numbers. This report is no different.  The October 2010 'high' sale of $690,000 brought the averages up for 2010.  Remove that high outlier and the list and sell averages are basically the same, favoring the 2011 numbers.  So, bottom line?  The r... 11/23/2011

Monroe CT Single Family Market Report - September 2011 - Monroe CT Real Estate Monroe CT September 2011 single family home sales dipped a bit from last month, but are UP from the same period last year.       A comparison to the same period last year shows sales went UP 40% over the same period last year.  List and sales prices decreased at 7% and 6% respectively.  The median was pretty flat at 1.6% and days on the market went up 22%. Market absorption, the number of months it would take to sell a home at the today's inventory level, calculated out at 9 months, which is solidly in a buyer's market.      Which houses sold in Monroe CT in September 2011 and where was the highest concentration?   Monroe CT September 2011 Property Transfers(as recorded in the Greater Fairfield County MLS as ... 10/12/2011

Monroe CT Single Family Market Report | August 2011 | Monroe CT Real Estate   Monroe CT August 2011 single family home sales were the HIGHEST month recorded in the last year AND  jumped up 58% from July 2011 sales.     A comparison to the same period last year shows list and sales prices were relatively flat. List went up less that 1% and sales prices when down 2%.   The median was down 6% but days on the market went DOWN 12%.  Market absorption, the number of months it would take to sell a home at the today's inventory level, is almost into a balanced market!  See chart below for the absorption yearly trend which indicates a healthy trend downward.     Which houses sold in Monroe CT in August 2011 and where was the highest concentration?   Monroe CT August 2011 Property Transfers(as re... 09/21/2011

 This home qualifies for 100% Financing! $369,900.00  91 Tukery Roost Road, Monroe, CT 06468 13 Photos 4 Bed, 3.5 Bath2226 SF Tour # 2083134   Don't miss this 4 bedroom, 3 1/2 bath home on private 2 acre lot. This custom home offers updated EIK, open living room and dining room, and oversized two car garage with workshop. For more information, please contact: Stacy Pfannkuch William Raveis Real Estate, Mortgage & Insurance 203-378-8200203-386-0937 Fax Information supplied by sellers. Deemed reliable, but not guaranteed. 02/15/2010

The Best of the Best $399,900 69 Walnut St, Monroe CT Features: 3 bedrooms, 1.5 bathsGreat Commuter Location!Over 1 1/2 Acres!Fully Finished Walk-out Lower Level!Formal Dining Room!Tons of Updates!www.69walnut.com Remarks: This lovely Raised Ranch sits on over 1 1/2 acres of open, level land, with over 1200 sqft, 3 bedrooms & 1 1/2 bathrooms. Enter into the large living room, suited with hardwood floors & a large bow windows which lets in tons of natural light. The formal dining room is perfect for entertaining, or sit down for a quick bite to eat in your eat-in kitchen. When you're ready to relax, head over to one of the 3 bedrooms, each offering plenty of space. The master bedroom is huge, and there won't be any fighting over closet space, THERE'S TWO OF THEM! When you want to just "... 06/17/2008

Monroe, CT Local Market Report for July 2007Provided By:  Judy Cicalese, William Raveis Real Estate, TrumbullInformation is deemed reliable, but not guaranteed.  All information per Consolidated MLSAs of July 9, 2007, there are 145 ACTIVE listings-of those--10 are UNDER DEPOSIT, and 39 are PENDING closing. 23 homes have EXPIRED, been WITHDRAWN or CANCELLED for the month of  June 2007.Average Days on Market is 86 for the current Active listingsThe Active Home prices range from:  $244,900 to $1,099,000This past month of June - 22 Single Family (SF) homes closed with an AVG sales price of $479,727 And an AVG Days on Market of  102 (down from previous month of May with AVG Days on Market being 134, with an AVG Sales Price of $598,179)As with most local real estate, the Monroe market is seei... 07/10/2007