Monroe CT Real Estate Market Report May 2012

By
Real Estate Agent with RealtyQuest, Fairfield and New Haven County CT Homes for Sale and Real Estate RES.0781237
http://actvra.in/Cr9

 

Monroe CT Real Estate Market Report May 2012


May 2012 was a GREAT month in the Monroe CT real estate marketClosed sales for May 2012 WENT UP 36% compared to May 2011 sales. 

List and sales prices INCREASED 20% and 22% from May 2011 averages, and average days on the market went down 4%.

 

 Want to get in on the action?  CLICK HERE TO SEARCH for Your New Home in Monroe, CT


                                               Monroe CT Single Family Market Report May 2012

 

Moving forward into June , there are 13 houses under deposit and 24 homes under contract, the highest number of pending sales in the last year. 

 
Which houses sold in Monroe CT in May 2012?

 

Monroe CT May 2012 Property Transfers
(as recorded in the Greater Fairfield County MLS as of 6/11/12)

Monroe CT May 2012 Property Transfers

 

The absorption trend, which shows the number of months it would take to sell the entire inventory at the same pace, came in at 8.93 for the last three months, down almost three months since last month and SIX months from the March report..   The month of May, as shown in the first chart, came in at 8.73 months.

Monroe CT Homes for Sale Absorption trend May 2012

 

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 point to get a more accurate analysis.  




WAS JANUARY THE BOTTOM??

Monroe CT Annual Homes Sales

 

 

SEARCH for Your New Home in Monroe, CT

 



Monroe CT Town HAll

 

Remember, each month is a snapshot of the month including all sales.  Individual price ranges and results will vary which will determine a correct listing price or amount to offer on a purchase. 

Want to know what your home is worth in Monroe?  Get a FREE real estate comparative market analysis done for your property in Monroe CT,

The success in selling your house in Monroe CT or any other community is dependent upon accurate pricing, effective preparation, calculating the absorption rate for your particular price point, and having a strong online marketing presence.  A house will sell if there is a synergy among all four. 

CONTACT ME  for advice on how to LIST, MARKET, and SELL your home effectively in today's market. All agents do not provide the same marketing services.  


Date Source: Greater Fairfield County Multiple Listing Service -- June 11, 2012. No representation or warranty is made to the accuracy of this information.

 

 

Monroe CT Real Estate Market Report May 2012

 

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Topic:
Real Estate Market Trends
Location:
Connecticut Fairfield County Monroe
Groups:
Market Reports
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Tags:
homes for sale in monroe ct
free real estate comparative market analysis monroe ct
monroe ct real estate
monroe ct market report may 2012

Comments 8 New Comment

Ambassador
1,704,790
George Souto
Your Connecticut Mortgage Expert
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut

Barbara those increases in sales are what I like to here.  Hopefully that will be the norm from now on.

June 12, 2012 05:05 PM
Rainmaker
565,341
Hella Mitschke Rothwell
Hawaii & California Real Estate Broker
(808) 226-1095 or (831) 626-4000

Barbara: That is great news for your area. Hope it means lots of business for you.

June 12, 2012 10:44 PM
Rainmaker
1,276,215
Joan Cox
Denver Real Estate - Selling One Home at a Time
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373

Barbara, so glad to see GOOD NEWS for the Monroe real estate market and seeing sales increase 36% is great news!

June 13, 2012 04:48 AM
Rainmaker
283,933
Wandanna Melliphant
A Name Real Estate Investors Trust and Recommend
Royal Lepage Credit Valley Real Estate Brokerage

Hi Barbara,

Looks like Monroe market is on the upswing.

I'm glad to know the market is vibrant.

All the best for the rest of the week!

June 13, 2012 12:41 PM
Rainmaker
578,313
Barbara Altieri
REALTOR - Fairfield County CT Real Estate
RealtyQuest, Fairfield and New Haven County CT Homes for Sale and Real Estate

Bob -- Yes the absorption has come way down in the last few months!

George -- I hope so as well.

Hella -- It was an excellent month for Monroe which we hope continues on...

Joan -- Good news...great news....I'll take either one!

Wandanna -- I hope it continues to stay vibrant. June is looking very good also!

June 13, 2012 01:16 PM
Rainmaker
578,313

Barbara Altieri

REALTOR - Fairfield County CT Real Estate
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Additional Information

Author Bio: Barbara Altieri, CT REALTOR®, helps Fairfield and New Haven County buyers and sellers successfully navigate through a real estate transaction. A proven sales and marketing professional, Barbara provides exceptional customer service and market knowledge. Call 203-520-6930 to discuss your needs and housing dreams.


 

 

 

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