Monroe CT Real Estate Market Report May 2012

By
Real Estate Agent with RealtyQuest, Fairfield and New Haven County CT 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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Show All Comments
Ambassador
782,105
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise in NE Philadelphia & Bucks County

Great market report ! you are the market expert in Monroe Ct

Jun 12, 2012 08:06 AM #1
Rainmaker
617,304
Barbara Altieri
RealtyQuest, Fairfield and New Haven County CT Real Estate - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Thanks, Hannah.  It's the information any seller or buyer needs to make educated decisions. 

Jun 12, 2012 08:43 AM #2
Rainmaker
1,109,645
Robert (Bob) Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX Real Estate Expert

Barbara,

Monroe Market Absorption definitely has improved over the last year and sales are up big time in May. I hope this continues into June and for the rest of the year. Antone in your area needing to buy or sell a home needs to find and see Barbara right away.

Jun 12, 2012 10:32 AM #3
Ambassador
1,871,050
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut - Middletown, CT
Your Connecticut Mortgage Expert

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

Jun 12, 2012 05:05 PM #4
Rainmaker
572,484
Hella Mitschke Rothwell
(808) 226-1095 or (831) 626-4000
Hawaii & California Real Estate Broker

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

Jun 12, 2012 10:44 PM #5
Rainmaker
1,451,205
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

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

Jun 13, 2012 04:48 AM #6
Rainer
313,161
Wandanna Melliphant
Royal Lepage Credit Valley Real Estate Brokerage - Mississauga, ON
A Name Real Estate Investors Trust and Recommend

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!

Jun 13, 2012 12:41 PM #7
Rainmaker
617,304
Barbara Altieri
RealtyQuest, Fairfield and New Haven County CT Real Estate - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

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!

Jun 13, 2012 01:16 PM #8
Show All Comments
Rainmaker
617,304

Barbara Altieri

REALTOR-Fairfield County CT Homes/Condos For Sale
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