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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)
 Homes sales in Monroe CT for June 2016 showed a 27% INCREASE IN SALES compared to June 2015 and was the highest recorded number of sales in over a year.Average list and sales prices both INCREASED 29% with the median going UP 33%.   Visit this link to understand  the difference between median and averages.  The market absorption rate was at 4.32 months.  Translated it would take 4.32 months to sell off the present inventory of 121 homes keeping Monroe in a seller's market statistically for the month.          CLICK HERE TO SEARCH for Your New Home in Monroe, CT  Gorgeous Luxury Home for Sale in Hammertown EstatesFEATURED LISTING - 89 Wild Horse Court Monroe CT (Click image to go to property website)   Futures show 24 houses under deposit and 29 properties under contract.   Thinking of ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Homes sales in Monroe CT for May 2016 showed a 32% INCREASE IN SALES compared to May 2015.Average list and sales prices both INCREASED 5% with the median going UP 7%.   Visit this link to understand  the difference between median and averages.  The market absorption rate was at 4.56 months.  Translated it would take 4.56 months to sell off the present inventory of 114  homes keeping Monroe in a seller's market statistically for the month.        CLICK HERE TO SEARCH for Your New Home in Monroe, CT  Don't let this one get away!FEATURED LISTING - 89 Wild Horse Court Monroe CT (Click image to go to property website)  Back to the report --- Futures show 25 houses under deposit and 41 properties under contract.   Thinking of selling and want to know what your home might sell for?  Get a FRE...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Homes sales in Monroe CT for the month ending April 30, 2016 showed a 50% INCREASE IN SALES compared to April 2015 and 133% increase from March sales.   Average list and sales prices both decreased 14% with the median going UP 18%.  These results make a good case for looking at ALL the numbers and understanding the difference between median and averages.  The market absorption rate was at 5.00 months.  Translated it would take 5.00 months to sell off the present inventory of 105  homes putting Monroe back into a seller's market statistically for the month.        CLICK HERE TO SEARCH for Your New Home in Monroe, CT  Futures show 39 houses under deposit and 34 properties under contract.  Solid.  Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe real ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Yet ANOTHER nice increase in homes sales in Monroe CT! Real estate closed sales for November 2015 went UP 100% as compared to November 2014 closed sales.Average list and sales prices INCREASED 7% and 5% respectively with the median going UP 9% as well.   Market absorption came in at 6.14 months meaning it would take 6.14  months to sell off the present inventory of 86 homes keeping Monroe in a buyers market statistically just on the fringe of a balanced market.         CLICK HERE TO SEARCH for Your New Home in Monroe, CT  Futures show 12 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 Seller Mistakes if you are thinkin...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Real estate sales in Monroe CT for September 2015 went UP 75% as compared to September 2014 closed sales.Average list and sales prices both INCREASED 7% and 6% respectively with the median going UP 13% as well.  Market absorption came in at 8.57 months meaning it would take 8.57 months to sell off the present inventory of 120 homes keeping Monroe in a buyers market statistically.        CLICK HERE TO SEARCH for Your New Home in Monroe, CT  Futures show 26 houses under deposit and 18 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 you are thinking of listing your home.  Don't make the #1 biggest mistake! Which houses attracted b...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Real estate sales in Monroe CT for August 2015 went down 10% as compared to August 2014 closed sales.Average list and sales prices both INCREASED 15% and 18% respectively with the median going UP 15% as well.  Market absorption came in at 7.83 months meaning it would take 7.83 months to sell off the present inventory of 141 homes pushing Monroe back into a buyers market statistically.        CLICK HERE TO SEARCH for Your New Home in Monroe, CT  Futures show 13 houses under deposit and 21 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 you are thinking of listing your home.  Don't make the #1 biggest mistake! Which houses attrac...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Real estate sales in Monroe CT for June 2015  went down 8% as compared to June 2014 closed sales BUT  registered a 16% increase from May 2015 sales. See annual chart below.    Average list and sales prices both decreased 9% with the median falling 9% as well.  Market absorption came in at 6.18  months meaning it would take 6.18  months to sell off the present inventory of 136 homes just keeping Monroe in a buyer's market statistically.        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:  Please read Biggest Home Seller Mistakes if you are thinking of listing your home.  Do...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Real estate sales in Monroe CT for May 2015  INCREASED 19% as compared to May 2014 closed sales and registered a 36% increase from April 2015 sales. See annual chart below.    Average list and sales prices were flat with the median falling 6%.  Market absorption came in at 7.37  months meaning it would take 7.37  months to sell off the present inventory of 140 homes 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 25 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 you are thinking of listing your home.  Don't make the #1 bigge...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Real estate sales in Monroe CT for April 2015  INCREASED 40% as compared to April 2014 closed sales and registered a 27% increase from March 2015 sales. See annual chart below.    Average list and sales prices both decreased 6% and 4% respectively with the median home taking a 27% tumble as half the sale for the month were below $300K.  Market absorption came in at 9.00 months meaning it would take 9.00 months to sell off the present inventory of 126  homes keeping Monroe in a buyer's market statistically.         CLICK HERE TO SEARCH for Your New Home in Monroe, CT  Futures show 32 houses under deposit and 22 properties under contract.. both higher than last month. So guess what that will mean for May results! Thinking of selling and want to know what your home might sell for?  Get a ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
 Real estate sales in Monroe CT for March 2015  INCREASED 22% as compared to March 2014 closed sales.    Average list and sales prices both INCREASED 7% and 8% respectively with the median home price UP 8%.   Market absorption came in at 8.91 months meaning it would take 8.91 months to sell off the present inventory of 98  homes placing Monroe in a buyer's market statistically.  Still low sales overall combined with an increase in inventory led to the higher than normal absorption rate.       CLICK HERE TO SEARCH for Your New Home in Monroe, CT  Futures show 28 houses under deposit and 19 properties under contract.. a little higher than last month. Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe real estate comparative market analysis. Sellers:  Pl...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
   Real estate sales in Monroe CT for February 2015  INCREASED 45% as compared to February 2014  closed sales.    Average list and sales prices both decreased 14% and 15% respectively with the median home price down 4%.    Market absorption came in at 5.13 months meaning it would take 5.13 months to sell off the present inventory of 82 homes placing Monroe in a seller's market statistically.              CLICK HERE TO SEARCH for Your New Home in Monroe, CT   Futures show 26 houses under deposit and 12 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 you are thinking of listing your home.  Don't make the #1 biggest mistake!  W...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
    Real estate sales in Monroe CT for January  2015  INCREASED 71% as compared to January 2014  closed sales.    Average list and sales prices both INCREASED 39% with the median home price INCREASING 82%.   The only negative for the month was the significant increase in days on the market brought up by a few high outliers. Market absorption stayed about the same at 7.08 months meaning it would take 7.08  months to sell off the present inventory of 85 homes keeping Monroe in a buyer's market statistically.              CLICK HERE TO SEARCH for Your New Home in Monroe, CT   Futures show 15 houses under deposit and 21 properties under contract --  a good increase from last month.  Thinking of selling and want to know what your home might sell for?  Get a FREE Monroe real estate comparativ...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
  Monroe CT real estate sales and averages ended 2014 on a high note! Real estate sales for December 2014 INCREASED 27% as compared to December 2013 closed sales.    Average list and sales prices INCREASED 26% and 23% respectively.   The median home price INCREASED 29%.    Additionally, sales were UP 100% from November 2014. See annual chart below. Days on the market went up 66%, the only negative for the month. Market absorption came down significantly to 6.36 months meaning it would take 6.36 months to sell off the present inventory keeping Monroe in a buyer's market statistically.  Note that these are numbers and straight calculations.  A house can still be sold in a very short period of time provided it is priced correctly, prepared to sell and marketed extensively.  There ARE buyer...
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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 October 2014 decreased 30% as compared to October 2013 closed sales.    However, average list and sales prices INCREASED 11% and 10% respectively.   The median home price followed with an 18% INCREASE.  Days on the market came DOWN 36%. With a decrease in inventory and sales on par with last month, the market absorption rate for the month came down slightly but was still high at 12.89 months meaning it would take 12.89 months to sell off the present inventory keeping Monroe in an extraordinarily high buyer's market statistically.  Remember, these are numbers and calculations.  A house can still be sold in a very short period of time provided it is prepared to sell and marketed.  There ARE buyers out there waiting for the home that is pri...
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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 September 2014 decreased 27% as compared to September 2013 closed sales.    Average list and sales prices both went down 20%.   The median home price followed with a 14% decrease.  With inventory staying the same and sales low, the market absorption rate for the month was 16.75 months meaning it would take 16.75  months to sell off the present inventory pushing Monroe into an extraordinarily high buyer's market statistically.  Don't despair, though.  These are numbers and calculations.  A house can still be sold in a very short period of time provided it is prepared to sell and marketed.  There ARE buyers out there waiting for the home that is priced and prepared for sale!  See more information below.      CLICK HERE TO SEARCH for Your N...
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
Northbrook Condominiums - a Large Complex in Monroe, CT 06468 Northbrook Condominiums is a large complex in Monroe made up of 319 townhouses located on several streets, including Tanglewood Circle, Turtlebrook Trail, Shadowwood Circle, and Juniper Circle. Built from 1984 to 1988, these 2 bedroom, 2.5 bathroom units range from 1,723 to 2,110 square feet. Most of the units have wall to wall carpeting throughout, though some have installed gleaming hardwood floors. The living rooms at these popular townhomes include a fireplace. Sliders lead out onto the private all-weather deck where you can look out onto the beautiful woods. Some of the eat-in kitchens have been updated to modern standards with granite countertops and stainless steel appliances. Master bedrooms feature large and spaciou...
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By Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo
(Dagny's Real Estate)
Hills of Monroe, a large Condo Complex in Monroe, CT Located on several streets in Monroe, including Windgate Circle, Kensington Road, and Ivy Lane, Hills of Monroe is a large complex in a quiet, wooded cul-de-sac. Units with 1 bedroom and 1 bathroom range from 900 to 1,200 square feet. The two bedroom units with 2.5 baths and range from 1,360 square feet to 1,985 square feet. Built from 1988 to 1990, units feature plush wall to wall carpet, vaulted ceilings, fireplaces in the living room, as well sliders that lead out to the patio, which boasts beautiful wooded views. Some of the large eat-in kitchens have been updated with stainless steel appliances and new cabinetry. Many feature bow windows with excellent views. Bedrooms, located on the main floor in some units, are large and featu...
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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 August 2014 decreased 4% as compared to August 2013 closed sales.    Average list and sales prices both went down 22% and 23% respectively.   The median home price followed with a 24% decrease.  In August 2013 the bulk of sales were in the upper $400K- $500K range with no sales under $200K which explains the wide differential between the 2013 and 2014 sales average results.   The market absorption rate for the month was 6.65 months meaning it would take 6.65  months to sell off the present inventory pushing Monroe into a buyer's market statistically.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 11 houses under deposit and 8 properties under contract.  Thinking of selling and want to know what your home might...
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By Barbara Altieri, REALTOR-Fairfield County CT Homes/Condos For Sale
(Better Homes and Gardens RE Shore and Country Properties)
Food, Fun and Festivities!   Mark your calendars for the Harvest Festival in Monroe CT on Saturday, October 4 from 10:00 am – 3:00 pm … rain or shine!  Where's the fair?  The United Methodist Church of Monroe at 515 Cutlers Farm Road, Monroe.   The festival highlights will include homemade crafts and gifts from church members and local vendors, children's games and activities, and live Bluegrass music featuring Lisa Furman.Bring your appetite and enjoy a delicious lunch featuring smoked pulled-pork sandwiches, ribs, hot dogs, baked potatoes, sweet potatoes, chips, cole slaw, baked beans, and cold drinks and coffee.  For your sweet tooth there will be homemade apple crumb pies, apple fritters, and fried oreos. Pies may be also be ordered baked or frozen/unbaked ahead of the festival. Dea...
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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 July 2014 was the HIGHEST recorded sales month for the year.  (See annual sales chart below)  Sales were UP 9% as compared to July 2013.  Average list and sales prices both went down 3%.   The median home price followed with a 6% decrease. Sales were UP slightly from June 2014.  See annual chart below. The market absorption rate for the month was 5.24 months meaning it would take 5.24  months to sell off the present inventory keeping Monroe in a seller's market statistically.     CLICK HERE TO SEARCH for Your New Home in Monroe, CT      Futures show 10 houses under deposit and 9 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.   Sel...
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