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Monroe, CT Home Sales Report February 2011

Monroe 2011 Sales Comparison

March March 2011 2010 % Chg % Chg


2011 2010 YTD YTD TY/LY YTD
Avg. List Price $307,043 $390,163 $353,468 $392,352 -21% -10%
Avg. Sold Price $290,929 $374,263 $337,482 $376,119 -22% -10%
% Sale/List Ratio 95% 96% 95% 96%
Avg. Market Time 138 105 110 111 31% -1%
# Sold 7 8 28 26 -13% 8%

Monroe 2011 Sold Price Comparison

$450,000
$400,000
$350,000
$300,000
$250,000 Avg. List Price
$200,000 Avg. Sold Price
$150,000
$100,000
$50,000
$0
2011 2010 YTD YTD

March March 2011 2010

While the volume of single family sales in Monroe is relatively flat for 2011 versus 2010, both listing
and sales dropped by 21% in March. Prices are now down a full 10% versus year-to-date numbers in
2010. Higher inventories led to a 30 day increase in market time for those same March sales, up a full
30 days over March 2010. It is a buyers market in Monroe so for professional advise call The Higgins
Group in Monroe.
Single Family Active Listings
81 Active Listings
Average list price is $416,652
Average market time of 125 days

Higgins Group Real Estate


440 Main Street • Monroe
203-459-9300
Information Based on CMLS
Monroe, CT Home Sales Report by Street March 2011

Avg. List Price: $307,043


Avg. Sold Price: $290,929
% Sale to List: 95%
Avg. Mkt Time: 138 days
# Sold: 7

#Full
Street # Street Name # Rooms # Bdrms Bths List Price Sale Price % sale/list Mkt.Time
67 SENIOR 4 1 1 $109,900 $98,500 90% 311
234 STANLEY 5 2 1 $114,900 $100,000 87% 94
116 OLD TANNERY 8 4 2 $224,900 $203,500 90% 217
12 BLUEBERRY 6 2 1 $289,900 $277,500 96% 37
38 COUNTRYSIDE 7 3 2 $339,900 $315,000 93% 111
108 SECRET HOLLOW 10 4 2 $499,900 $480,000 96% 123
406 CUTLERS FARM 9 4 3 $569,900 $562,000 99% 70

Higgins Group Real Estate


440 Main Street • Monroe
203-459-9300
Information Based on CMLS

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