Monroe NC Real Estate Market Report--January to March 2009

What happened in the Monroe NC real estate market during the first three months of 2009?

This post will summarize first quarter real estate sales in Monroe NC plus compare average sold prices with 2008 closed prices.

Monroe NC Real Estate Market Report--January to March 2009

Single Family Homes in Monroe NC

Number of Sales: 42

Price Range: $29,900 to $279,900

Average Heated Area: 1822 sq.ft.

Average Price: $126,292

Average 2008 Price: $139,649 Change: -9%

Average Days on Market: 82

Number of Contracts Pending: 19

Most Active Neighborhood: Lexington Commons

Current Active Listings on Market: 291

Townhomes and Condominiums in Monroe NC

Number of Sales: 2

Price Range: $86,400 to $123,740

Average Heated Area: 1270 sq.ft.

Average Price: $105,000

Average 2008 Price: $150,296 Change: -30%

Average Days on Market: 158

Number of Contracts Pending: 1

Most Active Neighborhood: Middleton Place

Current Active Listings on Market: 25

Source: Carolina Multiple Listing Service

Compare with the 2008 Monroe NC Real Estate Market.

Learn more about real estate and living in Monroe NC.

Copyright 2009. Carol Fox. *Monroe NC Real Estate Market Report--January to March 2009*