Monroe NC Real Estate Market Report--April to May 2009

What happened in the Monroe NC real estate market during April and May 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--April to May 2009

Single Family Homes in Monroe NC

Number of Sales: 36

Price Range: $19,900 to $265,900

Average Heated Area: 1821 sq.ft.

Average Price: $131,119

Average 2008 Price: $139,649 Change: -6%

Average Days on Market: 121

Number of Contracts Pending: 30

Most Active Neighborhood: Fox Hunt Estates, Hamilton Place

Current Active Listings on Market: 306

Townhomes and Condominiums in Monroe NC

Number of Sales: 2

Price Range: $128,900 to $156,858

Average Heated Area: 1925

Average Price: $142,879

Average 2008 Price: $150,296 Change: -4%

Average Days on Market: 113

Number of Contracts Pending: 3

Most Active Neighborhood: Charlestown

Current Active Listings on Market: 22

Source: Carolina Multiple Listing Service

Compare with the 2008 Monroe NC real estate market.

Learn more about homes and neighborhoods in Monroe NC.

Copyright 2009. Carol Fox. *Monroe NC Real Estate Market Report--April to May 2009*