Monroe NC 2008 Real Estate Market Report

Do you want to know how the Monroe NC real estate market fared in 2008?

This post will summarize the 2008 real estate sales for the city as a whole plus report on the most active neighborhoods within the City of Monroe NC.

2008 Real Estate Market Report for Monroe NC

Single Family Homes

Number of Sales: 157 Price Range: $15,500 to $700,000 Average Heated Area: 1693 sf Average Price: $139,649 Average Days on Market: 99

Townhouses and Condos

Number of Sales: 16 Price Range: $103,445 to $186,355 Average Heated Area: 1661 sf Average Price: $150,296 Average Days on Market: 102

Most Active Neighborhoods in Monroe 2008

Single Family Neighborhoods

Brekonridge Years Built: 1997-2003

Number of Sales: 11 Price Range: $113,750 to $150,000 Average Heated Area: 1425 sf Average Price: $137,013 Average Days on Market: 70

Schools 2008-09: Porter Ridge Elementary, Porter Ridge Middle, Porter Ridge High

Colonial Village Years Built: 1998-2002

Number of Sales: 9 Price Range: $127,500 to $193,500 Average Heated Area: 1761 sf Average Price: $165,555 Average Days on Market: 62

Schools 2008-09: Rocky River Elementary, Sun Valley Middle, Sun Valley High

Historic District Years Built: 1875-2002

Number of Sales: 9 Price Range: $99,900 to $248,000 Average Heated Area: 2456 sf Average Price: $182,933 Average Days on Market: 120

Schools 2008-09: Elementary varies, Monroe Middle, Monroe High

Savannah Way Years Built: 2002-2008

Number of Sales: 4 Price Range: $245,000 to $430,000 Average Heated Area: 2402 sf Average Price: $312,250 Average Days on Market: 91

Schools 2008-09: Porter Ridge Elementary, Porter Ridge Middle, Porter Ridge High

Townhouse/Condo Neighborhoods

Charlestown Years Built: 2006-2008

Number of Sales: 11 Price Range: $140,788 to $186,355 Average Heated Area: 1897 sf Average Price: $166,272 Average Days on Market: 102

Schools 2008-09: Porter Ridge Elementary, Porter Ridge Middle, Porter Ridge High

Learn more about Monroe NC schools:

Union County NC Schools: Just How Good Are They?

Want to know more about the Monroe NC real estate market and Monroe NC neighborhoods?

Visit www.CarolinaSmallTownLiving.com.

Copyright 2009. Carol Fox. All rights reserved. "Monroe NC 2008 Real Estate Market Report"