Union County Real Estate Talk

Rolling Hills in Monroe NC—Homes for Sale and Neighborhood Profile

Rolling Hills in Monroe NC is a golf course community that was built around the Rolling Hills Country Club.  Homes were built as early as the 1960s in Rolling Hills.  Construction continued in the 1970s and 1980s with some homes built as recently as the early 2000s.  The pretty wooded lots are generous ranging from a half acre to over an acre in size.

The golf course at Rolling Hills Country Club is a private, non-equity club with a traditional course designed by George Cobb.  The course has short distances between holes making the course compatible for walking or riding.  Other amenities at the club include dining and banquet facilities, an outdoor swimming pool with a wading pool for children, tennis courts and a golf practice and learning facility.

Rolling Hills Community Features

Community Amenities:  Rolling Hills Country Club

Builders:  Various custom builders

Schools:  Porter Ridge Elementary, Porter Ridge Middle, Porter Ridge High.  School assignments are subject to change.  Check with the Union County Public Schools for current school assignments. 

Rolling Hills Real Estate Market Update

January to December 2009

Single Family Homes

Homes Sold:  None

Prices:          Average Sales Price: 

Average Square Feet:              

Average Days on Market:  

Source:  Carolina Multiple Listing Service

Rolling Hills Homes for Sale

Click here to see Rolling Hills homes for sale.

Ever wonder what your Rolling Hills home is worth?

Click here to receive a free market evaluation.

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Rolling Hills in Monroe NC—Homes for Sale and Neighborhood Profile*

Monroe Connector/Bypass Update

Why is the proposed Monroe Connector/Bypass important to you?  If you live in northern Union County and wish to sell your property, you need to know how the proposed route may affect your sale.  If you are considering a real estate purchase in this area, you also will want to know the proposed route.  And if you live in Charlotte, you may be happy to know that this roadway is estimated to save 30 minutes off your trip to the beach.

What is the Monroe Connector/Bypass?  The Monroe Connector/Bypass is  proposed to connect U.S. 74 near Wingate NC with the interchange of I-485 at Matthews NC.  Constructed by the NC Turnpike Authority, it will be a 20-mile toll road that will relieve congestion on U.S. 74 around Monroe NC.

What is the schedule for completion of the Monroe Connector/Bypass?  Discussion and planning for this roadway has been ongoing for many years.  The route was chosen by the Turnpike Authority in 2009 and is undergoing the Environmental Impact Study process now.  A draft Environmental Impact Statement has been completed.  The final Environmental Impact Statement is underway with engineers taking rock and soil samples along U.S. 74 during the first half of February.  The final EIS is expected to be complete during the first quarter of 2010.  The final decision on the chosen route will be published in a Record of Decision during the second quarter of 2010.  The Turnpike Authority now projects that the roadway will open in 2014.

Want to know more?

Click here to see the proposed route for the Monroe Connector/Bypass.

Monroe Connector/Bypass is One Step Closer

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Monroe Connector/Bypass Update*

Monroe NC Real Estate Market Report—2009

How did the Monroe NC real estate market fare in 2009 and how did it compare with 2008? 

Average sales prices and number of homes sold declined in the Monroe NC real estate market in 2009.  Single family home prices and sales were off 18% and 19% from 2008.  Similarly townhome/condo prices declined 16% and total sales declined 21% in 2009.  Townhome sellers in Monroe sold their homes more quickly in 2009 averaging only 93 days on the market while single family home sellers waited 27% longer for their properties to sell.

Monroe NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Monroe NC for single family homes in 2008 and 2009 plus each 2009 quarter.

Single Family Homes in Monroe NC

2008 Average Sales Price:  $153,515      2009 Average Sales Price:  $124,851    Year-to-Year Change:  -18%

2008 Number of Homes Sold:  271        2009 Number of Homes Sold:  218      Year-to-Year Change:  -19%

2008 Average Days on Market:  92        2009 Average Days on Market:  117      Year-to-Year Change:  +27%

Townhomes and Condominiums in Monroe NC

2008 Average Sales Price:  $149,321      2009 Average Sales Price:  $125,269     Year-to-Year Change:  -16%

2008 Number of Homes Sold:  19          2009 Number of Homes Sold:  15       Year-to-Year Change:  -21%

2008 Average Days on Market:  108      2009 Average Days on Market:  93     Year-to-Year Change:  -13%

Source:  Carolina Multiple Listing Service

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Monroe NC Real Estate Market Report—2009*

How did Monroe NC real estate market activity in the third quarter of 2009 compare with the second quarter 2009? 

This post will summarize third quarter 2009 real estate sales in Monroe NC plus compare changes in sales data with second quarter 2009 results.  The chart shows average sales prices in Monroe NC for 2008 and each quarter of 2009.

Monroe NC Real Estate Market Report--2009 Third Quarter Data and Change from 2009 Second Quarter

Single Family Homes in Monroe NC

Number of Sales:  53

Change from second quarter:  +3%

Average Price:  $121,311

Change from second quarter:  -11%

Average Days on Market:  127

Change from second quarter:  +5%

Current Active Listings:  286

Change from second quarter:  -3%

Most Active Neighborhoods:  Hamilton Place

Townhomes and Condominiums in Monroe NC

Number of Sales:  2

Change from second quarter:  -33%

Average Price:  $170,572

Change from second quarter:  +32%

Average Days on Market:  120

Change from second quarter:  +20%

Current Active Listings:  22

Change from second quarter:  +8%

Most Active Neighborhoods:  Charles Town

Source:  Carolina Multiple Listing Service

Compare with the 2008 Monroe NC real estate market.

Copyright 2009.  Carol Fox.  *Monroe NC Real Estate Market Report--July to September 2009*

How did Monroe NC real estate market activity in the second quarter of 2009 compare with the first quarter 2009? 

This post will summarize second quarter 2009 real estate sales in Monroe NC plus compare changes in sales data with first quarter 2009 results.

Monroe NC Real Estate Market Report--2009 Second Quarter Data and Change from 2009 First Quarter

Single Family Homes in Monroe NC

Number of Sales:  51

Change from first quarter:  +21%

Average Price:  $136,817

Change from first quarter:  +8%

Average Days on Market:  120

Change from first quarter:  +46%

Current Active Listings:  295

Change from first quarter:  +1%

Most Active Neighborhoods:  Hamilton Place, Colonial Village

Townhomes and Condominiums in Monroe NC

Number of Sales:  3

Change from first quarter:  +33%

Average Price:  $128,552

Change from first quarter:  +22%

Average Days on Market:  100

Change from first quarter:  -36%

Current Active Listings:  24

Change from first quarter:  no change

Most Active Neighborhoods:  Charlestown

Source:  Carolina Multiple Listing Service

Compare with the Monroe NC 2008 Real Estate Market

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

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* 

If you live in northern Union County NC or are considering a real estate purchase there, you should know about the Monroe Connector/Bypass.  New information about the roadway is now available.

The proposed Monroe Connector/Bypass, Union County's much discussed and long-awaited highway, took another step forward this week with the release of the Draft Environmental Impact Statement by the North Carolina Turnpike Authority.  The Monroe Connector/Bypass is a proposed toll road that would cut through northern Union County from I-485 in Matthews to US 74 between the Towns of Wingate and Marshville in the eastern end of the county.  Its purpose is to provide a high-speed bypass for US 74.

History of the Monroe Connector/Bypass

Discussion and studies of a Monroe bypass have been ongoing since the mid-1990s.  A route was selected for the eastern end of the highway and right of way was purchased for that segment of the bypass.  Further decisions stalled around 2003 because no funding was available and a connector road from the bypass to western Union County had never been identified.  In 2005, the roadway was adopted as a candidate toll facility by the North Carolina General Assembly. The Environmental Impact Study process began again.

Publication of the draft Environmental Impact Study takes affected neighborhoods and communities one step closer to knowing where the route will likely go and who will be impacted.  While the Draft EIS shows 16 Detailed Study Alternatives (DSAs) for the route, the North Carolina Turnpike Authority has selected a recommended alternative.  The most hotly contested alternatives were those in the vicinity of I-485 running either through Stallings or Indian Trail.  The recommended alternative selects the Indian Trail route with the roadway connecting with US 74 somewhat east of the Matthews I-485 interchange.

Monroe Connector/Bypass Timeline

Public hearings for the Monroe Connector/Bypass draft EIS will be held during the second quarter 2009.  A preferred alternative will be selected during the third quarter 2009 and a Final Environmental Impact Statement will be published during the fourth quarter.  The Record of Decision will be published in the first quarter of 2010.  If all goes well, construction will begin in the fall of 2010 with the project open to traffic at the end of 2013.

Click here to view the Draft Environmental Impact Statement for the Monroe Connector Bypass.  Detailed maps of the proposed route are available at this site.

Copyright 2009.  Carol Fox.  *Monroe Connector/Bypass Route Selection Is One Step Closer*

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"

The December 15-22, 2008 issue of U.S. News and World Report just identified Monroe High School in Union County NC as one of the top high schools in the United States.  This is the second year that Monroe High School has made the list.

Just how good are the Union County NC public schools?  The Union County Public Schools web site lists other "Points of Pride" for the schools.

• Union County Public Schools has six of the 29 schools in the state that earned the highest designation of Honor School of Excellence out of 2397 schools included in the state testing.
• Union County seniors scored higher on the SATs than state and national levels for the third year in a row.
• The Union County Public School system ranks #1 among the nine largest school systems in the state with percentage of schools making AYP or Adequate Yearly Progress.
• Union County graduating seniors brought in $31.7 million in college scholarships in 2008, an all-time record.
• Three schools have been named Schools of Excellence every year since they opened:  Weddington Elementary (10 years), Weddington Middle (9 years), and Marvin Elementary (six years).

For more information about the Union County NC schools, visit the Education Page at www.CarolinaSmallTownLiving.com.

About the author:  Carol Fox of Allen Tate Realtors is a veteran agent who has been helping people find the right homes and neighborhoods in Union County for over twenty years.

Copyright 2008. Carol Fox.  All rights reserved.  "Union County NC Schools:  Just How Good Are They?