Monroe NC Real Estate Market Report—January-March 2010
How did the Monroe NC real estate market fare in the first quarter of 2010 and how did it compare with 2009?
The average sales price for single family homes in Monroe NC dropped slightly in the first quarter of 2010 compared with 2009. Average days on market increased slightly to just over four months. Only two townhomes sold in Monroe during the first quarter and they showed a dramatic drop.
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 and townhomes in 2008 and 2009 plus first quarter 2010.
Single Family Homes in Monroe NC
2009 Average Sales Price: $124,851 First Quarter 2010 Average Sales Price: $119,357
2009 Number of Homes Sold: 218 First Quarter 2010 Number of Homes Sold: 30
2009 Average Days on Market: 117 First Quarter 2010 Average Days on Market: 127
Townhomes and Condominiums in Monroe NC
2009 Average Sales Price: $125,269 First Quarter 2010 Average Sales Price: $109,617
2009 Number of Homes Sold: 15 First Quarter 2010 Number of Homes Sold: 2
2009 Average Days on Market: 93 First Quarter 2010 Average Days on Market: 399
Source: Carolina Multiple Listing Service
Copyright 2010. Carol Fox. Allen Tate Realtors. *Monroe NC Real Estate Market Report—January-March 2010*
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