As seen below, the Monroe, NY real estate results are now available for the September 2016 period.
The median sales price in Monroe NY during September 2016 continued to move up. The $326,500 median price is a 15% increase over the previous month of August. Median prices were also about 13% higher than the same time last year. These are both very strong results. The sold homes included many colonial style homes which typically bring in a higher sales price. Also, there is only one short sale and no foreclosures included in the results. The lack of distressed properties may have helped boost sales prices.
September continues to bring good news for sellers and encouragement for hesitating buyers to get moving!
Regarding sales volume, sales volume remains healthy in the Monroe NY area, with 20 sales in September. Available inventory increased slightly from 107 on September 1st to 113 available on October 3rd, 2016.
The trend this year has seen lively sales with growing median pricing in most months. If you are a seller, feel free to give me a call to discuss your specific needs. I’d be happy to help you make a plan to get your home on the market.
In addition, I have data available for all of Orange County – If you want more information about Monroe or any other Orange County area, feel free to call me on 914-419-0270 or email me at kat@thehousekat.com.