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.
About the author: Carol Fox of Allen Tate Realtors is a veteran agent who has helped people find the right homes and neighborhoods in Monroe NC for over twenty years.
Copyright 2009. Carol Fox. All rights reserved. "Monroe NC 2008 Real Estate Market Report"