New Downward Trend in Contracts for Monroe Real Estate Market

Sales remained steady from last week to this week, with one home sold in the Monroe market over the last 30 days. However, an emerging downturn in the number of pending transactions continued, with one completed in the same period. The median sales price of all transactions in Monroe did not budge this week, remaining at $175,000.

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Demographic facts about Monroe:

  • The median value of all homes in the area is $214,700.
  • The area gets an average of 153 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 5.4%.
  • For every teacher there are 16.1 students in this area. (15.3 = national average)

Data reported through 10/12/2016

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