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1212 - Monroe Home Values and Market Report

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Report prepared by Serenasellsnj.com Century 21 New Beginnings Inc.

Market at a glance

Over the last 12 months, homes sold for 99.1% of list price in 96 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $573K Sold · $570K
$620K$560K$500K$440K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 95 sales in May. Last month: 89.

Where the market stands

All homes in this report, by status.

1,272homes
Active363 · 29%
Sold (12 mo)909 · 71%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$546K
Sold$532K

Average days on market

Active84 days
Sold96 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 363
Average list price $546,075
Avg. days on market 84 days
Avg. price per ft² $284
Avg. living area 2,183 ft²
Avg. beds / baths 2.6 / 2.4

Charts and listings below cover the 250 highest-priced of 363 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

54 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 193 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

11 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

75 Mayberry Avenue, Monroe NJ 08831$802
127 Applegarth Road, Monroe NJ 08831$700
956 State Route 33 Highway, Monroe NJ 08831$690
7 Rosewood Lane, Monroe NJ 08831$594
176 Old Forge Road, Monroe NJ 08831$568
235 Prospect Plains Road, Monroe NJ 08831$543
19 Inwood Avenue, Monroe NJ 08831$527

Active listings (250 of 363)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
840 E Route 33 Highway, Monroe NJ 088311212 - Monroe, NJ 08831 ———$2,900,000—221 days
8 Windhaven Court, Monroe NJ 088311212 - Monroe, NJ 08831 465,777$2,525,000$43734 days
2 Lexington Court, Monroe NJ 088311212 - Monroe, NJ 08831 55—$1,750,000—38 days
2 Lexington Court, Monroe NJ 088311212 - Monroe, NJ 08831 55—$1,750,000—38 days
6 Byrne Court, Monroe NJ 088311212 - Monroe, NJ 08831 66—$1,695,000—23 days
439 Schoolhouse Road, Monroe NJ 088311212 - Monroe, NJ 08831 433,344$1,650,000$493114 days
956 State Route 33 Highway, Monroe NJ 088311212 - Monroe, NJ 08831 ——2,318$1,600,000$69052 days
304 Dey Grove Road, Monroe NJ 088311212 - Monroe, NJ 08831 434,948$1,499,999$30396 days
2 Butternut Lane, Monroe NJ 088311212 - Monroe, NJ 08831 543,902$1,499,000$38412 days
184 River Road, Monroe NJ 088311212 - Monroe, NJ 08831 54—$1,450,000—185 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Serenasellsnj.com Century 21 New Beginnings Inc.

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The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
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