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4th Quarter Home Sales Surge 83 Percent In Monroe

Fourth quarter real estate sales surged 83 percent in Monroe. Photo Credit: File
Fourth quarter real estate sales surged 83 percent in Monroe. Photo Credit: Daily Voice File photo

FAIRFIELD COUNTY, Conn. -- Real estate sales surged in the fourth quarter in Monroe and Stratford, according to the year-end report from William Pitt Sotheby’s International Realty.

Home sales increased 83 percent in Monroe and 43 percent in Stratford. They were among the leaders in the final quarter for the year in Fairfield County, which saw an 8 percent increase in sales.

In Monroe, 55 homes exchanged hands, while Stratford reported 153 transactions.

Home sales fell 8 percent in Trumbull and 2 percent in Shelton.

The median sale price increased 2 percent in the fourth quarter in Stratford compared with the same timeframe in 2014. The MSP increased 9 percent in Trumbull, and fell the same amount in Shelton. The MSP increased 2 percent in Stratford.

For the year, the median sale price for a home in Shelton fell 4 percent, to $300,000. Monroe’s MSP increased 1 percent, to $344,000, while the MSP fell 1 percent in Trumbull ($365,000) and Stratford ($226,000). The county median sale price fell 3 percent in 2015, to $445,000.

Click here for the complete report from William Pitt.

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