Monroe’s condo market comprises 3 published complexes, all condominiums with no co-ops. The condo_sales database contains no recorded sales, limiting historical price analysis for the immediate market. However, Monroe’s broader residential market shows a median sold price of $718,898 and a median home value of $636,000. The town experienced a 12-month price change of -0.6%, indicating a relatively stable market despite slight downward pressure. These metrics provide context for the overall real estate environment in which Monroe’s limited condo inventory operates.
| Community | Units | Year Built | Avg Sale Price | HOA/mo | Pool |
|---|---|---|---|---|---|
| Castlewood | 21 | 2005 – 2006 | $660,000 | $225 | N |
| Northbrook | 345 | 1983 – 1990 | $353,786 | $363 | Y |
| The Hills of Monroe | 186 | 1987 – 1994 | $343,865 | $481 | Y |
All 3 published complexes in Monroe are condo developments. Construction spans from 1983 to 2006 based on the 3 of 3 complexes with known build years, covering mid-century properties through modern developments. Across the inventory, two- and three-bedroom layouts are the most common (2 complexes include two-bedroom units and 2 include three-bedroom units); one-bedroom inventory is available in 2. On-site amenities are sparse in the source data — a pool is listed at 2 and a clubhouse at 2 of the 3 complexes. Current active inventory across these complexes totals 6 listings in the source data.
Monroe’s broader residential market demonstrates strong buyer activity relative to inventory. The sale-to-list ratio stands at 101.2%, indicating homes typically sell near or above asking price. With just 1.6 months of inventory on hand, the market remains competitive and favors sellers. Properties sell quickly, averaging 28 days on market, reflecting healthy demand across the town’s residential segments.
Explore more Monroe CT real estate.
© 2025 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. 
Made By The Speculo Group