Monroe WA Real Estate Market Update | August 2025

Get the latest insights into the Monroe, WA real estate market for September 2025, breaking down the crucial sales figures from August! In this update, local agent Chris Byler covers key metrics that impact home buyers and sellers in the North End.

Here's what you'll discover for August 2025 in Monroe:

• Median Sales Price: $780,000, showing an increase from $763,000 in July. We even look at an example of a 1700 square foot one-story home that sold for exactly that price in Southeast Monroe.

• Average Dollar per Square Foot: Up slightly to $364 per square foot, compared to $354 in July.

• Pending Sales: A significant jump to 38 pending sales last month, up from 21 in July, indicating increased activity.

• Sale Price to List Price Ratio: Homes are selling at an average of 97% of their asking price, often a little under what they were listed for.

• Average Days on Market: Homes are selling in about 28 days.

• Absorption Rate: Discover what the 2.8-month absorption rate means for the current inventory in Monroe.

Whether you're looking to buy, sell, or just stay informed about the local housing market, this video provides valuable data and expert analysis.

Have questions about the Monroe real estate market or need personalized advice?

Reach out to Chris Byler today!

Phone: 206-601-8945

Email: ChrisByler@windermere.com

Website: www.NorthEndHomes.com