Monroe's Lone Disclosed Sale Sets $250,000 Benchmark Amid Sparse Deed Data

MONROE -- Three properties changed hands in Monroe between June 19 and July 18, but only one of the three recorded deeds disclosed a sale price, limiting what this period's Franklin County Registry of Deeds filings reveal about the local housing market.

MARKET OVERVIEW The registry recorded three property transfers in Monroe during the period. Of those, only the July 17 sale of 10 Davis Rd included a disclosed consideration amount: $250,000. Because just one of three deeds reported a price, both the period's price range and its median sale price are $250,000 -- the figure for that single transaction. The remaining two transfers were recorded without a stated sale price, which is common in deed filings and does not necessarily indicate anything unusual about those transactions. Taken on raw count alone, three recorded sales is a modest volume for a one-month period in Monroe, though with pricing data available for only one transaction, the underlying dataset is too limited to characterize the month as active or quiet with confidence.

TOP SALES 10 Davis Rd sold for $250,000 on July 17. Adams Community Bank is listed as buyer, and Hunter R. Oakes is listed as seller. Bed, bath and square-footage figures were not available in the deed record. No price was disclosed for the other two transactions recorded during the period. A property listed in the deed only as being in Monroe, with no street address given, sold July 8; Kenneth Cote is listed as seller, and no buyer is named in the available record. 43 Kingsley Hill Rd sold June 22; the sellers are listed as JLS Property Solutions LLC and Financial LLC, and no buyer is named in the record.

NEIGHBORHOOD BREAKDOWN The period's three sales occurred at three distinct locations -- Davis Road, an address in Monroe not further specified in the deed, and Kingsley Hill Road -- with no street or neighborhood name appearing more than once in the records. Because only one of the three sales disclosed a price, a meaningful price-tier breakdown is not possible for this period. The sole disclosed sale, at $250,000, falls under the $500,000 mark, but the other two transactions cannot be assigned to a price tier without reported figures.

MARKET NOTES The buyer of record for the Davis Road transaction is Adams Community Bank, a financial institution rather than a named individual; the deed record does not state a reason for this. The Kingsley Hill Road transfer lists two seller entities, JLS Property Solutions LLC and Financial LLC, both limited liability companies rather than individual owners. Two of the three deeds recorded in the period -- the unaddressed Monroe property sold by Cote and the Kingsley Hill Road property -- do not list a named buyer in the available data. With sale-price information available for only one of three recorded transactions, this period's deed data offers a limited basis for drawing broader conclusions about Monroe's housing market. Bed, bath and square-footage figures were not available for any of the three properties and have been omitted throughout.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Jun 22 - Jun 28

Jul 6 - Jul 12

Jul 13 - Jul 19

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.