Buyers Tread Carefully, Snagging Cheap Square Footage

Of four home sales in Monroe and one just across the line in Newtown last week, just one barely climbed past the $500,000 mark. Buyers may be waiting for the big thaw--in mortgage financing as well as snow. The sales included a Southwest-style ranch and several sizeable colonials.

1151 Monroe Turnpike, Monroe

Listed for: $369,900

Sold for: $317,500

Closed on: 2/22/11

8-room contemporary with 4 bedrooms and 2½ baths

3770 square feet, 2.76 acres, built in 1952

211 Guinea Road, Monroe

Listed for: $349,900

Sold for: $330,000

Closed on: 2/21/11

7-room ranch with 3 bedrooms and 2 baths

2050 square feet, 2 acres, built in 1977

19 Quarry Ridge Road, Monroe

Listed for: $429,900

Sold for: $415,000

Closed on: 2/16/11

9-room colonial with 4 bedrooms and 2½ baths

2410 square feet, 1 acre, built in 1977

11 Summer View Drive, Monroe

Listed for: $539,900

Sold for: $502,500

Closed on: 2/16/11

10-room colonial with 4 bedrooms and 3½ baths

2604 square feet, 1 acre, built in1990

10 Lazybrook Road, Newtown

Listed for: $349,000

Sold for: $350,000

Closed on: 2/17/11

9-room colonial with 4 bedrooms and 2½ baths

3072 square feet, 2.36 acres, built in 1987