The Stroudsburg PA Real Estate Market Trends for July 2013 are summarized below:
AVERAGE SOLD PRICE:
The Average Sold Price of homes for July $188k, UP30% from $144k for July of 2012. This is GOOD news.
NUMBER OF HOMES SOLD:
The Number of homes sold for July was 24, UP 50% from the 16 sold in July of 2012.
YEAR TO DATE:
The Year To Date number of homes sold in the Stroudsburg PA Real Estate market trends report rose by 16% to 125 homes versus 108 for July of 2012.
The Year To Date average sold price rose by 14% to $173K versus $152K for July of 2012. This is GOOD NEWS ALSO!
Other Important Statistics to consider in STROUDSBURG PA Real Estate Market Trends are:
The Average Days on the Market has dropped to 124 versus 147 for July 2012.
The Sale to List Price Ratio stayed around the same, 95%
The Absorption Rate dropped from 14 months for 2012 to 11 months.
The Number of Pending homes is currently at 19, UP from 15 for July of 2012.
The Number of Active Listings dropped 15% to 200 versus 234 for July of 2012.
In Summary, all these Statistics show that we are still in a Buyer’s Market in Stroudsburg PA however the improvements shown above tell us that we are in an improving market and hopefully these trends will continue.
Stroudsburg Pa Real Estate Market Trends for July 2013 in the Poconos.
All these Pocono Real Estate Market Trends tell us that it is a Great Time to sell your home in Stroudsburg PA. Enlist the services of your Local Pocono Realtor©, Bobbie Smith! Call today for a FREE MARKET ANALYSIS.
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