The Stroudsburg PA Real Estate Market Trends in the Poconos for Aug. 2013 are summarized below for your review. Demand is still UP and the numbers are still GOOD.
AVERAGE SOLD PRICE:
The Average Sold Price of homes for Aug. $171k, EVEN from $171k for Aug. of 2012. This is GOOD news.
NUMBER OF HOMES SOLD:
The Number of homes sold for Aug was 19, UP 5% from the 18 sold for Aug. of 2012. Good News. Good News.
YEAR TO DATE:
The Year To Date number of homes sold in the Stroudsburg PA Real Estate market trends report rose by 15% to 145 homes versus 126 for 2012. Good News.
The Year To Date average sold price rose by 11% to $171K versus $154K for 2012. Good News.
Other Important Statistics to consider in STROUDSBURG PA Real Estate Market Trends are:
The Average Days on the Market has dropped to 93 versus 275 for Aug. 2012.
The Sale to List Price Ratio rose to 97% versus 96% for July 2013.
The Absorption Rate dropped to 11 months versus 15 months for Aug. 2012..
The Number of Pending homes is currently at 24, UP from 16 for Aug of 2012.
The Number of Active Listings dropped 12% to 208 versus 237 for Aug. 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. For 10 months in a row the Number of Homes being sold in the Poconos has been on the rise and exceeded last years numbers. Good News.
Stroudsburg Pa Real Estate Market Trends in the Poconos for August 2013.
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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