Real Estate Market Report for Stroudsburg PA for April in the Poconos.

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Services for Real Estate Pros RS274017
http://actvra.in/4gsm

Real Estate Market Report for Stroudsburg PA for April in the Poconos.

 

stroudsburg pa real estate market report for april 2014

 

AVERAGE SOLD PRICE:

 

The Average Sold Price of homes sold in Stroudsburg PA for April was $122k,  DOWN from $149k for April 2013.

 

NUMBER OF HOMES SOLD:

 

The Number of homes sold in Stroudsburg PA for April was 10,  DOWN from the 12 sold for April 2013.

 

YEAR TO DATE STATS IN THE REAL ESTATE MARKET REPORT FOR STROUDSBURG PA:

 

The Number of Homes sold year to date in Stroudsburg PA is 65, UP 33% from the 49 sold for 2013.

 

The Average Sold Price year to date in Stroudsburg PA is $153k, UP 1% from $151k for 2013.

 

This is the first time in 18 months that the Number of Homes being Sold in Stroudsburg PA on a monthly basis did not exceed the previous years numbers. The question is whether it is due to the inventory being mostly a “left-over” inventory or are Buyers “cutting back” in this area. It is hard to decide since the overall stats for the County continue to be on the upswing. Hopefully this is just a temporary, one month setback.

 

Other Important Statistics to consider in the Real Estate Market Report for Stroudsburg PA in April 2014 are:

 

The Average Days on the Market has dropped to 115

 

The Sale to List Price Ratio was around 97%

 

The Absorption Rate remained the same at 7 months

 

The Number of Pending homes is currently at 29, versus 23 for last April

 

The Number of Active Listings dropped 10% to 153 versus 170 for last April

 

In Summary,  these Statistics show that we are still in a Buyer’s Market in Stroudsburg PA however we are very close to being in a Balanced Real Estate Market in Stroudsburg PA. A Balanced market would have an Absorption rate of 6 months.

 

IT IS A GREAT TIME TO SELL YOUR HOME IN STROUDSBURG PA. Don’t miss out on the Best Real Estate Market that Stroudsburg has seen in years. Call your local Stroudsburg Real Estate Agent, Bobbie Smith, today to get your home on the market for sale in this Great Market.

 

Real Estate Market Report in Stroudsburg PA for April 2014.

 

Real Estate Market Report in Stroudsburg PA for March 2014

Real Estate Market Report in Stroudsburg PA for February 2014

Real Estate Market Report in Stroudsburg PA for January 2014

 


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When looking for a Realtor© in the Poconos that will listen, assist and guide you without "pushing" you, contact Bobbie Smith. I would love to help.

 

Bobbie Smith, CRS

(Certified Residenial Specialist-CRS)

570-242-1891 Cell Best (Call or Text)

570-421-2345 Office 

RS#274017 

Email me now: bobbiej51@hotmail.com    

Search the Pocono MLS for a home

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All pictures, text, etc. stated within is the exclusive property of Bobbie Smith and cannot be copied or duplicated without written consent from Bobbie Smith.  All statistics and data contained herein are obtained from reliable sources and are deemed reliable however each individual should always do their own research on each topic and derive their own conclusions. Any statements of opinion are just that, the opinions of Bobbie Smith. *Realtor is a registered trademark of NAR*

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Rainmaker
3,178,020
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Bobbie,

Thank you for the market report in Stroudsburg, PA. Good analysis..one month down could be anything..the next 2 months would most likely give you the true direction of your market.

May 06, 2014 10:41 PM #1
Rainmaker
2,090,410
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Bobbie: Hopefully the shallow numbers are just a temporary snag for the Stroudsburg PA real estate market. With 29 pending sales, a bounce back is likely.

May 06, 2014 10:49 PM #2
Rainmaker
330,748
Bruce Swedal
Denver, CO
Denver Real Estate

Great market report that I am certain local home buyers and sellers will find valuable. They should give you a call if in the market.

May 06, 2014 11:00 PM #3
Rainmaker
646,482
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Dorie, Thanks for the positive feedback. It's hard to let the one month downturn upset the apple cart but when it' been UP and UP for so many months, you have to wonder. Thanks.

May 07, 2014 09:16 PM #4
Rainmaker
646,482
Bobbie Smith
Stroudsburg, PA
570-242-1891

Yes Anita, hopefully the number of pending homes means the months to come will all be positive. Thank you
!

May 07, 2014 09:17 PM #5
Rainmaker
646,482
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Bruce, I hope so. A savvy consumer is a Happy consumer.

May 07, 2014 09:18 PM #6
Rainmaker
3,896,533
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Bobbie, thanks for another excellent market update for the Stroudsburg PA real estate market.

May 07, 2014 09:36 PM #7
Rainer
88,026
A. J. Zaki
REMAX Realty Pros - Boca Raton, FL
Home Finder In Florida

Thank you for sharing this informaiton. It is a great post and a good read. Well put together. Hope you have a nice weekend!

May 07, 2014 11:44 PM #8
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