Real Estate Market Report for Effort PA - July 2014
AVERAGE SOLD PRICE:
The Average Sold Price for homes sold in Effort PA was $127K, down 10+% from $142k for July 2013.
NUMBER OF HOMES SOLD:
The Number of Homes Sold in Effort PA was 9, up 12+% from 8 for July 2013.
YEAR TO DATE STATISTICS:
The Average Sold Price YTD for 2014 is $133k, UP 3.7% from $129k for 2013 and The Number of Homes sold YTD for 2014 is 57, UP 21% from 47 for YTD 2013.
Other Important Statistics to consider in the Real Estate Market Report for Effort PA are:
- The Absorption Rate dropped to 9.5 months. Good!
- The Sale To List Price Ratio rose to 99%. Good!
- The Number of Pending homes rose to 15 versus 7 from July 2013. Good!
- The Number of Active Listings dropped by 13% to 79. Good!
- The Average Days On The Market dropped to 126 from 245 for July 2013. Good!
In Summary we see that the demand is still staying strong in the Effort PA Real Estate Market with the number of homes being sold on a monthly basis continuing to rise each month and with the Average Sold Price for the Year being up by 3.71%, indicating the overall, the Effort PA Real Estate Market is a GOOD real estate market right now!
Real Estate market report for Effort PA - July 2014
Enlist the Services of your Effort PA Realtor©, Bobbie Smith, and take advantage of the Best Market that Effort PA has seen in years.
Poconos Real Estate Market Report - July 2014
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