Saylorsburg PA Real Estate Market Report - August 2014
The Saylorsburg PA Real Estate Market Report is full of positive data that we love to see when reporting on real estate trends in the Poconos.
AVERAGE SOLD PRICE OF HOMES IN SAYLORSBURG PA:
The Average Sold Price of homes sold in Saylorsburg PA for August was $150k, DOWN from $209k for August of 2013. Although the Monthly average sold price was way down, our year to date numbers are positive and on a great trend.
The Average List Price of homes for sale in Saylorsburg was $225k for August versus $173k for August 2013.
NUMBER OF HOMES SOLD IN SAYLORSBURG PA:
The Number of Homes Sold in Saylorsburg PA for August was 14, UP 27% from 11 for August 2013. It is great to see that the demand for homes remains high in the Saylorsburg PA Real estate market report.
YEAR TO DATE STATISTICS FOR 2014 IN SAYLORSBURG PA:
The Year to Date Average Sold Price in Saylorsburg PA for 2014 is $157K, EVEN with $157k for 2013. GREAT NEWS! One of the few areas within the County to be able to report this positive number for the month and year.
The Year To Date Average Sold Price for Monroe County is down 4% from 2013.
The Average List Price Year To Date in the Saylorsburg PA REal Estate market report for 2014 is $188k, up 4% from $180k for 2013
The Number of Homes Sold Year to Date in Saylorsburg PA for 2014 is 73, UP49% from 49 for 2013. Once again showing the Demand for homes in Saylorburg continues to stay strong and obviously the Inventory is there for those Buyers. Wise Buyers know that NOW is the best time to buy a home in Saylorsburg PA.
This month makes 22 months in a row that the number of homes sold in the Poconos has exceeded the previous years numbers. The Absorption Rate needs to drop to around 6 months to be a balanced market. We are currently in a Buyer’s Market.
More Important Statistics to consider in the Saylorsburg PA Real Estate Market Report - August 2014:
The Average Days on the Market was 39 days
The Sale to List Price Ratio was around 98%
The Absorption Rate is at 9 months
The Number of Pending homes is currently at 20 homes
The Number of Active Listings is 89 up from 74 for August 2013.
We are in THE BEST REAL ESTATE MARKET we have seen in Saylorsburg PA and in the Poconos for years.
Saylorsburg PA Real Estate Market Report - August 2014.
All these Pocono Real Estate Market Trends tell us that it is a Great Time to sell your home in Saylorsburg PA. When looking for a Saylorsburg PA Real Estate Agent enlist the services of your Local Pocono Realtor© Bobbie Smith! Realize the Value of having your home being found everywhere on the Internet with our MAXimum Marketing! 92% of our Buyers come to us from the Internet so THAT is where YOU need to be!