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Stroudsburg PA Real Estate Market Report - August 2014

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Services for Real Estate Pros RS274017

Stroudsburg PA Real Estate Market Report - August 2014.

stroudsburg pa real estate market report - august 2014

 

Details of the Stroudsburg Real Estate Market are given below.

 

AVERAGE SOLD PRICE:

 

↓The Average Sold Price of homes sold in Stroudsburg PA for August was $165k,  DOWN from $195k for August 2013.

 

Foreclosures were 14% of the Homes sold in August 2014 in Stroudsburg PA.

 

NUMBER OF HOMES SOLD:

 

↑The Number of Homes sold in Stroudsburg PA for August was 35,  UP from August 2013.  The Number of Pending Homes in the Stroudsburg Real Estate Market is UP 55% to 31. YUP - YEAH!

 

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

 

The Number of Homes sold year to date in Stroudsburg PA is 170, UP 16% from the 146 sold for 2013.

 

The Average Sold Price year to date in Stroudsburg PA is $164k, DOWN 5.9% from $174k for 2013.  Ewwwww. Not want we are looking to see.

 

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

 

The Average Days on the Market was 117

 

The Sale to List Price Ratio dropped greatly to 94.5%

 

The Absorption Rate is around 10 months.

 

The Number of Pending homes is currently at 31

 

The Number of Active Listings dropped 4% to 203

 

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. 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 Real Estate Market.

 

Stroudsburg PA Real Estate Market Report - August 2014.

 

*Originally posted on www.homesinthepoconosforsale.com

 

Poconos Real Estate Market Report for August 2014

 

 

Stroudsburg PA Real Estate Market Report for July 2014

Stroudsburg PA Real Estate Market Report for June 2014

Stroudsburg PA Real Estate Market Report for May 2014

Stroudsburg PA Real Estate Market Report for April 2014

Stroudsburg PA Real Estate Market Report for March 2014

Stroudsburg PA Real Estate Market Report for February 2014

Stroudsburg PA Real Estate Market Report 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*

Show All Comments
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Bobbie: The Stroudsburg PA real estate market is getting closer to being balanced. Hopefully it will get there within the next few months!

Sep 14, 2014 10:49 PM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Good morning Bobbie, well done, colorful and easy to understand Stroudsburg PA Real Estate Market Report. I agree with Anita, it looks like it will get balanced.

Sep 14, 2014 11:54 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good morning REALTOR Bobbie Smith.  You have provided some great information on the Stroudsburg PA real estate market.  Balanced is always good and Stroudsburg PA is getting there. 

Sep 15, 2014 12:47 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Happy Monday Bobbie Smith,  Great graphic on the Stoudsburg area.  I remember spending lots of times up there in my teens (dated a girl from there).

Sep 15, 2014 01:20 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Bobbie,

This is excellent report, and it is interesting to note that you have a buyer's market in Stroudsburg, PA.  Have a great week.  A

Sep 15, 2014 03:27 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Nice increase in sales over last year Bobbie. I hope the sales continue through the cooler and cold winter months.

Sep 15, 2014 01:21 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Anita, Thank. We've been close for so many months now. I can't wait for a balanced market. Maybe by Spring

Sep 15, 2014 09:34 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Noah, Thanks. We are on our way,  slow but sure.

We need our prices to stabilize as well too.

Sep 15, 2014 09:35 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hey John, Hats off to you. YOu are having a banner year. Thanks for stopping by in your buy schedule

Sep 15, 2014 09:37 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hey Will, Funny how the memories come back to you with "trigger" points, isn't it.

You have such fond memories of our area.

That's Great! Thanks.

Sep 15, 2014 09:37 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Alexandra and Ron, We have a very strong Buyers Market in our area. Some parts of it more than other.  Thanks

Sep 15, 2014 09:38 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Debbie, Thanks for the support. We will have a drop off very shortly but once the snow flies the skiing crowds will come in and sales will pick up again

Sep 15, 2014 09:39 PM
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 the detailed update for the Stroudsburg PA real estate market.

Sep 15, 2014 09:51 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Gabe, Thanks for stopping by and offering your support. I appreciate it. Have A Great Day

Sep 16, 2014 09:25 PM
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