Let’s take a look at the Pocono Real Estate Market Report for December 2014, pointing out the Good points in blue.
The Average Sold price of homes was $133k which is DOWN 3% from December of 2013.
The Number of Homes sold was 226 homes which is UP by 20% from December 2013 and UP from the 209 sold for November 2014. (*Homes do sell in the Wintertime)
The Number of Pending homes is 192 UP 40% from December of 2013.
The Absorption Rate dropped to 10.91 (10 comments)
Good News this month in Pocono Pines Real Estate. The Average Sold Price went up and the Number of Homes sold went up when compared to September 2013 and from August of this year.
ABBREVIATIONS: SOLD $ = Average Sold price # SOLD = The Number of Homes sold for the Month ADOM = Average Days on the Market AR = Absorption Rate
AVERAGE SOLD PRICE IN POCONO PINES:
↑The Average Sold Price in Pocono Pines for September 2014 was $308k, UP 6.6% from $288k (2 comments)
The Stroudsburg Real Estate Market for July saw the Number of Homes being sold DROP from last July however, Sold Prices ROSE 8.7% FOR THE MONTH, making the Average Sold Price for the Year, DOWN 4.2%. Not good news.
Foreclosures accounted for 35% of the homes sold for July, County wide. Details of the Stroudsburg Real Estate Market are given below.
AVERAGE SOLD PRICE:
↑The Average Sold Price of homes sold in Stroudsburg PA for July was $194k, UP from $179k for July 2013. (12 comments)
AVERAGE SOLD PRICE:$125k versus $144k for June 2014. That is a 13% drop. Not good news. Many areas of the County saw this for June. An unexpected set back on our Road to Recovery.
Foreclosures accounted for 40% of the Sold homes in East Stroudsburg, a high foreclosure rate, which would account for the drastic price drop for June in the East Stroudsburg PA Real Estate Market.
NUMBER OF HOMES SOLD:59 versus 59 for June 2013. At least this number stayed the same and did not (1 comments)
market trends in the poconos: Pocono Real Estate Market Report for April 2014
- 05/05/14 11:49 AM
Pocono Real Estate Market Report for April 2014. The following Graphs and Detail present an overview of the Pocono Real Estate Market for April 2014 for residential sales within Monroe County. 1. The Number of Pended and the Number of Sold homes for April. Although the Number of Homes Sold for April is below the Number sold for March, this Number is UP 8.5% from the Number of Homes Sold for April 2013 which is great news. That will make 18 months in a row that the number of homes being sold on a Monthly Basis has risen from the (6 comments)
HOMES SOLD IN THE POCONOS FOR MARCH 2014 : The Number of Homes sold in the Poconos during March was 160, UP 1% from 157 sold for March 2013. This makes 17 months in a row that we have seen the number of homes being sold per month RISE! We are on a Roll, a nicely positive roll.
AVERAGE SOLD PRICE: The Average Sold Price of homes sold in Stroudsburg PA for November was $182k, UP 8% from $169k for November of 2012. This is GOOD news.
NUMBER OF HOMES SOLD: The Number of homes sold in Stroudsburg PA for November was 16, DOWN 27% from the 22 sold for November of 2012. Surprising news but given that November of 2012 was the number one month for (8 comments)
The Market Trends in the Poconos have been improving over the last several months.
It has been 7 consecutive months that homes sold in the Poconos have GONE UP from the previous year as you can see. This is fabulous news! Here’s to the trend continuing. (6 comments)
market trends in the poconos: POCONOS NEWSLETTER, POCONO TIDBITS FOR MAY 2013
- 05/20/13 11:05 PM
POCONOS NEWSLETTER FROM BOBBIE, POCONO TIDBITS, FOR MAY 2013 My regular Monthly newsletter gives you a brief look at the Market Trends in the Poconos along with a few other interesting tidbits. If you do not follow my blog posts then it will be new and useful information for you. When selling your home in the Poconos you need to know the detail of the Market Trends and to work with a Realtor who knows the details of your Market.
When looking for sell your home in the Poconos, please contact Your Local Pocono Realtor, Bobbie Smith. She (8 comments)
It’s more Good News! The preliminary statistics for March 2013 are showing that the Number of Homes being sold is STILL ON THE RISE! WooHoot! We have been waiting for positive market signs for years and it is wonderful to see them coming in.
The Chart below reflects the Pocono Real Estate Market Trends so far for March. These are still preliminary as it may take a day or two more for all transactions to be included.
For the time being we will (6 comments)
market trends in the poconos: Pocono Real Estate Market Report of Homes Sold for January 2013
- 02/06/13 04:24 AM
The Pocono Real Estate Market Report for January 2013. SALES ARE STILL UP! The Number of Homes Sold for January 2013 in the Pocono Real Estate Market Report are up by 10%. It is nice to see and say for several months in a row now. The Percentage of List Price (% of list) that homes are selling for is up to 94% too. Good News! Sadly, with the good we also need to report the not-so-good. The Average Sold Price of the homes sold for the month dropped by 13% ($110k for 2013 vs. $127K for 2012), mainly due to (4 comments)
market trends in the poconos: THE PRELIMINARY NUMBERS FOR SOLD HOMES IN THE POCONOS FOR NOV. 2012
- 12/02/12 10:34 AM
Let's take a quick peek at the Preliminary Numbers for Sold Homes for November 2012. We've been anxiously awaiting the Statistics. The final numbers should be in by Wednesday or Thursday. LOOK AT WHAT WE HAVE SO FAR FOR THE NUMBER OF HOMES SOLD DURING NOVEMBER 2012 when compared to the Number of Homes sold for November of 2011 - UP 22%
Love to see that again this month the DEMAND for homes continues to rise. This is good news.
HOWEVER, as you can see from the chart THE AVERAGE SOLD PRICE of those sold homes was down (4 comments)
market trends in the poconos: THE POCONOS 123 - POCONO TIDBITS FOR JANUARY 2012
- 01/17/12 11:03 AM
Here's a taste of our Pocono Newsletter for this Month. Hope you find some of it useful. It is interesting to look at the statistics for the month, and year's end and then look at them by school district. Overall for the year our averages have dropped from last year, sad news to say the least. Our days on the market continue to rise. The good news is that with this being the low listing time of year it helps to ease the burden of our Absorption rate which was 22-24 months over the summer months and has now dropped to (2 comments)
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