East Stroudsburg PA Real Estate Market Update for in the Poconos of PA
for November 2013 are summarized below for your review. Demand is still
UP and the numbers are still GOOD.
AVERAGE SOLD PRICE:
The Average Sold Price of homes sold in East Stroudsburg PA for November was $151k, UP 16% from $136k for November of 2012.
NUMBER OF HOMES SOLD:
The Number of homes sold in East Stroudsburg PA for November was 39, versus 50 sold for November of 2012.
YEAR TO DATE:
The Year To Date number of homes sold in the East Stroudsburg PA Real Estate market trends report rose by 23% to 456 homes versus 370 for 2012. Good News.
The Year To Date average sold price of homes sold in East Stroudsburg PA dropped by 2% to $129K versus $131K for 2012.
Other Important Statistics to consider in Real Estate Market Trends for
East Stroudsburg PA in November 2013 are:
The Average Days on the Market has rose to 143 versus 205 for November 2012.
The Sale to List Price Ratio rose to 95% versus 94% for October 2013.
The Absorption Rate dropped to 10 months versus 17 months for November 2012.
The Number of Pending homes is currently at 52, UP from 37 for November 2012.
The Number of Active Listings dropped to 432 versus 529 for November of 2012.
In Summary, all these Statistics show that we are still in a Buyer’s Market in East Stroudsburg PA however the improvements shown above tell us that we are in an improving market and hopefully these trends will continue. For 13 months in a row the Number of Homes being sold in the Poconos has been on the rise and exceeded last years numbers. Good News.
Real Estate Market Trends in East Stroudsburg PA for November 2013.
Homes in East Stroudsburg PA for sale
Good to hear that things are up in East Stroudburg. Hope you have a great 2014.
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