Real Estate Market Report in Stroudsburg PA for October 2014

By
Services for Real Estate Pros RS274017

Real Estate Market Report in Stroudsburg PA for October 2014.

 

stroudsburg pa real estate market report october 2014

 

With Stroudsburg being the largest city closest to the Delaware Water Gap their demand is higher due to their commuter friendly location to New Jersey and New York therefore we usually see improvements in this market before we do in those locations farther away from The Gap so we watch this market closely.  Details of the Stroudsburg Real Estate Market are given below.

 

AVERAGE SOLD PRICE:

 

The Average Sold Price of homes sold in Stroudsburg PA for October was $199k, UP 23% from $161k for 2013 and down from $212k for September

 

Foreclosures were 8% of the Homes sold in Stroudsburg PA for October.

 

The Average Sold Price in Monroe County for October was $137k.

 

NUMBER OF HOMES SOLD:

 

The Number of Homes sold in Stroudsburg PA for October was 24,  DOWN 7.8% from October 2013 and up from 19 for September.  The Number of Pending Homes in the Stroudsburg Real Estate Market is UP 6% to 32. 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 214, UP 12% from the 191 sold for 2013.

 

The Number of Homes sold in Monroe County for October was 267.

 

The Average Sold Price year to date in Stroudsburg PA is $172k, DOWN 1% from $173k for 2013. This is the best stat we have seen this year for average sold prices in the Stroudsburg area.

 

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

 

  • The Average Days on the Market was 126

 

  • The Sale to List Price Ratio rose to 99%

 

  • The Absorption Rate is around 9 months.

 

  • The Number of Pending homes is currently at 32

 

  • The Number of Active Listings dropped 6.6% to 197

 

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 - October 2014.

 

Homes for sale in Stroudsburg PA

 

Poconos Real Estate Market Report for October 2014

 

Stroudsburg PA Real Estate Market Report for September 2014

Stroudsburg PA 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*

Comments (12)

Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Bobbie,

Good news about a balanced market in Stroudsburg PA! Great time for a seller to put their home on the market!

Nov 07, 2014 10:24 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Are you looking for a Stroudsburg PA REALTOR to assist you in meeting your real estate needs? If so be wise and contact area Agent Bobbie Smith. Put her experience to work for you today.

Nov 07, 2014 11:18 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Bobbie Smith,  Excellent job on your report for buyers and sellers as always.  Have a great day!

Nov 08, 2014 12:53 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Bobbie: With so many new pending sales, it looks like the Stroudsburg real estate market is poised to end the year on a high note.

Nov 08, 2014 02:12 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Bobbie, you create a Stroudsburg PA Real Estate market report that is full of valuable information and easy on the eyes, I love your background. Keep up the excellent work.

Nov 08, 2014 03:19 AM
David Saks
(retired) - Memphis, TN

This is an absolutely great post and full of exciting information designed to thrill every reader.

Nov 08, 2014 05:29 AM
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 excellent update for the Stroudsburg PA real estate market.

Nov 08, 2014 08:32 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Dorie, It sure is. It's that time of year when inventory is at the lowest point.

Hi John, Thanks so much. Have A Good Day!

 

Nov 08, 2014 09:42 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Will, Thanks. Have A Great Football Sunday.

Thanks Anita. Wouldn't that be Grand!

Nov 08, 2014 09:43 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Noah, I love to stick some of pictures in for the background. Silly huh? LOL

Hi David, Tanks for dropping by. tehe

Hey Gabe, love to report Good news, don't we? Thanks.

Nov 08, 2014 09:44 PM
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Bobbie Smith 

Thank you for sharing such a great market report!

This is excellent information for buyers and sellers alike.

Great report as usual!  Best wishes for a productive week ahead!

Nov 09, 2014 08:01 AM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Great Market Report.  Thanks for the information.  Keep up the good work!

Oct 17, 2015 12:12 PM