Real Estate Market Trends in Pocono Pines PA for December 2014

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Services for Real Estate Pros RS274017

Real Estate Market Trends in Pocono Pines PA for December 2014

 

Great News in the Pocono Pines Real Estate Market for the Year. The Average Sold Price is up 8% for the year as well as the Number of Homes sold for the

Year is up by 4%. Good signs of a recovering real estate Market.


Pocono Pines PA Real Estate Market Report - December 2014

AVERAGE SOLD PRICE IN POCONO PINES:

 

The Average Sold Price in Pocono Pines for December 2014 was $182k, EVEN from $182k for December 2013. The Average List price of homes for sale in Pocono Pines for December was $329k.

 

The Average Sold Price for Monroe County for December was $133k

 

NUMBER OF HOMES SOLD IN POCONO PINES:

 

The Number of Homes Sold in Pocono Pines for December 2014 was 7, UP from 5 for December 2013.  

 

The Number of Homes Sold in Monroe County for October was 226.

 

YEAR TO DATE STATISTICS FOR POCONO PINES 2014:

 

The Average Sold Price in the Pocono Pines PA Real Estate Market Report for 2014 is $285k UP 8% from $266k for YTD 2013. GOOD NEWS!

 

The Average Sold Price year to date in Monroe County is $132k.

 

The Number of Homes Sold in the Pocono Pines PA Real Estate Market Report for 2014 is at 105 homes, UP 4% from 101 for year to date 2013.

 

The Number of Homes Sold for the County YTD 2014 is 2472.

 

Other Important Statistics to consider when reviewing the Pocono Pines PA Real Estate Market Report for December 2014 are:

 

Absorption Rate: 17 months. That is high. County average is 11 months.

 

Number of Pending Homes: 6

 

Sale to List Price Ratio: was around 92%. We’d like to see 97% or more.

 

The Year To Date Average Days on the Market: 243 days

 

It is still the Best Real Estate Market the Poconos has seen in several years.

 

Looking for a Pocono Pines PA Real Estate Agent? Give Bobbie Smith a call for an Interview. Discover the Value that you will receive when you put our Experience and Marketing to work for you.

 

Poconos Real Estate Market Report - December 2014

 

Pocono Pines PA Rea Estate Market Report - November 2014

Pocono Pines PA Real Estate Market Report - October 2014

Pocono Pines PA Real Estate Market Report - September 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*

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Ambassador
1,770,705
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Well done Pocono Pines PA market report Bobby. There is so much data there it answers enough of what a consumer is wondering to point out that Bobbie Smith is the Pocono Pines PA Professional Realtor you want on your team.

Jan 30, 2015 10:57 AM #1
Rainmaker
2,366,588
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Bobbie: It is great to hear the Pocono Pines PA real estate market is doing so well. I hope 2015 is a banner year for this market.

Jan 30, 2015 11:07 AM #2
Ambassador
1,495,712
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Bobbie Smith 

Thank you for sharing these local real estate trends!

This is invaluable information for buyers and sellers alike.

Jan 30, 2015 11:36 AM #3
Rainmaker
659,291
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hey Noah, Thanks so much! I got up this morning thinking about it and I'm saying to myself, how can I make these market updates more interesting.

Jan 30, 2015 10:06 PM #4
Rainmaker
659,291
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Anita, We could use a "Banner" year for sure. This is one of the few markets in the area that saw an increase in their average sale price and we would like them ALL to see that. Thanks.

Jan 30, 2015 10:06 PM #5
Rainmaker
659,291
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Jim, I hope they review it and are pleased that the Pocono Pines Market continues to improve. Thanks.

Jan 30, 2015 10:07 PM #6
Rainmaker
4,798,978
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 update for the Pocono Pines area of PA.  I like to read about good news.

Jan 31, 2015 08:26 PM #7
Rainmaker
659,291
Bobbie Smith
Stroudsburg, PA
570-242-1891

Thanks Gabe. I know what you mean. I do too.

Jan 31, 2015 10:09 PM #8
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