Real Estate Market Trends for Stroudsburg PA in the Poconos
of PA for November 2013 are summarized below
for your review. The numbers are still GOOD!
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 sales last year, we new it would be hard to be that great 2 Novembers in a row.
YEAR TO DATE:
The Year To Date number of homes sold in the Stroudsburg PA Real Estate market trends report rose by 10% to 207 homes versus 189 for 2012. Good News.
The Year To Date average sold price of homes sold in Stroudsburg PA rose by 13% to $174K versus $154K for 2012. Good News.
Other Important Statistics to consider in Real Estate Market Trends for Stroudsburg PA in November 2013 are:
The Average Days on the Market has dropped to 91 versus 178 for November 2012.
The Sale to List Price Ratio rose slightly to 97% versus 94% for October 2013.
The Absorption Rate dropped to 10 months versus 12 months for November 2012..
The Number of Pending homes is currently at 30, UP from 10 for November 2012.
The Number of Active Listings dropped 5% to 188 versus 197 for November of 2012.
In Summary, all these Statistics show that we are still in a Buyer’s Market in 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. Great News. With the number of homes available for sale continuing to drop IT IS A GREAT TIME TO SELL YOUR HOME IN STROUDSBURG PA while there is less competition.
Real Estate Market Trends in Stroudsburg PA for November 2013.
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
Email me now: email@example.com
My Website - http://www.homesinthePoconosforsale.com
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*