Pocono Pines PA Real Estate Market Report - August 2014

Poconos Pines PA Real Estate Market Report - August 2014

 

Pocono Pines PA Real Estate Market Report - August 2014

 

AVERAGE SOLD PRICE IN POCONO PINES:

 

The Average Sold Price in Pocono Pines for August 2014 was $294k, UP from $262k for August 2013,  A very nice Jump!

 

NUMBER OF HOMES SOLD IN POCONO PINES:

 

The Number of Homes Sold in Pocono Pines for August 2014 was 10, down from 11 for August 2013. This goes against the County average which showed the number of homes being sold on the rise again this month, now making 22 months in a row.

 

YEAR TO DATE STATISTICS FOR POCONO PINES 2014:

 

The Average Sold Price in the Pocono Pines PA Real Estate Market Report for 2014 is $253k, versus $264k for YTD 2013. Disappointing, to say the least. This Makes the Average Sale Price for homes in Pocono Pines PA DOWN 4.5% for the Year

 

The Number of Homes Sold in the Pocono Pines PA Real Estate Market Report for 2014 is 62, DOWN from 64 for YTD 2013. Discouraging!

 

 

Other Important Statistics to consider when reviewing the Pocono Pines PA Real Estate Market Report for May 2014 in the Poconos of PA are:

 

Absorption Rate: UP to 24 months, Way Above the County Average of 14 for August

 

Number of Pending Homes: 18, UP from 16 at this time last year

 

Sale to List Price Ratio: was around 91%

 

Number of Active Listings: 198 versus 186 for August 2013

 

Although these statistics don’t quite reflect it, 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 Bobbie and RE/MAX of the Poconos provide to you.  Our clients say “No one ever told me that before.” Our value is evident in our presentation and the amount of work that we do for you to Market your home on all the right avenues.

 

Poconos Real Estate Market Report - August 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    

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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*

6 commentsBobbie Smith • September 20 2014 05:33AM
Pocono Pines PA Real Estate Market Report - August 2014
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