Effort PA Real Estate Market Report for November in the Poconos for
your review. Good News all around this month. Sold prices were
UP and the Number Sold was UP. YEAH!
AVERAGE SOLD PRICE:
The Average Sold Price for homes sold in Effort PA was $167K for November versus $165k for November 2012. This is a nice surprise that we love to see.
NUMBER OF HOMES SOLD:
The Number of Homes Sold in Effort PA for November was 8 versus 7 for November 2012. Home sales have been on the rise for 13 months in a row now, County wide.
YEAR TO DATE STATISTICS:
The Average Sold Price YTD in Effort PA for 2013 is $130k, UP 2% from $128k for 2012 and the Number of Homes sold YTD in Effort PA for 2013 is 77, UP 7% from 72 for YTD 2012.
Other Important Statistics to consider in the Effort PA Real
Estate Market Report for November 2013 are:
The Absorption Rate for November dropped to 12 months from 13 months for November 2012
The Sale To List Price Ratio stayed the same as last month, 95%.
The Number of Pending homes rose to 9 for November 2013 versus 8 for November 2012.
The Number of Active listings stayed the same for November 2013 as for November 2012 at 82.
The Average Days On The Market dropped to 139 for November 2013 versus 444 for November 2012.
In Summary we see that the demand is still UP in the Effort PA Real Estate Market. As long as the demand continues to stay strong prices will soon begin to stabilize and then begin to rise. We need to see the Absorption Rate drop to 6 months to have a balanced market. The Poconos real estate market has seen a steady incline in the number of homes being sold for 13 months in a row now. That is very good news! That’s the first time in 6 years
Are you thinking of selling your home in Effort PA? Enlist the Services of your Local Poconos Realtor©, Bobbie Smith, and take advantage of the Best Market that the Poconos has seen in years and get your home in Effort PA on the Market For Sale NOW! Selling your Home in Effort PA is even more possible today than it was a few years ago. Put Bobbie and RE/MAX of the Poconos to work for you. Together, we will help you reach your Goals!
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: firstname.lastname@example.org
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*