Real Estate Market Trends in Stroudsburg PA - December 2014

Real Estate Market Trends in Stroudsburg PA - December 2014.

 

We’re ending the year with a great number of homes

being sold (273) and the average sold price only

down by 1.6% from last year, better than the County overall.

 

stroudsburg pa real estate market report for december 2014

AVERAGE SOLD PRICE:

 

The Average Sold Price of homes sold in Stroudsburg PA for December was $175k, DOWN 4.3% from $183k for 2013.

 

Foreclosures were 27% (9) of the Homes sold in Stroudsburg PA for December.

 

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

 

NUMBER OF HOMES SOLD:

 

The Number of Homes sold in Stroudsburg PA for December was 33,  UP17.9% from December 2013.  The Number of Pending Homes in the Stroudsburg Real Estate Market YTD is UP 3.7%.

 

YEAR TO DATE STATS IN THE STROUDSBURG PA REAL ESTATE MARKET REPORT:

 

The Number of Homes sold year to date in Stroudsburg PA is 273, UP 17.9% from the 235 sold for 2013.

 

The Number of Homes sold in Monroe County YTD was 2472.

 

The Average Sold Price year to date in Stroudsburg PA is $172k, DOWN 1.6% from $175k for 2013.

 

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

 

The Average Days on the Market was 154

 

The Sale to List Price Ratio was around 95%

 

The Absorption Rate is around 8.3 months.

 

The Number of Pending homes is currently at 25

 

The Number of Active Listings rose 8.7% to 187

 

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. Last year at this time the Absorption Rate in Stroudsburg was closer to 11 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.

 

Homes for sale in Stroudsburg PA

 

Real Estate Market Trends in Stroudsburg PA - December 2014.

*originally posted on Homes In The Poconos For Sale

 

Poconos Real Estate Market Report for December 2014

 

Stroudsburg PA Real Estate Market Report for November 2014

Stroudsburg PA 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    

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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*

Comment balloon 4 commentsBobbie Smith • January 15 2015 04:23AM
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