June Real Estate Market Report in Saylorsburg PA 2014
AVERAGE SOLD PRICE OF HOMES IN SAYLORSBURG PA:
The Average Sold Price of homes sold in Saylorsburg PA for June was $212k, UP from $209k for June of 2013. So great to see an UP number in the Pocono Real Estate Market. Very few areas of the County say this due to a 35% rate of foreclosures sold overall.
NUMBER OF HOMES SOLD IN SAYLORSBURG PA:
The Number of Homes Sold in Saylorsburg PA for June was 12, UP 140% from 5 for June 2013. It is great to see that the demand for homes remains high in the Real estate market report in Saylorsburg PA. With the Number of Pending homes being up by 36% for the Month we hope to see this number be positive again next month as well.
YEAR TO DATE STATISTICS FOR 2014 IN SAYLORSBURG PA:
The Year to Date Average Sold Price in Saylorsburg PA for 2014 is $167K, UP 5% from $159k for 2013. GREAT NEWS! One of the few areas within the County to be able to report this positive number for the month and year.
The Number of Homes Sold Year to Date in Saylorsburg PA for 2014 is 57, UP58% from 36 for 2013. Once again showing the Demand for homes in Saylorburg continues to stay strong and obviously the Inventory is there for those Buyers. Wise Buyers know that NOW is the best time to buy a home in Saylorsburg PA.
This month makes 20 months in a row that the number of homes sold in the Poconos has exceeded the previous years numbers. With increased demand comes an increase in prices, eventually. The Absorption Rate needs to drop to around 6 months to be a balanced market and then at that point we have our best chances of seeing our prices begin to rise again, steadily.
More Important Statistics to consider in the Real Estate Market Report for Saylorsburg PA in June 2014 are:
The Average Days on the Market was 118 days
The Sale to List Price Ratio was around 95%
The Absorption Rate remained the same at 11 months
The Number of Pending homes is currently at 15 homes
The Number of Active Listings is 93 versus 77 for June 2013.
We are in THE BEST REAL ESTATE MARKET we have seen in Saylorsburg PA and in the Poconos for years.
Real Estate Market Report in Saylorsburg PA for June 2014.
All these Pocono Real Estate Market Trends tell us that it is a Great Time to sell your home in Saylorsburg PA. When looking for a Real Estate Agent in Saylorsburg PA, enlist the services of your Local Pocono Realtor©, Bobbie Smith! Realize the Value of having your home being found everywhere on the Internet with our MAXimum Marketing! 92% of our Buyers come to us from the Internet so THAT is where YOU need to be!
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)
Email me now: email@example.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*