Real Estate Market Report in Stroudsburg PA for October 2014

Real Estate Market Report in Stroudsburg PA for October 2014.

 

stroudsburg pa real estate market report october 2014

 

With Stroudsburg being the largest city closest to the Delaware Water Gap their demand is higher due to their commuter friendly location to New Jersey and New York therefore we usually see improvements in this market before we do in those locations farther away from The Gap so we watch this market closely.  Details of the Stroudsburg Real Estate Market are given below.

 

AVERAGE SOLD PRICE:

 

The Average Sold Price of homes sold in Stroudsburg PA for October was $199k, UP 23% from $161k for 2013 and down from $212k for September

 

Foreclosures were 8% of the Homes sold in Stroudsburg PA for October.

 

The Average Sold Price in Monroe County for October was $137k.

 

NUMBER OF HOMES SOLD:

 

The Number of Homes sold in Stroudsburg PA for October was 24,  DOWN 7.8% from October 2013 and up from 19 for September.  The Number of Pending Homes in the Stroudsburg Real Estate Market is UP 6% to 32. YUP - YEAH!

 

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

 

The Number of Homes sold year to date in Stroudsburg PA is 214, UP 12% from the 191 sold for 2013.

 

The Number of Homes sold in Monroe County for October was 267.

 

The Average Sold Price year to date in Stroudsburg PA is $172k, DOWN 1% from $173k for 2013. This is the best stat we have seen this year for average sold prices in the Stroudsburg area.

 

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

 

  • The Average Days on the Market was 126

 

  • The Sale to List Price Ratio rose to 99%

 

  • The Absorption Rate is around 9 months.

 

  • The Number of Pending homes is currently at 32

 

  • The Number of Active Listings dropped 6.6% to 197

 

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.

 

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.

 

Stroudsburg PA Real Estate Market Report - October 2014.

 

Homes for sale in Stroudsburg PA

 

Poconos 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

 

facebook  google plus  twitter   pinterest   youtube  linkedin 


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    

Search the Pocono MLS for a home

RE/MAX OF THE POCONOS

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 12 commentsBobbie Smith • November 08 2014 05:45AM
Real Estate Market Report in Stroudsburg PA for October 2014
share
Real Estate Market Report in Stroudsburg PA for October 2014. With Stroudsburg being the largest city closest to the Delaware Water Gap their demand is higher due to their commuter friendly location to New Jersey and New… more
Again, The Reds of Fall are so Vibrant
share
As we prepare for colder weather and the dreary brown landscape before snow falls it is a pleasant change to occassionally see the lingering delights of fall like this Red Japanese Maple Tree. The beginning of November and it is at it's peak… more
Pocono Real Estate Market Report - October 2014
share
Pocono Real Estate Market Report - October 2014 Taking a look at the Pocono Real Estate Market Report for October 2014 we see several good points. The Average Sold price of homes was $136k which is… more
Under Contract! Pocono Farms Country Club Charmer!
share
Under Contract! Pocono Farms Country Club Charmer! 2015 Minqua Trail, Tobyhanna PA This Lovely, Little home is now under contract with a very lucky Buyer. Loved dearly for years by the current owners these Buyers… more