POCONO REAL ESTATE MARKET STATS JULY 2012; SOLD HOMES MONROE COUNTY

Here is a look at The Pocono Real Estate Market Stats for sold homes in Monroe County, July 2012

 

As we take a look at the chart we SEE SOME FABULOUS, WONDERFUL NEWS!  The Number Of Homes Sold in The Poconos of PA for July 2012 versus July 2011 was UP BY 21% (stats obtained from flexmls 4-3-12).  21%! Can you imagine.  A few days ago when I looked at the Stats the number was up by 15%, todays data is even better. Yahoo! I'm glad I waited to share the news with you.

The Average sale price of homes sold In The Poconos of PA for July 2012 was down by 2% however bringing our Year To Date total to down by 7% (-7%) which is where we were at with the 2nd quarter stats. 

This means we are "holding our own" price wise, correct?  Currently we still have a large number of homes PENDING also so that means we may be seeing some more great news for August.  Let us hope so.  Our market needs it.

If our sales continue to escalate and our prices hold steady do you know what that means?

Personally I am hoping to finish the year out even, price wise that is and I am hoping the number of homes sold for the year will be a + number.

Homes sold in the Poconos for July 2012

Of the 153 sold homes for July 38 were foreclosures (approx. 24%). This number is down from our averages too.

The average list price of the 153 homes was $152,472 and the average sold price of the 153 homes was $143,158 making the average sold price per square foot approximately $73.84 per square foot.

The average days on the market for the 153 sold homes was 193 days.

YEAR TO DATE: As of 7/31/12 we are up 6% in the number of homes sold (880 to 826) and down 7% in the average sale price of the sold homes (137,813 to 148,276) when compared to the stats to this date of 2011.

2nd quarter Stats

Follow Me on Pinterest

 

When looking to sell your home in the Poconos, enlist the guidance of a Caring, Compassionate, Experienced and Reputable Realtor. Your Local Pocono Realtor, Bobbie Smith

 

Bobbie Smith, CRS

570-242-1891 Cell  

570-421-2345 Office 

Email me now: bobbiej51@hotmail.com    

RS#274017                                                                                                                                                       

My Website - http://www.homesinthePoconosforsale.com

Follow me on Facebook; Follow me on Google+

Sell My Home In The Poconos, PoconoHmz.com,

Buy A Home In the Poconos, Search for a Home In The Poconos

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. 

Comments

Hi Bobbie, always enjoy viewing numbers and graphs on other Communities....Thanks for sharing with us.

Posted by Ronald DiLalla No. Orange Cty Real Estate (Century 21 Discovery DRE 01813824) 10 months ago

Hi Ronald, Glad you enjoy it. Thanks for stopping by.

Posted by Bobbie Smith Pocono Real Estate, 570-242-1891, (RE/MAX OF THE POCONOS) 10 months ago

Bobbie it is good to hear that your market is improving. I hope the trend continues!

Posted by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) 10 months ago

Hi Bill, Yes, finally. It sure is and I hope the trend continues too

Posted by Bobbie Smith Pocono Real Estate, 570-242-1891, (RE/MAX OF THE POCONOS) 10 months ago

Participate



(optional)
What does the graphic say?