Here is a review of the Market Summary for Jackson Township PA for the year to date, up to Aug. 31, 2012
As we take a look at the NUMBER OF LISTINGS in the chart below we do see that the Number of Active Listings greatly outweigh the number of Pended and Sold listings. This signifies a Buyers’ Market. Notice the only month that was really slow for pended listings was February, otherwise this Township had a relatively stable year for Pended and Sold homes. Which month do you think you would have had the least amount of competition for selling your home?
Next we’ll take a look at the LISTING PRICES of those Active, Pended, and Sold listings from the chart above. We see that the Average List Price is still quite a bit above the Average Pended and the Average Sold List price. This signifies that Sellers’ are still not listing their homes at Market Value and that our prices continue to drop.
As we look at the next chart which covers the ABSORPTION RATE for Jackson Township we see that the Rate continues to drop, which is a good thing. Most likely however, this Rate is dropping due to many Sellers not putting their homes back on the Market.
Lastly let’s look at the SALE TO LIST PRICE RATIO for the homes sold year to date. The ideal number here is around 97%. Notice how October, February, and June hit the mark but the other
months did not. Interesting!
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)
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