RIDING THE REAL ESTATE ROLLER COASTER IN THE POCONOS OF PENNSYLVANIA

Riding the Real Estate Roller Coaster In The Poconos of Pennsylvania is not over yet.

The Pocono Mountain Region encompasses parts of four (4) Counties in Pennsylvania.  Monroe, Carbon, Pike, and Wayne. Primarily I cover Monroe County and parts of Carbon County.

 As you can see from the following Graphic our Roller Coaster ride is not over yet.  Our prices continue to fall, unlike many areas of the Nation where their prices are either starting to stabilize or have stabilized.  This Market Trend Report for Monroe County is done as a follow-up with local data to the Graphic that can be found at "Riding The Trillion-Dollar Real Estate Roller Coaster."  NOTE: The Data is actually 11 year data and not 10 year data as the graphic states.

Ten year real estate market trends

The GOOD NEWS when you look at these Market Trends is that at least the Number of Homes Sold for 2010 and 2011 were about the same.  Hopefully, 2012 will be up from these numbers.

As the demand goes up, the prices will start to stabilize and then once stabilized they will begin to climb again.

We are all anxiously awaiting that date.  Just stabilizing would be a welcome change to our market area.

 

 

 

 

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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    

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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. 

2 comments • Bobbie Smith Pocono Real Estate, 570-242-1891, • October 09 2012 03:16PM

Comments

Bobbie, like you so many are riding the roller coaster theme....is this a blog challenge of the way of the times?

Posted by Ellen Caruso (Daniel Gale Sotheby's International Realty) 8 months ago

Hi Ellen, Yes, this is my post to the challenge.

Posted by Bobbie Smith Pocono Real Estate, 570-242-1891, (RE/MAX OF THE POCONOS) 8 months ago

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