Pocono Summit PA 18346 Market Summary for Dec. & YTD 2012

The Pocono Summit PA 18346 Market Summary for December and Year To Date 2012 is depicted in the charts and summary below.

In reviewing the Average Prices for the Pocono Summit PA 18346 Market Summary we see that December’s Average List Price was up for the month however the Average Sold Price for the month was down when compared to 2011.  

When comparing the Average prices for the year 2012 in the Pocono Summit Pa 18346 Market Summary we see that the Average List Price stayed close to last year and that the Average Sold Price for the year was UP, which is a wonderful thing to see since Sold prices overall for Monroe County for 2012 were down by 4%.

Average prices in the Pocono Summit Market Summary for 2012

In reviewing the Number Of Homes Sold in the Pocono Summit PA 18346 Real Estate Market Summary we see that the number for December went UP and we see that the Number of Homes sold for the year in total went UP also.  WooHoot! Great News! With increased demand follows many great things in Real Estate.

Sold Homes in Pocono Summit PA for 2012

Lastly let’s take a look at the Absorption Rate for this Market.  This can give us a guide for what time of market we are in and how sales are flowing.  We see that for 2012 the Absorption rate is 25 months whereas the Absorption Rate for 2011 was 17 months.  Still very much a Buyers Market in the Pocono Summit PA 18346 Market Summary.

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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    

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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. *Realtor is a registered trademark of NAR*

Comment balloon 6 commentsBobbie Smith • January 21 2013 02:42PM

Comments

Bobbie: A very good analysis of the Pocono Summit PA real estate market.  Your explanation of the chart data is easy to follow too!

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) over 5 years ago

Hi Bobbie,

I like your analysis of the Pocono Summit PA real estate market! Very informative for your residents looking to buy or sell!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.346.1799) over 5 years ago

Good to see that the yearly numbers for the Summit area of the Poconos is going in the right direction.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 5 years ago

Hi Anita, Thank you. I try to explain the details in a way that anyone can understand the points I am trying to make. I hope they come across OK

Posted by Bobbie Smith, 570-242-1891 over 5 years ago

Hi Dorie, Thank you. I appreciate you stopping by. Hopefully this helps residents to understand our market.

Posted by Bobbie Smith, 570-242-1891 over 5 years ago

Morning Gabe, Thank you. At least for the number of homes being sold we finally are. Hopefully prices are soon to show positive numbers too.

Posted by Bobbie Smith, 570-242-1891 over 5 years ago

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