Middle Smithfield Township Pa Real Estate Market Report for April 2013
In looking at the Middle Smithfield Township Real Estate Market we see that the Average Sold Price of homes was $142k, UP from $124k for April of 2012. This is good news. Not all areas of The Poconos saw their prices go up in our current Real Estate Market. Actually, very few areas saw their prices go up for the month of April.
The Number of homes sold in Middle Smithfield Township for April of 2013 was 13 which is down from the 19 sold for April of 2012. We see that the year to date number of homes sold in Middle Smithfield Township WENT UP to 62 homes for 2013 versus 54 for year to date in 2012. This trend is following the Monroe County averages, which is a good thing. With increased demand comes an increase in prices and we are all anxiously awaiting that to happen.
Other important Statistics to consider in the Middle Smithfield Township PA Real Estate Market Report for April 2013 are:
The Average Days on the Market has gone up to 300 versus 237 for April 2012.
The Sale to List Price Ratio dropped to 90% in April, down from 94% for March of 2013.
The Absorption Rate has been on a continual drop since July of 2012 with a high of 20 months and is now down to 12 months.
It is still a Buyer’s Market in Middle Smithfield Township. We would need to see the Absorption Rate be around 6 months to have a balanced market.
The Number of Pending homes is currently at 27 which is UP from 12 for April of 2012.
The Number of Active Listings is 354 versus 393 for April of 2012.
Middle Smithfield Township Pa Real Estate Market Report for April 2013.
All these Pocono Real Estate Market Trends tell us that it is a Great Time to sell your home in Middle Smithfield Township. Enlist the services of your Local Pocono Realtor, Bobbie Smith! Call today for a FREE MARKET ANALYSIS.
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)
Email me now: email@example.com
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