Tannersville PA Real Estate Market Report for July 2013 in the Poconos

The Tannersville PA Real Estate Market is looking up, up in many of the important measurement tools that we use to monitor the Market.

 

AVERAGE SOLD PRICE:

 

The average sold price of homes in Tannersville PA for July 2013 was $296k, well above the July 2012 average of $126K.

 

NUMBER OF HOMES SOLD:

 

The Number of homes sold in Tannersville PA for July remained steady at 3 homes for 2013 and 2012.

 

YEAR TO DATE STATS:

 

The average sold price year to date in Tannersville PA for 2013 is $162k, down from the 2012 average of $175k. (not what we hoped to see)

 

The number of homes sold year to date in Tannersville PA for 2013 is 31 homes, nicely above the 22 sold year to date for 2012.

 

Tannersville PA Real Estate Market Report July 2013

 

More Important Statistics to Monitor in the Tannersville PA Real Estate market are:

 

Absorption Rate: has dropped to 18 months compared to 30 months last year

 

Average Days on the Market: has dropped to 107 days compared to 322 days last year

 

Pending Listings year to date: 36 for 2013 compared to 27 for 2012, a 33% jump

 

The Sale to List Price Ratio: fell to 95% from 96% last month.

 

In Summary this group of Statistics in the Tannersville PA Real Estate Market Report indicate a recovering market. Demand continues to rise while the number of competing homes continues to drop.  We are getting there, bit by bit.  We will take all the good news we can get.


It is a great time to sell your home in Tannersville PA.  Enlist the services of your Local Pocono Realtor© Bobbie Smith and together with our family owned company of RE/MAX of the Poconos we will get your home to SOLD!

Poconos Real Estate Market Report July

Poconos Real Estate Market Report June

Poconos Real Estate Market Report May

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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 8 commentsBobbie Smith • August 14 2013 05:39PM

Comments

super information to share with buyers and sellers in your area, this is certainly wonderful news!

Posted by Mark Loewenberg, KW 561-214-0370 (KW of the Palm Beaches) about 5 years ago

Bobbie, although volume is low for Tannersville PA to compare against the change in price sales is dramatic...may it be a better trend for this town.

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) about 5 years ago

Hi Mark, It is good news. Thanks for stopping by.

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

Hi Ginny, Yes it is a small amount and thank goodness it stayed the same as last year and sales did not drop

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

Thanks for the excellent update on the Tannersville PA Real Estate Market, Bobbie.

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

Hi Gabe, They offer important info for potential homesellers and homebuyers but don't match your detail, but Thanks! LOL

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

Bobbie, don't sell yourself short.  Your reports show all of the most important information that Tannersville customers need.

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

Well Thanks Gabe. I appreciate your support and a great compliment coming from you.

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

Participate