Middle Smithfield Township Real Estate Market Trends for September 2013 are here for your review and they are still showing promise into the fall. Yahoo!
AVERAGE SOLD PRICE:
The Average Sold Price of homes in Middle Smithfield Township was $112k, DOWN from $139k for September of 2012. YEAR TO DATE figures show a 12% increase, $127k for 2013 versus $114 for 2012.
NUMBER OF HOMES SOLD:
The Number of homes sold in Middle Smithfield Township for September of 2013 was 14, UP 16% from the 12 sold for September of 2012. YEAR TO DATE figures show a 19% increase, 157 for 2013 versus 132 for 2012. Good News!
Other Important Statistics to consider in the Middle Smithfield Township
Real Estate Market Report for September 2013 are:
The Average Days on the Market dropped to 260 versus 301 for September 2012.
The Sale to List Price Ratio rose to almost 99% in September, up from 96% for Aug. of 2013.
The Absorption Rate dropped to 14 months versus 18 months for September 2012
The Number of Pending homes is currently at 23 which is UP from 14 for September of 2012.
The Number of Active Listings is 230 versus 271 for September of 2012.
Middle Smithfield Township Real Estate Market Report for September 2013.
IN SUMMARY, several factors that we look at to show signs of an improving market; Absorption Rate, # of Active Listings, # of homes being sold, etc. are all heading in the direction that we look for to see signs of an improving market and they are in the Real Estate Market in Middle Smithfield Township. Overall for the Poconos, the Absorption rate continues to drop and the number of homes being sold continues to exceed last years numbers, for 11 months in a row now. We are on the “yellow brick road” to recovery, taking baby steps, but we are getting there.
These Real Estate Market Trends in the Poconos 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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