The Real Estate Market Report in Henryville PA for October in the Poconos is out for your review. Demand is staying steady and sold prices for the month were up! WooHoo!
AVERAGE SOLD PRICE:
The Average Sold Price for homes sold in Henryville PA was $145K for October versus $119k for October 2012. Great News!
NUMBER OF HOMES SOLD:
The Number of Homes Sold in Henryville PA for October was 3 versus 3 for October 2012. Good to see this number stay the same and not drop.
YEAR TO DATE STATISTICS:
The Average Sold Price YTD in Henryville PA for 2013 is $134k versus $164k for 2012 and the Number of Homes sold YTD in Henryville PA for 2013 is 27, UP 68% from 16 for YTD 2012.
Other Important Statistics to consider in the Henryville PA Real Estate Market Summary for October 2013 are:
The Absorption Rate for October dropped to 12 months versus 30 months for October 2012
The Sale To List Price Ratio was at 95% in October.
The Number of Pending homes rose to 4 for October 2013 versus 3 for October 2012.
The Number of Active listings dropped to 33 for October 2013 versus 48 for October 2012..
The Average Days On The Market rose to 210 for October 2013 versus 109 for October 2012.
In Summary we see that the demand is staying steady in the Henryville PA Real Estate Market. As long as demand continues to stay strong prices will soon begin to stabilize and then begin to rise. We need to see the Absorption Rate drop to 6 months to have a balanced market. At this time we are still in a Buyer’s Market throughout the Pocono Region. The Poconos real estate market has seen a steady incline in the number of homes being sold for 12 months in a row now. That is very good news! That’s the first time in years.
Are you thinking of selling your home in Henryville PA? Enlist the Services of your Local Poconos Realtor©, Bobbie Smith, and take advantage of the Best Market that the Poconos has seen in year.
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
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*