Sold homes in the Poconos by month, 2011-2013 to date

Homes Sold in the Poconos by Month for

the last 3 years, 2011 - 2013

 

When looking at the Real Estate Market Trends in the Poconos for year

after year to get an idea of where our market is going, from where we have

been, we see, as illustrated in the Chart below, that we are an improving market

in the Poconos due to the fact that the number of homes being sold on  a

monthly basis has been rising and continues to rise.  As of October 2013 the number

of homes being sold on a Monthly basis has exceeded the previous years numbers for

a full year in a row now.  That is very good news.

 

With increased demand comes a real estate market turn around, leading to a

stabilization of sold prices and then to, Finally, an increase in sold prices.


homes sold in the poconos by month

A Key Item to remember is that all Real Estate is Local.

 

Our local Real Estate Market here in the Poconos is still in a Buyer’s Market.

 

Many areas of the Country are reporting a strong Seller’s Market and that

not enough homes are on the Market for sale.

 

When you are in a Buyer’s Market, that is not the case.  A Buyer’s Market indicates

that the number of homes for sale exceeds the number of Buyers for those homes.

This is the type of market we are in in The Poconos Real Estate Market.  With the

improvements that we have seen in the Poconos Real Estate Market

over the past year however, we are hoping to at least be in

a Balanced Market sometime soon.


Sold homes in the Poconos by month for years 2011 through 2013 (to date-11/2013).

Pocono Real Estate Market Trends for October 2013

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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 • November 29 2013 06:02AM

Comments

Bobbie,  Indeed, real estate is local.  I am in a strong sellers market in my area. Prices are climbing as a result of bidding wars.  This is great for sellers and presents real challenges for buyers.  I would want to be working with a lot og buyers in your Poconos market.  

Posted by Kathleen Daniels, San Jose Homes for Sale-Probate & Trust Specialist (KD Realty - 408.972.1822) over 4 years ago

Those green bars look really strong. No doubt November and December will have good numbers too. Have a great weekend.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) over 4 years ago

Hi Kathleen, It certainly is.

Glad you have a sellers market.

Lots of buyers are what we need in our area, that's for sure.

 

 

 

 

 

 

Posted by Bobbie Smith, 570-242-1891 over 4 years ago

Hi Debbie, We sure are hoping that the trend continues. Thanks!

Posted by Bobbie Smith, 570-242-1891 over 4 years ago

As always, Bobbie, thank you for sharing this valuable information. Hopes for your continued success.

Posted by David Saks over 4 years ago

Bobbie, the 2013 market looks better and you are on the upswing in your area...finally right!

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) over 4 years ago

I find that people review homes during the Holidays to consider moving closer to their family. I try hard to be available for showings during the winter months.

Posted by Pat Braithwaite, E-Pro (Braithwaite Realty) over 4 years ago

The proof is in the pudding!

Posted by David Demangos, REALTOR (Keller Williams Realty Carmel Valley / Del Mar) over 4 years ago

Participate