Pocono Pines PA Real Estate Market Report for December 2013 in the Poconos

Poconos Pines PA Real Estate Market Report for December 2013 and year to date in the Poconos is summarized below for your review.  December was not as busy as

November was however demand is still up by 15% over last year.

 

AVERAGE SOLD PRICE IN POCONO PINES:


The Average Sold Price in Pocono Pines for December 2013 was $182k, DOWN 9.5% from $202K for December 2012.

 

NUMBER OF HOMES SOLD IN POCONO PINES:


The Number of Homes Sold in Pocono Pines for December 2013 was 5, DOWN from 9 for  December 2012.  


YEAR TO DATE STATISTICS FOR POCONO PINES 2013:


The Average Sold Price in the Pocono Pines PA Real Estate Market for 2013 is $264k, down 2% from $269k for 2012. Monroe County overall showed no price drop for 2013, prices stayed the same.


The Number of Homes Sold in the Pocono Pines PA Real Estate Market for 2013 is 101, up 15% from 88 for 2012. Very Good News! Demand in Monroe County rose by 20% for 2013.


The number of homes being sold in Monroe County in the Poconos has been on the increase for 14 months in a row now. This is so wonderful to see as we have been waiting for this for a long time. As the demand continues to stay strong we anticipate moving from a Buyers Market to a Balanced Market. The sooner the better!

 

pocono pines pa real estate market report for december 2013


Other Important Statistics to consider when reviewing the Pocono Pines PA Real Estate Market Report for December 2013 in the Poconos of PA are:

 

  • Absorption Rate: 17 months, down 28% from 24 months for December 2012
  • Number of Pending Homes: 5 for December versus 2 for December 2012
  • Sale to List Price Ratio: was 93% for December
  • Number of Active Listings: 150 for December 2013 versus 158 for December 2012

 

All these market statistics for Pocono Pines PA tell us that it is a great time to sell your home in Pocono Pines PA while demand is still up and the number of homes available for sale is down.  There will be less competition for your home, giving you a great opportunity to find that “right” buyer for your home. Let’s get you started TODAY! Call me.


It is a great time to sell your home in Pocono Pines PA.  Enlist the services of your Local Pocono Realtor© Bobbie Smith and together with the “team” power of RE/MAX of the Poconos and our Awesome Marketing Plan, we can get your home to SOLD!

Pocono Pines real estate market report for november 2013

Pocono Real estate market report for December 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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RE/MAX OF THE POCONOS

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 • January 29 2014 05:27AM

Comments

Well Bobbie, although the market is down like one of mine the opportunities exist in Pocono Pines to still get a great real estate market buy!

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

Bobbie: Encouraging news that the number of homes sold has been on the rise for over a year in Pocono Pines...it won't be long before the prices rise too.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) almost 5 years ago

Bobbie, You make it very easy to understand what is happening in Pocono Pines. As always, this is good information.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) almost 5 years ago

That's right Ginny. When the market is down, that is the best time to buy! Thanks.

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

That is what we are hoping for Anita. Prices to rise as the number of homes being sold has done. Fingers and toes crossed. Thanks!

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

Hi Debbie, Thanks so much. I hope it is not confusing to the consumer.

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

Great information on your local market.

 

Thank you for sharing this important information about the Real Estate market in your area!

Posted by Bob Baesmann, DFW Team Realty | 972-978-8800 ( DFW Team Realty) almost 5 years ago

Hi Bob,

Thank you for stopping by. Appreciate the support.

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

Participate