Real Estate Market Trends in Tannersville PA for January 2014

The Real Estate Market Trends in Tannersville PA for January 2014

in the Poconos.  Sales were up over last year and the average

sale price is very good.

 

AVERAGE SOLD PRICE:


The average sold price of homes in Tannersville PA for January 2014 was $218k. As there were no homes sold in January of 2013 we have no data to compare this year too.

 

NUMBER OF HOMES SOLD:


The Number of homes sold in Tannersville PA for January 2014 was 2, UP from January 2013 which had 0 homes sold for the month,.

 

tannersville pa real estate market report for january 2014


More Important Statistics to Monitor in Real Estate Market Trends in Tannersville PA for January 2014 summary are:

 

  • Absorption Rate: has dropped to 18 months compared to 23 months last year

 

  • Average Days on the Market: came in at 134 days this month

 

  • Pending Listings: 7 for January 2014, up from 6 for January 2013

 

  • The Sale to List Price Ratio: approximately 94% this month.

 

  • Number of Active Listings: currently there are 82, down from 91 for January 2013

 

In Summary this review of the Statistics in the Tannersville PA Real Estate Market indicate a recovering market. Demand is up, Prices are stabilizing, The Absorption rate is down by 23% and the Active Listings are down by 10%.  A Nicely Recovering Market!

 

Real Estate Market Trends in Tannersville PA for January 2014.



It is a great time to sell your home in Tannersville PA.  Less Active Listings mean less competition for your home equaling a better chance of selling your home in a timely manner.  Enlist the services of your Poconos Realtor© Bobbie Smith and together with RE/MAX of the Poconos and our “Get your home seen everywhere Marketing,” we will get your home SOLD! Don’t miss the BEST real estate market we have seen in Tannersville PA in years! Contact me today for a FREE Market Analysis of your home in Tannersville PA.

Tannersville PA Real estate market report for December 2013

Poconos real estate market report for January 2014

Tannersville PA Real estate market report for November 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 18 commentsBobbie Smith • February 16 2014 03:36PM

Comments

Bobbie: It is good to see the absorption rate slowly dropping...hopefully the Tannersville real estate market will be balanced later this year.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) over 4 years ago

Hi there Bobbie, hope you're having a great weekend. Thanks for sharing the stats for the Tannersville real esate market - I'm betting things will heat up with the spring temperatures.

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) over 4 years ago

Good evening Bobbie,

Always like to see a recovering market..thanks for the stats on Tannerville!! I'm sure the consumers in your area like to hear the good news.

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.346.1799) over 4 years ago

Anita, Boy that would be great! A Balanced market, what is that? LOL. Thanks.

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

Hi Debb, I'll take that bet too. With the spring warm up business will start booming (if it ever warms up - LOL) Thanks.

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

Dorie, So nice to see you. Thanks for stopping by.

Consumers do love good news, epecially when it has been so many years since we had any good news to report.

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

Fine market report, Bobbie. Many thanks for sharing some great information.

Posted by David Saks over 4 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) over 4 years ago

Thank you so much for sharing these statistics and information on your local market. It is great to see how it is doing and put together extremely well.

Posted by Bruce Swedal, Denver Real Estate over 4 years ago

Bobbie, the good news in real estate is that you are progressing here in inventory and absorption rate...still a ways to go but encouraging!

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

Nice to see that your absorption rate is dropping - I know we thought it would never happen!  Now we don't have enough inventory - soon you will be experiencing that as well!  Great report, Bobbie!

Posted by Debe Maxwell, CRS, Charlotte Homes for Sale - Charlotte Neighborhoods (www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310) over 4 years ago

Thanks for the informative market report for Tannersville PA, Bobbie.  Mostly very positive news.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 4 years ago

Hi David, Thanks. Everybody loves good news and we are happy to report some.

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

Hi Bob, Thanks for stopping by. Consumers need to make an informed decision and we hope these reports help them.

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

Hi Bruce, Good news is easy to report. I hope Buyers and Sellers find the information good news too.

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

Hi Ginny, That is what it is - encouraging. After 6 years of negative, negative, negative - this news is very encouraging. Thank you.

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

Hi Debe, We thought it would never get here, you are right. Not having enough inventory is a difficult market too. Thanks for stopping by.

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

Hi Gabe, It sure is. We are recovering in baby steps but we will take it. Thanks.

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

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