Real Estate Market Trends in East Stroudsburg PA for January 2014

Real Estate Market Trends in East Stroudsburg PA for January 2014 in the Poconos is summarized below for your review.

Demand is UP, prices are UP, and pending sales are booming!

 

 


The Average Sold Price of homes sold in East Stroudsburg PA for January was $117k, UP 8% from $109k for January 2013. Great News!



The Number of homes sold in East Stroudsburg PA for January was 36,  UP 6% from 34 sold for January 2013.  Good News!.

 


east stroudsburg pa real estate market report for january 2014

 

Other Important Statistics to consider in the Real Estate Market Trends in East Stroudsburg PA for January 2014 in the Poconos are:

 

  • The Average Days on the Market dropped to 102

 

  • The Sale to List Price Ratio was around 93%.

 

  • The Absorption Rate dropped to 9 months versus 14 months for January 2013. This is indicative of a Buyer’s Market. A balanced market would be 6 months.

 

  • The Number of Pending homes is currently at 59, UP from 37 for January 2013.

 

  • The Number of Active Listings dropped to 386 versus 463 for January 2013.

 

In Summary, all these Statistics show that we are still in a Buyer’s Market in East Stroudsburg PA however the improvements shown above tell us that we are doing well on the road to recovery in East Stroudsburg and hopefully these trends will continue. For 15 months in a row the Number of Homes being sold in the Poconos has been on the rise and exceeded last years numbers.  This is the BEST market we have seen in the Poconos for years! Take advantage of it!

 

Real Estate Market Trends in East Stroudsburg PA for January 2014.

 

These East Stroudsburg Real Estate Market Trends tell us that it is a Great Time to sell your home in East Stroudsburg PA. Enlist the services of your East Stroudsburg PA Real Estate Agent, Bobbie Smith, Certified Residential Specialist.  Call today for a FREE MARKET ANALYSIS and learn about the team effort that goes to work for you.  Get More for your MONEY when you list with us!

 

East stroudsburg pa real estate market report for december 2013

Poconos real estate market report for January 2014

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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 11 commentsBobbie Smith • February 20 2014 04:42AM

Comments

Bobbie, nothing but positive trends for the East Stroudsburg PA market.  Very encouraging.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) almost 5 years ago

Hello Bobbie,  glad hear about the market report for this year vs last year.   Hope your snow is over for the year.

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) almost 5 years ago

Fine report, Bobbie. Thanks for sharing. Have a great day ahead.

Posted by David Saks almost 5 years ago

Bobbie: No one does a better job of getting quality real estate information out to Poconos consumers. Another very nice and informative report.

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

ALways good to see other markets doing well Bobbie...seems like the Poconos are pulling out of the pit... Also, why can you post pictures today and I can not...AR can not figure it out...I am so frustrated ... have a productive weekend.

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

Hi Gabe, It is so good to see all these positive numbers. Thank you.

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

Hi Will, Thanks. We hope so too. 51+inches of snow is more than enough.

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

Hi David, It was a sweet pleasure to post this positive report. Thanks.

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

Hi Anita, Thanks. I learned from one of the best - You!

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

Hi Ginny, It is great to be coming out of the "pit"

Don't undertand the pic problem. I did not have any trouble other than the screens to do the work were all blank but I just clicked on them anyway and they moved forward.

There are numerous "glitches" going on right now. Half the comments I received were not in my feed so I did not know, as well as other things.

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

This is good information for prospective home buyers and home sellers.

Have a great day and an outstanding weekend.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) almost 5 years ago

Participate