Real Estate Market Trends in Tannersville PA for February 2014

Real Estate Market Trends in Tannersville PA for February 2014 in the Poconos.  The Number Sold for the month was UP and the Average Sold Price of those homes was UP.  WOW!  This is good news.

 

tannersville pa real estate market report

 

AVERAGE SOLD PRICE:

 

The average sold price of homes in Tannersville PA for February 2014 was $134k UP 9% from $123k for February 2013. Good News!

 

NUMBER OF HOMES SOLD:

 

The Number of homes sold in Tannersville PA for February 2014 was 7, UP 40% from 5 for February 2013. More Good News!

 

YEAR TO DATE STATS:

 

The Average Sold Price year to date for 2014 in Tannersville PA is $153k, UP 24% from $123k for 2013. VERY NICE!

 

The Number of Homes Sold year to date in Tannersville PA for 2014 is 9 homes, UP 80% from 5 for 2013. We are on a Roll in Pocono Real Estate.

 

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

 

  • Absorption Rate: has dropped to 18 months compared to 24 months last year

 

  • Average Days on the Market: came in at 189 days this month

 

  • Pending Listings: 10 for February 2014, up from 2 for February 2013

 

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

 

  • Number of Active Listings: currently there are 89, down from 92 for February 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 7%.  A Nicely Recovering Market!

 

 

Real Estate Market Trends in Tannersville PA for February 2014.



It is a great time to sell your home in Tannersville PA.  Fewer homes for sale means less competition for your home equaling a better chance of selling your home in Tannersville PA. When looking for a Real Estate Agent in Tannersville PA give Bobbie and RE/MAX of the Poconos a call for a FREE Market Analysis and getting your home found everywhere online.

Tannersville PA Real Estate Market Trends for January 2014

Tannersville PA Real Estate Market Trends for December 2013

Poconos Real Estate Market Trends for February 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 9 commentsBobbie Smith • March 22 2014 06:06AM

Comments

Love your detailed report on the areas real estate market. Any buyer or seller in the neighborhood should defintely call you.

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

Hi Bobbie, nice Tannersville report. all your stats point to continued success in 2014.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 4 years ago

Fine report. Keep up the great work and the good news coming.

Posted by David Saks over 4 years ago

  That is Great News Bobbie, Things are going to be great for you this year.  Have a great job!

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) over 4 years ago

Hi Bruce, Hopefully consumers will find the report very informative and helpful. Thanks.

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

Hi Noah, I sure hope you are right. We need these trends to continue. Thanks.

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

David, Good news we love to see and report. Thanks.

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

Hi Will, 2014 should be our best in years for sure.

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

Bobbie, thanks for the Tannersville PA market update.  I especially like to read about good 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

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