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.
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.
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)
Email me now: email@example.com
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