Effort PA Real Estate Market Report for February 2014 in the Poconos

Here is the Effort PA Real Estate Market Report for February 2014 in the Poconos.

The number of homes being sold is up again but the average sold price dropped. Bummer.

 

 

Effort pa real estate market report for february 2014

 

AVERAGE SOLD PRICE OF HOMES:

 

The Average Sold Price for homes sold in Effort PA was $111K for February versus $154k for February 2013. There are still bargains to be had by savvy Buyers.

 

NUMBER OF HOMES SOLD FOR THE MONTH:

 

The Number of Homes Sold in Effort PA for February was 7 versus 5 for February 2013. Home sales have been on the rise for 16 months in a row now throughout Monroe County.

 

YEAR TO DATE STATISTICS:

 

The Average Sold Price YTD in Effort PA for 2014 is $110k, DOWN from $138k for 2013 and the Number of Homes sold YTD in Effort PA for 2014 is 12, same as YTD 2013.

 

Other Important Statistics to consider in the Effort PA Real Estate Market

Report for February 2014 are:

 

  • The Absorption Rate is at 10 months
  • The Sale To List Price Ratio was around 94%
  • The Number of Active listings rose to 75 from 68 for February 2013
  • The Average Days On The Market was around 102 days for February
  • The Number of Pending homes is at 14

 

 

In Summary we see that there are still positive signs of recovery in the Effort PA Real Estate Market Report for the month. We need to see the Absorption Rate drop to 6 months to have a balanced market. The Poconos real estate market has seen a steady incline in the number of homes being sold for 16 months in a row now. That is very good news!  Prices of homes sold for 2013 stayed at the same average as the sold prices for 2012 and that is good news too.


Are you thinking of selling your home in Effort PA? Enlist the Services of your Effort PA Real Estate Agent, Bobbie Smith, and take advantage of the Best Market that the Poconos has seen in years.  Selling your Home in Effort PA is possible with the Right Marketing and the Right Realtor®

Effort PA Real Estate Market Report for January 2014

Poconos Real Estate Market Report for February 2014

Effort PA 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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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 22 commentsBobbie Smith • March 27 2014 05:32AM

Comments

Bobbie, The weather has to be a big factor in the market for this year. I know it will improve when the weather turns into real spring.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) over 4 years ago

Hi Bobbie I agree with Debbie, we face some of the same issues here in Chicago Land. Soon it will change as the weather breaks.

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

Hello Bobbie,  I am in hopes that both prices and number of homes will increase now that spring is almost in your area.

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

Thankful we had a warm and dry winter which probably had a lot to do with a good winter real estate market.   Your new hair style looks good Bobbie.

Posted by John McCormack, CRS, Honesty, Integrity, Results, Experienced. HIRE Me! (Albuquerque Homes Realty) over 4 years ago

An exciting take on the market with this report and love the statistics. You know the area and anyone thinking of buying or selling there should call you.

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

Bobbie: A very clear and concise real estate market report that Effort PA consumers will appreciate.  Like John, I really like your new profile photo!

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

Thanks Debbie. I agree. 20 to 30 degrees below normal keeps people indoors. Thanks.

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

Noah, Thanks. So true. When the weather is nice the phone rings and people come out.

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

We are almost there Will but as you know, being a vacation area, we need nice weather to bring more people in. Thanks.

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

Hi John, Last winter was mild and we had a steady season. Just the opposite this winter.

Thanks. I keep getting shorter and shorter.

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

Bruce, Thank you. You need to be an informed consumer so I hope this helps.

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

Thanks Anita. Needed a pic that looked more like the real me than my last one. (hate it shows my age)

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

Love the new picture, Bobbie.  And thanks for the Effort PA Real Estate Market Report.

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 Gabe, Thank you. Not sure I like the close up so I backed it up a bit.

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

Love the approach you take and the insight to the market that you provide in your market reports. Great information that any area buyer seller would love having. They should definitely give you a call.

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

Bobbie, you know your local PA real estate and share so well for home buyers and sellers...like the new pic!

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

Hi Bobbie, these are great numbers and an easy to read market report. I hope you receive lots of clicks and leads from it!

Posted by Karen Johnson, Realtor, ABR, "Bucks County PA Homes" (Addison Wolfe Real Estate ) over 4 years ago

HiBruce,

Thank you. I try to keep it sweet and simple, yet informative.

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

Hi Ginny, Thanks os much for the support.

I'd like to use my 2002 pic but I don't look like that too much anymore. LOL. Thanks.

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

Hi Karen, I hope consumers find the information useful. Thanks.

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

Bobbie - Thanks for the detailed great data on Effort, Pennsylvania real estate market report for February 2014 in the Poconos.

Posted by John Pusa, Your All Time Realtor With Exceptional Service (Berkshire Hathaway Home Services Crest) over 4 years ago

Hi John, Thanks for stoppin by.

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

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