Long Pond PA Real Estate Market Report for April 2014.
AVERAGE SOLD PRICE OF THOSE HOMES SOLD IN LONG POND FOR APRIL:
The Average Sold Price for April 2014 was $56k versus $99k for April 2013.
The Average sold price for Monroe County for April was $115k.
NUMBER OF HOMES SOLD IN LONG POND PA FOR APRIL:
The Number of Homes Sold for April 2014 wa 4 versus 4 for April 2013.
The Number of homes sold in Monroe County for April 2014 was 164.
YEAR TO DATE STATISTICS IN THE LONG POND PA REAL ESTATE MARKET REPORT:
The Average Sold Price Year To Date in Long Pond PA for 2014 is $105k compared to $100k for 2013 and the Number of Homes Sold Year to date is 21 versus11 for 2013.
This is in line with the overall statistics for the Poconos as the Number of Homes being sold on a monthly basis has been on the rise for the last 18 months. Demand continues to rise and that is a good thing on our Road to Recovery in the housing market in the Poconos. As demand continues to rise our prices will soon stabilize and then begin to increase gradually.
Other Important Statistics to consider in the Long Pond PA Real Estate Market Report for April 2014 in the Poconos are:
- Absorption Rate: is currently 13 months, down from 24 months for April 2013
- Active Listings: show that 87 are currently available, down from 93 for April 2013
- Pending Listings: are at 10 homes, the same as April of 2013
- Average Days on the Market: was around 317 days, up from 205 days for April 2013
- Sold to List Price Ratio: was around 86%.
Given that the number of foreclosures sold for Monroe County in April 2014 was around 40%, this number is not surprising, even if it is disturbing.
In Summary, as demand continues to rise and the number of homes available for sale continues to decrease there is less competition for your home and a greater chance of your home in Long Pond PA getting Sold. Beat the Spring/Summer rush - Get your home on the market for sale NOW! Contact your Long Pond Real Estate Agent, Bobbie Smith, right now!
There were no homes sold in the Long Pond Real Estate market for January 2014.
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: firstname.lastname@example.org
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*