Tannersville PA Real Estate Market Report - April 2014
The Tannersville Real Estate Market is doing very well. All the Numbers that we look for to review the Market are all headed in the right direction.
- The Average Sold Price only dropped .04 percent - Not Bad
- The Number of Homes being sold continues to rise - Yahoo
- The Absorption Rate continues to drop - Very Nice
- The Number of Active Listings continues to drop - Excellent
- The Number of Homes Pending keeps going strong on the upward path - Fantastic
With the average sold price holding steady for the Month it is great to see that no homes under $100,000 were sold in the Tannersville PA Real Estate Market Report. Within the price range of $100,000 to $200,000, 4 homes were sold. Within the price range of $200,000 to $300,000, 2 homes were sold.
With fewer homes on the market for sale, there is less competition for your home for sale in Tannersville.
We would like to be in a Balanced Market in Tannersville PA which would require an Absorption Rate of 6 months and although the current Absorption Rate is 16 Months, it is still much better than the Absorption Rate of last year which was 22 months.
It's all good and improving in the Tannersville PA Real Estate Market Report - April 2014.
*Originally posted at www.homesinthepoconosforsale.com
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*