Real Estate Market Report for Stroudsburg PA - July 2014

Real Estate Market Report for Stroudsburg PA - July 2014.

 

The Stroudsburg Real Estate Market for July saw the Number of Homes being sold DROP from last July however, Sold Prices ROSE 8.7% FOR THE MONTH, making the Average Sold Price for the Year, DOWN 4.2%. Not good news.  

 

Foreclosures accounted for 35% of the homes sold for July, County wide.  Details of the Stroudsburg Real Estate Market are given below.

 

stroudsburg pa real estate market report - july 2014

 

AVERAGE SOLD PRICE:

 

The Average Sold Price of homes sold in Stroudsburg PA for July was $194k,                      UP from $179k for July 2013.

 

NUMBER OF HOMES SOLD:

 

The Number of Homes sold in Stroudsburg PA for July was 22,  DOWN from July 2013.

 

YEAR TO DATE STATS IN THE STROUDSBURG PA REAL ESTATE MARKET REPORT:

 

The Number of Homes sold year to date in Stroudsburg PA is 135, UP 7% from the 126 sold for 2013.

 

The Average Sold Price year to date in Stroudsburg PA is $164k, DOWN 4.2% from $171k for 2013.

 

Other Important Statistics to consider in the Real Estate Market Report for Stroudsburg PA in July 2014 are:

 

The Average Days on the Market was 143

 

The Sale to List Price Ratio dropped greatly to 94.5%

 

The Absorption Rate is around 9 months.

 

The Number of Pending homes is currently at 35, versus 16 for last July

 

The Number of Active Listings dropped 8% to 18 versus 205 for last July

 

In Summary,  these Statistics show that we are still in a Buyer’s Market in Stroudsburg PA however we are very close to being in a Balanced Real Estate Market in Stroudsburg PA. A Balanced market would have an Absorption rate of 6 months.

 

IT IS A GREAT TIME TO SELL YOUR HOME IN STROUDSBURG PA. Don’t miss out on the Best Real Estate Market that Stroudsburg has seen in years. Call your local Stroudsburg Real Estate Agent, Bobbie Smith, today to get your home on the market for sale in this Great Market.

 

Real Estate Market Report in Stroudsburg PA - July 2014.

 

Real Estate Market Report in Stroudsburg PA - June 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 12 commentsBobbie Smith • August 11 2014 04:40AM

Comments

Good morning Bobbie,

Good report to let your consumers know the market is slowly getting better and on your way to a balanced market. Good job and thanks for getting the news out there!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker United Realtors® ~ 512.346.1799) about 4 years ago

Great information for all. Have a fine day and a terrific week ahead.

Posted by David Saks about 4 years ago

If you are looking for an outstanding REALTOR® to assist you with your Stroudsburg real estate needs contact Agent Bobbie Smith.  Put her experience to work for you today!

Posted by John McCormack, AlbuquerqueHomes.com, Albuquerque Homes Realty (Albuquerque Homes Realty * www.AlbuquerqueHomes.com) about 4 years ago

Well done Stroudsburg PA Market report Bobbie. Your expertise and professionalism truly shines

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

No agent does a better job of keeping Stroudsburg PA consumers updated on the local real estate market. Well done, Bobbie.

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

Good morning Bobbie.  Thanks for the comprehensive and accurate update for the Stroudsburg PA real estate market.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 4 years ago

Hi Dorie, Thanks for stopping by.

We love the public to be informed Consumers and this report should help.

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

Hi David,

Thanks. Same to you.

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

Hi John,

You're too kind. Thanks so much for the support.

You and Debbie are the BEST!

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

Hi Noah, Thanks. I appreciate the support.

Love your new profile pic!

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

Thanks Anita! I appreciate you stopping by!

A wise Consumer is an informed Consumer and this report should help those in the real estate market in Stroudsburg PA. Thanks.

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

Hi Gabe, Thanks so  much.

I appreciate you stopping by and offering your support.

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

Participate