Effort PA Real Estate Market Report - August 2014
It’s a pleasure to report on the Real Estate Market in Effort this Month as it is one of very few that actually had some positive numbers to report, thank goodness.
AVERAGE SOLD PRICE:
The Average Sold Price for homes sold in Effort PA was $148K, UP 16% from $127k for August 2013. GOOD NEWS!
NUMBER OF HOMES SOLD:
The Number of Homes Sold in Effort PA was 13, UP 62% from 8 for August 2013 AND around 16% of those available for sale at this time. GOOD NEWS!
YEAR TO DATE STATISTICS:
The Average Sold Price YTD for 2014 in Effort PA is $136k, UP 6% from $128k for 2013 and The Number of Homes sold YTD for 2014 is 70, UP 27% from 55 for YTD 2013.
Other Important Statistics to consider in the Effort PA Real Estate Market Report are:
The Absorption Rate dropped to 9.5 months. Good!
The Sale To List Price Ratio dropped to 96%.
The Number of Pending homes rose to 18 versus 11 from August 2013. Good!
The Number of Active Listings dropped by 15% to 80. Good!
The Average Days On The Market rose to 262 from 172 for August 2013.
In Summary we see that the demand is still staying strong in the Effort PA Real Estate Market with the number of homes being sold on a monthly basis continuing to rise each month and with the Average Sold Price for the Year being up by 6%, indicating the overall, the Effort PA Real Estate Market is a VERY GOOD real estate market right now! One of the best in the area.
Enlist the Services of your Effort PA Realtor©, Bobbie Smith, and take advantage of the Best Market that Effort PA has seen in years. Give me a Call Right Now!
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
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*