Tannersville PA Real Estate Market Report - September 2014

Tannersville PA Real Estate Market Report -  September 2014

 

Tannersville PA Real Estate Market Report - September 2014



AVERAGE SOLD PRICE OF HOMES IN TANNERSVILLE:

 

The Average Sold Price of homes in Tannersville PA for September 2014 was $138k DOWN 22% from $178k for September 2013. Not Good News!

 

NUMBER OF HOMES SOLD IN TANNERSVILLE:

 

The Number of homes sold in Tannersville PA for September 2014 was 2, DOWN 50% from 4 for September 2013.

 

YEAR TO DATE STATS FOR TANNERSVILLE PA:

 

The Average Sold Price year to date for 2014 in Tannersville PA is $151k, DOWN 7.5% from $163k for 2013.

 

The number of Homes Sold year to date in Tannersville PA for 2014 is 48 homes, UP 20% from 40 for 2013.

 

More Important Statistics to consider in the Tannersville PA Real Estate Market Report for September 2014 are:

 

  • Absorption Rate: 17 months

 

  • Average Days on the Market: came in at 178 days this month

 

  • Pending Listings: 8, up by 60% from Sept. 2013

 

  • The Sale to List Price Ratio: approximately 87% this month.

 

  • Number of Active Listings: currently there are 94

 

Tannersville PA Real Estate market report - September 2014

 

In Summary, this review of the Statistics in the Tannersville PA Real Estate Market indicate a recovering market. Demand is up, Pending homes are up, The Absorption rate is down by 30% and the Active Listings are down.  To be in a Balanced Real Estate Market the Absorption Rate needs to be around 6 months.  For 23 months in a row the demand has been on the Increase and the Number of Homes for sale has been on the Decrease. All Key Indicators of a Recovering Market!



It is a great time to sell your home in Tannersville PA.  Fewer homes for sale means less competition for your home equaling a better chance of selling your home in Tannersville PA. When looking for a Real Estate Agent in Tannersville PA give Bobbie and RE/MAX of the Poconos a call for a FREE Market Analysis and getting your home found everywhere online.

 

Pocono Real Estate Market Report - September 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    

Search the Pocono MLS for a home

RE/MAX OF THE POCONOS

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 6 commentsBobbie Smith • October 12 2014 12:52PM

Comments

 Hello Bobbie,  i love the look of your report, you do a great job, keep it up.

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) over 3 years ago

Bobbie: Very colorful display with plenty of good real estate information for all Tannersville buyers and sellers to peruse.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) over 3 years ago

Good afternoon Bobbie Smith.  You have provided a very informative and colorful description of your area real estate market. 

We hope you have enjoyed a great weekend.  Windy here today.......

Posted by John McCormack, AlbuquerqueHomes.com, Albuquerque Homes Realty (Albuquerque Homes Realty * www.AlbuquerqueHomes.com) over 3 years ago

Love the new look for your Tannersville PA real estate update, Bobbie.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 3 years ago

Hi Bobbie, i like how you personalize your Tannersville PA Real Estate Market Report. There is good news and not so good news but I see you providing clients with all the information they need to see your expertise and enthusiasm.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 3 years ago

bobbie, Tannersville PA is undergoing housing pains right now and I hope it turns around...Home sellers would be wise to call you for their real estate needs.

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 3 years ago

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