Real Estate Market Report in Long Pond PA - September 2014.
Good News! Ten homes sold for the Month at an Average Sale Price of $112,000.
AVERAGE SOLD PRICE FOR SEPTEMBER IN LONG POND:
↓The Average Sold Price for September 2014 was $112k, up from $105k for August but down from $138k for September 2013.
The Average sold price for Monroe County for September was $143k.
NUMBER OF HOMES SOLD IN LONG POND PA FOR SEPTEMBER:
↑The Number of Homes Sold for September 2014 was 10, up one from 9 for August and up from 8 for September 2013, 5 of them were foreclosures. That’s 50% of the sales for the Month. The foreclosure rate in the Long Pond PA Real Estate Market is still way too high.
The Number of homes sold in Monroe County for September 2014 was 224, UP 27% from last year.
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 $100k compared to $115k for 2013, THATS DOWN 12.63% - NOT GOOD, NOT GOOD AT ALL.
↑The Number of Homes Sold Year to date in Long Pond PA is 63 versus 57 for 2013. GOOD NEWS. Maybe all these foreclosures will finally get sold and we will begin selling the Non-foreclosure homes for sale AND improve the Average Sold Price in the Long Pond PA Real Estate Market Report
Other Important Statistics to consider in the Real Estate Market Report in Long Pond PA for September 2014 are:
Absorption Rate: 18 months compared to 14 months for Monroe County overall
Active Listings: 112, up by 18%
Pending Listings: 21 compared to 11 for August and up from 7 for last September - UP is Very Good
Average Days on the Market: 74 days which is a very good number
Sold to List Price Ratio: rose to 92%, more good news
This Real Estate Market in Long Pond Pa is the Best Real Estate Market that we have seen in years and still has plenty of room for improvement. Contact your Long Pond Real Estate Agent, Bobbie Smith, and get your home on the Market for Sale 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: 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*