Real Estate Market Report in Pocono Pines PA - October 2014

Poconos Pines PA Real Estate Market Report - October 2014

 

Great News in the Pocono Pines Real Estate Market this Month. The Average Sold

Price went up 58% and the Number of Homes sold went up 45.5%. WHOA!

Those are some "Fantabulous" Figures.

pocono pines pa real estate market report - october 2014

 

AVERAGE SOLD PRICE IN POCONO PINES:

 

The Average Sold Price in Pocono Pines for October 2014 was $411k, UP 58% from $261k for October 2013 and UP from $308k for September 2014,  A very nice rise Indeed!!

 

The Average Sold Price for Monroe County for October was $137k

 

NUMBER OF HOMES SOLD IN POCONO PINES:

 

The Number of Homes Sold in Pocono Pines for October 2014 was 16, UP from 14 in September and UP 45.5% from 11 in October 2013.  Great to see this Local market is following the County wide trend.

 

The Number of Homes Sold in Monroe County for October was 267.

 

YEAR TO DATE STATISTICS FOR POCONO PINES 2014:

 

The Average Sold Price in the Pocono Pines PA Real Estate Market Report for 2014 is $289k UP 8% from $267k for YTD 2013.

 

The Average Sold Price year to date in Monroe County is $132k.

 

The Number of Homes Sold in the Pocono Pines PA Real Estate Market Report for 2014 is at 92 homes, UP 5.7% from 87 for year to date 2013.

 

 

The Number of Homes Sold for the County YTD 2014 is 2012.

 

Other Important Statistics to consider when reviewing the Pocono Pines PA Real Estate Market Report for September 2014 are:

 

Absorption Rate: 22 months. That is high. County average is 13 months.

 

Number of Pending Homes: 7

 

Sale to List Price Ratio: was around 94%. We’d like to see 97% or more.

 

Number of Active Listings: 188

 

It is still the Best Real Estate Market the Poconos has seen in several years.

 

Looking for a Pocono Pines PA Real Estate Agent? Give Bobbie Smith a call for an Interview. Discover the Value that you will receive when you put our Experience and Marketing to work for you.

 

Poconos Real Estate Market Report - October 2014

 

Pocono Pines PA Real Estate Market Report - September 2014

Pocono Pines PA Real Estate Market Report - August 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 11 commentsBobbie Smith • November 15 2014 05:27AM

Comments

Hi Bobby, well done Pocono Pines PA Market report. Contact Bobbie Smith for more information on buying or selling, a true professional.

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

WHOA is right, Bobbie! The Pocono Pines PA real estate market is not only going strong but excelling during the autumn selling season.

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

Hi Bobbie

Thank you for the info on the Pocono market.  I widh you well selling the area.

 

Posted by Elite Home Sales Team, A Tenacious and Skilled Real Estate Team (Elite Home Sales Team OC) almost 4 years ago

Bobbie

The October 2014 real estate market report for Pocono Pines Pennsylvania show the real estate market being steady.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) almost 4 years ago

Bobbie, other than the absorption rate, it all looks positive for the Pocono Pines 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) almost 4 years ago

Thanks Noah. Market reports are there to give you an idea of your Local real estate market if you are thinking of selling your home in the Poconos

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

Thanks Anita, LOL. With Pocono Pines having some of our highest value resale homes it has been disappointing to see it be less than what it can be but October was worth a second look.

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

Hello Elite. Thanks for the support.

Hi Lou, It was a great month for real estate in Pocono Pines

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

Hi Gabe, Thanks. Our absorption rate is just awful.

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

Glad to see those numbers are on the rise. Hope all is well with you and your husband is doing better.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) almost 4 years ago

Bobbie, great market report for Pocono Pines, and sure nice to see POSITIVE stats!  

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) almost 4 years ago

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