Real Estate Market Report in Effort PA - NOV 2014

Effort PA Real Estate Market Report - November 2014

 

It’s a pleasure to report on the Real Estate Market in Effort this Month as it is has some Wonderful Statistics to report AGAIN this Month. I believe that now makes three months in a row, all their Statistics were positive! One of the few areas to see their average sale price rise for the year. YEAH!

 Effort PA Real Estate Market Report - November 2014

AVERAGE SOLD PRICE:

 

The Average Sold Price for homes sold in Effort PA was $115K, DOWN 30% from $167k for November 2013.

 

Foreclosures accounted for 44.4% of the homes sold for the Month.

 

The Average Sold Price in the Poconos for November was $136k.

 

NUMBER OF HOMES SOLD:

 

The Number of Homes Sold in Effort PA was 9, UP 12% from 8 for November 2013.

 

The Number of Homes Sold in the Poconos for November was 209.

 

YEAR TO DATE STATISTICS:

 

The Average Sold Price YTD for 2014 in Effort PA is $137k, UP 7% from $128k for 2013 and The Number of Homes sold YTD for 2014 is 106, UP 34% from 79 for YTD 2013. Love to see this continuing trend in the Effort PA Real Estate Market Report.

 

Other Important Statistics to consider in the Effort PA Real Estate Market Report are:

 

The Absorption Rate dropped to 7 months. Good!

 

The Sale To List Price Ratio rose to 87%. Good!

 

The Number of Pending homes are currently at 10. Good!

 

The Number of Active Listings dropped by 25% to 65. Good!

 

The Average Days On The Market dropped to 114 days. Good!

 

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 7%, indicating that 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!

 

Poconos Real Estate Market Report - November 2014

 

Homes for sale in Effort PA

 

Effort PA Real Estate Market Report - October 2014

facebook  google plus  twitter   pinterest   youtube  linkedin 


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 5 commentsBobbie Smith • January 02 2015 05:14PM

Comments

Bobbie: Great news to see the majority of the real estate statistics for the Effort PA market are positive. It looks like 2015 could be a fantastic year in this market.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) over 2 years ago

Hello Bobbie and Happy New Year.  I know 2015 is going to be a great year for you. 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) over 2 years ago

HI Bobbie, that's a great market report.  Have a wonderful 2015.

Posted by Sybil Campbell, REALTOR® ABR, SFR, SRES Williamsburg, Virginia (Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia) over 2 years ago

Love your graphs Bobbie and your reports are so easy to read and pick out the real meaning. Great job.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional) over 2 years ago

Hi Anita, Thanks. It is great news and I'mhoping they finish the year strong.

Hi Will, we sure are going to give it our best try aren't we? You bet.

Thanks Sybil. Have A Great Day and a wonderful 2015.

Thanks Debbie. I sure hope consumers find the info helpful.

 

Posted by Bobbie Smith, 570-242-1891 over 2 years ago

Participate