LOCAL MARKET DATA

Current data on the Real Estate Market for Jersey Shore & the Pine Creek Valley

Here is the latest edition of our monthly Real Esate Market Activity Report. Use it to get a feel for current market conditions.

Are we in a Buyers or Sellers market?  See Below - Absorption Rate Report

Are prices steady, or trending, and if trending, are they going up or down?

What is the current List Price/Sales Price ratio?

What is our current Absorbtion Rate, and what does it mean?

                 2008 Absorption Rate Report by Month (based on past 3 months of Sales)

                 SUMMARY:

                       In Lycoming & Clinton Counties, there is 6.2 month Supply   BALANCE

                       In Jersey Shore Market, there is a 9.5 month Supply       BUYER's MARKET

                       In Pine Creek Valley, there is an 18.0 month Supply    EXTREME BUYER's MKT

                  NOTE: Individual price ranges may be in different market conditions

Are Days-on-Market Increasing or Decreasing, and how does that affect you if you're a Buyer? A Seller?