Pike/Wayne MLS Real Estate Market Update

We’ve had an unprecedented year in Real Estate in the Pocono Mountains.

We are fortunate to live in an outdoor paradise – we have a wide variety of outdoor activities, beautiful lakes & rivers & wonderful mountains. These natural assets brought on a tremendous influx of visitors to the area and demand for homes. As remote work took off, we experienced what vacation destinations have been termed – a “Zoom Town.”

We had very low inventory Q1 2020. We have extremely low inventory now. Our average sales price went up by as much as 40% over the last few years. That is an incredible increase in value for homes in our area.

We are selling homes as fast as they come on the market & there are certainly more buyers than we have inventory. We are in a sellers market.

If you are looking to list your home in the near future, please reach out. You may be surprised at the value of your home.