Pike Wayne MLS Real Estate Market Recap Year End 2024 - Bridget Gelderman- Lake Wallenpaupack

Lake Wallenpaupack/Pike Wayne MLS Real Estate Market Recap

Discussing the Lake Wallenpaupack/Pike Wayne MLS Real Estate Market recapping 2024

How did 2024 turn out for Real Estate in Pike & Wayne County?
• We ended 2024 very strong.
• Rates are around 7.07%
• Overall – the market seems steady.
• We were consistent with 2023 in terms of New Listings, Homes going under contract, homes sold and average days on market is also flat.
• We do not have a lot more inventory than we did to start 2024.
• Average sale price up 7%
• If you are looking to sell – the market is still very strong (pricing right is key).
• If you are looking to buy – prices continue to go up so if you are waiting for a crash – it doesn’t look like it is happening. Get pre-approved now.

Bridget Gelderman
Associate Broker
Davis R Chant
[email protected]