Last year had its challenges, no doubt. The sales volume coming from all the companies associated with the Greater Scranton Board of REALTORS® was down about 11.7% year-over-year in relation to the previous one (2022). The number of transactions was down about 5.4% year-over-year and surprisingly, the average sales price also decreased from $202,511 in 2022 to $189,148 in 2023 (-6.6%). Yet, many still found success in a market that had begun to turn. Our region still favors sellers (no doubt), but those days appear to be coming to end for the immediate future. The months supply of homes is creeping in the direction of a three months supply. We’re still a reach from the lower side of average, around five months, but these trends can accelerate when the market is changing — it’s done it before.

As challenges persist, there can be uncertainty about your situation as a homebuyer or seller when faced with the state of the local market. How is buying or selling different now than it was four years ago? One could argue, now is the time when (a) you don’t want to go at it alone, and (b) you should rely on those real estate professionals who deliver results and who have experience in various types of market conditions. We have many agents who have this pedigree! We have a wonderful “team” of professionals at Realty Network Group. Additionally, these are our top performers for 2023…

 

Ann E. Cappellini
$5,445,613

 

Halle Stevens
$5,029,288

 

Maria Muchal Berta
$4,503,750

 

Ann A. Sheroda
$4,084,800

 

Melissa C. LeStrange
$3,933,000

 

Scott J. Weiland
$2,433,260

 

Dana A. DeLeo
$2,228,960

 

Heather A. Luklanchuk
$1,960,350

 

Amy L. Kiesinger Bohenek
$1,492,400

 

Theresa DeMario Plisko
$1,475,800

 

If you are thinking about buying or selling a home, these agents are a great starting point. Get started today by reaching out to one of our top performers!