Most Expensive Homes
been a lot of denial among Poconos luxury homeowners. In
2006, as the market peaked they thought the luxury market
would not suffer the fate of the broader Pocono Real Estate
market. Four years later in 2010 high-end home buyers were
thought to have endless, deep pockets, and this would insulate
the top-tier real estate from the cratering economy. As
the nation and world's markets in late 2011 went from bad
to worse, some people in the real estate sales industry
claimed that the lack of trophy properties outstripped supply.
year in 2015, reality sets in. Few are buying million plus homes
in the Poconos Mountains of PA . Even fewer are buying $2 million
homes. Properties in these ranges are either being reduced by amounts
similar to the national debts of small countries, or are being pulled
from the market entirely. It hasn't been a bad year for the Poconos
Most Expensive Homes but it hasn't bee good, either. Welcome to
our annual list of the region's priciest lakefront mansions, mountain
retreats, high end ski lodges and country estates.
compile our list, we spoke with brokers and consulted listing agents
and real estate appraisers and scoured real estate listings. We
included listings from both the Southern
Poconos and the Northern
Poconos - Lake Region and we did not consider land
sales, commercial properties or multi family units.