Month: April 2015

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A Quick Snapshot of March 2015 Lehigh Valley Real Estate Market…

As of March 2015 – (change)                                         YTD 2015 – (change)

Closed Sales      514 properties   (+19.0%)                         1,253 (+12.9%)

Days on Market     82 (+3.8%)                                                   80 (+5.3%)

Median Sales Price     $163,155 (+5.3%)                        $159,450 (0.9%)

Average Sales Price    $188,060 (+9.4%)                    $183,191 (+4.0%)

% of List Price received     95.9% (0.0%)                            95.8% (.02%)

Months of inventory for March 2015 = 5.8   (-15.9%)

(6 months of inventory is considered an even market)

If you would like know more about these numbers in your neighborhood, give me a call! Or if you have any other real estate related question, I am here to help! Call me at: 610-417-1174 or send me an email to:  [email protected]

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February 2015 Lehigh Valley Real Estate Market Update

Lehigh Valley Real Estate Market statistics as of February 2015……..  

Closed Sales  339 units sold (+4.3%)  – YTD  724 units sold (+6.8%)

Days on Market =  85 (+10.4%)  – YTD = 79 (+5.3%)

Median Sales Price = $162,250 (+8.2%)  – YTD  $155,000 (-3.1%)

Average Sales Price = $182,692 (+7.7%)  – YTD $179,108 (+0.2%)

Percentage of List Price Received = 96.1% (+0.6%) – YTD = 95.7% (+0.2%)

Months Supply  (6 months supply is a balanced market) =  5.6 months (-13.8%)

If you are interested to knowing more about the price of you home as it compares to these statistics, please give me a call – 610.417.1174 or send a message to [email protected]