What’s Happening in Real Estate? | October 2015

 

West Market Street
West Market Street

October 2015 Current Trends in the Lehigh Valley Real Estate Market

DescriptionAs of October 2015Monthly Percentage of ChangeYear To DateYTD Percentage of Change
Closed Sales660- 0.3%6,198 + 13.4%
Days On Market70 + 2.9%68 - 2.9%
Median Sales Price$170,500+ 0.3%$173,200+ 1.9%
Average Sales Price $199,641+ 4.8%$202,216+ 2.2%
Percentage of List Price Received96.2%+ 0.4%96.5%+ 0.3%
Inventory of Homes3,783 - 28.5%
Months of Supply6.0- 38.1%
Bethlehem Area School District Homes$203,207 Average Price+1.1%
Allentown School District Homes$105,048 Average Price+ 9.9%
Easton School District Homes$195,371 Average Price+ 4.3%
Nazareth School District Homes$263,583 Average Price- 1.7%
Saucon Valley School District Homes$287,011 Average - 1.5%

(6 months of inventory is considered an even buyers/sellers market)

If you would like know what’s happening in your neighborhood, give us a call 610-417-1174.

Houses AVAILABLE  in Bethlehem and the Lehigh Valley

Properties from $1,000 to $100,000

Properties from $100,000 to $200,000

Properties from $200,000 to $300,000

Properties from $300,000 to $400,000

Properties from $400,000 to $500,000

Properties from $500,000 to $750,000

Properties from $750,000 and up!

 

If you or someone you know is thinking about selling or buying real estate in Bethlehem, PA, the Lehigh Valley, or in either Lehigh or Northampton counties, please give us a call at 610-417-1174 or look us up on the web at www.RedHeadAgent.com.  We take pride in the service which we provide each and every customer and we have build a solid reputation as a result.