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]