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Published on December 16, 2025

The Greater Lehigh Valley REALTORS® (GLVR) reported November housing activity continued to be shaped by limited inventory and rising home prices. While closed sales slowed compared to last year, demand remained steady, keeping competition strong and prices elevated across the region.

GLVR Members: Click HERE to view the full Market Update report for November 2025.

“November’s numbers reflect a market constrained by a lack of available homes,” said GLVR CEO Justin Porembo. “Closed sales dipped year-over-year, but inventory remains extremely tight at just 1.3 months, which continues to place upward pressure on prices. Until we meaningfully address the Lehigh Valley’s housing supply gap – estimated at a shortage of about 9,000 units by the Lehigh Valley Planning Commission – buyers will continue to face strong competition, quick sales, and ongoing affordability challenges.”

November Stats

Closed Sales decreased 13.3 percent, coming in at 495 listings. Inventory declined 6.3 percent, with 728 units available in November across Lehigh and Northampton counties. The Median Sales Price increased 5.6 percent to $360,000, up from $341,000.

Other notable housing statistics for November include:

  • New Listings decreased 2.8 percent to 519.
  • Pending Sales improved 0.2 percent (one listing) to 476.
  • Months Supply of Inventory dropped 7.1 percent to 1.3 months.
  • Percentage of List Price Received remained steady at 100.4 percent.
  • Homes sold, on average, in 22 days, three days slower than the previous November.

In Carbon County, the Median Sales Price declined to $251,000. Closed Sales were essentially flat, increasing by one listing to 53. Pending Sales rose to 59, an increase of four listings. New Listings decreased to 55. Inventory fell to 156 units, resulting in a Months Supply of Inventory of 2.7 months. Homes sold in an average of 50 days.

“Even as prices continue to rise, the Lehigh Valley remains more affordable than many markets nationwide,” said GLVR President Michael Bernadyn. “With a median sales price of $360,000, our region is still well below the national median of $415,200. That affordability continues to draw buyers, but it also reinforces the need to expand housing options at all price points to keep homeownership within reach.”