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Published on November 11, 2025

The Greater Lehigh Valley REALTORS® (GLVR) reported an expected seasonal slowdown in October housing activity but noted signs of future momentum as pending sales climbed year-over-year.

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

“Mortgage applications for home purchases — a gauge of future buying activity — have posted consistent double-digit annual gains, rising 20 percent higher than a year ago in mid-October, according to data from the Mortgage Bankers Association,” noted GLVR CEO Justin Porembo. “The Lehigh Valley followed suit in October, with pending sales improving 3.1 percent year-over-year.”

October Stats

Closed Sales decreased 4.8 percent, coming in at 596 listings. Inventory decreased 4.8 percent – there were 794 units in October for Lehigh and Northampton counties. The Median Sales Price increased 1.9 percent to $353,750, up from $347,000.

Other notable housing statistics for October include:

  • New Listings decreased 5.5 percent to 705.
  • Pending Sales improved 3.1 percent to 600.
  • Months Supply of Inventory dropped 12.5 percent to 1.4 months.
  • Percentage of List Price Received slid 0.3 percent but still came in above and beyond at 100.4 percent.
  • Homes sold, on average, in 20 days, one day slower than the previous October.

In Carbon County, the Median Sales Price decreased to $244,000. Closed Sales slid to 69. Pending Sales decreased to 65, a change of six listings. New Listings improved to 82. Inventory decreased to 176 units, leading to a Months Supply of Inventory that declined to 3.1 months. Days on Market came in at 38 days.

“Nationally, we’re seeing signs of renewed buyer confidence, with pending home sales holding steady and showing one of the strongest paces of the year,” said GLVR President Michael Bernadyn. “At the same time, sellers are increasingly relying on professional expertise — 91 percent now work with a REALTOR®, while For Sale By Owner transactions have fallen to a record low. Together, these trends reflect growing trust in the market and in the value REALTORS® provide to guide clients through changing conditions.”