The Greater Lehigh Valley REALTORS® (GLVR) reported August housing data showing prices holding steady after back-to-back record highs, with buyers remaining active even as inventory stayed tight.

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

“Even with inventory levels remaining tight in August, we saw encouraging signs as pending sales rose nearly 5 percent and mortgage applications ticked up nationally when rates dipped,” said GLVR CEO Justin Porembo. “Buyers are clearly watching the market closely and moving quickly when opportunities arise.”

August Stats

Closed Sales decreased 8.1 percent, coming in at 592 listings. Inventory decreased 13.0 percent – there were 767 units in August for Lehigh and Northampton counties. The Median Sales Price increased 1.4 percent to $350,000, up from $345,000.

Other notable housing statistics for August include:

• New Listings slipped 4.6 percent to 705.
• Pending Sales improved 4.9 percent to 666.
• Months Supply of Inventory dropped 17.6 percent to 1.4 months.
• Percentage of List Price Received slid 0.2 percent but still came in above and beyond at 100.9 percent.
• Homes sold, on average, in 20 days, four days slower than the previous August.

“August’s numbers remind us that opportunity is still out there for both buyers and sellers,” said GLVR President Michael Bernadyn. “When interest rates soften, motivated buyers move quickly, and that’s exactly what we’re seeing in pending sales.”

Bernadyn added, “Lehigh Valley REALTORS® can help clients make smart moves, even in a challenging market, providing deep knowledge of our local communities, trusted guidance, and professional insight to help buyers and sellers succeed.”

In Carbon County, the Median Sales Price increased to $265,000. Closed Sales jumped to 72. Pending Sales slipped to 56. New Listings slid three listings, coming in at 88. Inventory decreased to 195 units, leading to a Months Supply of Inventory that declined to 3.4 months. Days on Market came in at 35 days.