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Published on September 15, 2026

The Greater Lehigh Valley REALTORS® (GLVR) reported increased sales and inventory in August, while home prices continued to climb compared to a year ago.

GLVR Members: Click HERE to view the full Market Update report for August 2026.

“August brought some encouraging movement on the inventory side, with more homes available than we had at this time last year,” said GLVR CEO Justin Porembo. “That growth is important, but we are still operating in a market where demand is outpacing the number of homes available. Continued growth in housing inventory will be critical to improving affordability and giving buyers more options.”

August Stats

Closed Sales increased 3.2 percent to 632 sales. Inventory grew 8.2 percent, with 893 units available across Lehigh and Northampton counties. The Median Sales Price increased 9.2 percent to $379,000.

Other notable housing statistics for August include:

  • New Listings increased 2.7 percent to 725 listings.
  • Pending Sales were down 4.9 percent to 602 listings.
  • Months Supply of Inventory came in at 1.7 months, an increase of 13.3 percent.
  • Percentage of List Price Received grew 0.2 percent to 101.1 percent.
  • Homes sold, on average, in 19 days, one day faster than the previous August.

In Carbon County, the Median Sales Price increased to $295,000. Closed Sales totaled 50, while Pending Sales came in at 64, and New Listings at 76. Inventory stood at 165 units, resulting in a Months Supply of Inventory of 2.9 months. Homes sold in an average of 48 days.

“While inventory is moving in the right direction, the Lehigh Valley remains a much tighter market than what we’re seeing nationally,” said GLVR President Cliff Lewis. “Locally, we had 1.7 months of supply of homes available in August, compared to 4.6 months nationally. The Lehigh Valley continues to be a popular place to live and work, and that demand means buyers and sellers need to understand the nuances of our local market. Having a local REALTOR® who knows the market, understands the competition, and can help navigate those conditions is vitally important.”