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Published on June 16, 2025

The Greater Lehigh Valley REALTORS® (GLVR) reported May data showed buyer demand remains evident in the local real estate market, with homes selling quickly and pending sales on the rise. However, a persistent lack of inventory continues to limit the number of sales, as buyers compete for a limited supply of available properties.

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

“Even with sales down 11.4 percent in May, the Lehigh Valley market remains active and resilient,” said GLVR CEO Justin Porembo. “New listings and pending sales both saw gains in May, and homes continue to sell quickly, averaging just 19 days on the market. While affordability and inventory challenges persist nationwide, local buyers and sellers are adapting, and strong demand continues to drive solid offers over list price.”

May Stats

Closed Sales decreased 11.4 percent, coming in at 515 listings. Inventory slid 2.6 percent – there were 700 units in May for Lehigh and Northampton counties. The Median Sales Price increased 4.4 percent to $345,000.

Other notable housing statistics for May include:

  • New Listings increased 5.0 percent to 803.
  • Pending Sales improved 5.0 percent to 654
  • Months Supply of Inventory dropped 7.1 percent to 1.3 months.
  • Percentage of List Price Received remained largely steady, coming in at 101.9 percent, a difference of -0.1 percent.
  • Homes sold, on average, in 19 days, the same amount of days as the previous May.

In Carbon County, the Median Sales Price decreased to $225,000. Closed Sales slid to 53. Pending Sales increased to 77. New Listings decreased to 96. Inventory decreased to 177 units, leading to a Months Supply of Inventory that declined to 3.1 months. Days on Market came in at 61 days.

“While home prices continue to rise both locally and across the country, the Lehigh Valley remains a more affordable option for buyers compared to many markets,” said GLVR President Michael Bernadyn. “With a median sales price of $345,000 in May — $69,000 less than the national median — our region continues to offer greater opportunities for homeownership while still benefiting from strong property values and a high quality of life.”