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July 2022 Market Update graphic

Lehigh Valley Homes in July Sold, On Average, for $300,000

The Greater Lehigh Valley REALTORS® (GLVR) reported July data showed a cooling of the housing market in the Lehigh Valley, as rising mortgage rates, record-high sales prices, and a lack of inventory weakened demand and priced out a multitude of…
June 2022 Market Update graphic

June Stats: Lehigh Valley Homes Selling, on Average, in 12 Days

The Greater Lehigh Valley REALTORS® (GLVR) reported June data showed the beginning of summer coming in – dare we say it – hot. June saw two records broken in Median Sales Price and Days on Market. GLVR Members: Click HERE to view…
George Radd Learning Center Plaque

GLVR Unveils The George E. Raad Professional Learning Center

Staff and leadership of the Greater Lehigh Valley REALTORS® on July 14, 2022, unveiled what is now The George E. Raad Professional Learning Center at the Greater Lehigh Valley Real Estate Academy. Photos from the room dedication can be viewed…
PA State Capitol building

Lehigh Valley Realtors® Visit Capitol to Encourage Passage of 1031 Like-Kind Exchanges

In early June, nearly 175 Realtors® gathered for Realtor® Day on the Hill to encourage more than 80 legislators to pass 1031 like-kind exchanges. Currently, the commonwealth is the only state to not allow like-kind exchanges.In attendance from the Greater Lehigh Valley…
May 2022 Market Update graphic

Lehigh Valley Housing Prices Reach $290,000 — Another New Record

The Greater Lehigh Valley REALTORS® (GLVR) reported May data showed that year-over-year, the two dueling Mays were comparable to each other, but this past month notably soared ahead with a $40,000 gain in the Median Sales Price – and set…
GLVR reps donate to Marile Corps League

GLVR Donates $2,500 to Lehigh Valley Marine Corps League

The Greater Lehigh Valley REALTORS® on May 25, 2022, donated $2,500 to the Lehigh Valley Marine Corps League. Each year, the president of the Greater Lehigh Valley REALTORS® selects an organization or charity of choice to support. 2022 President Howard…
GLVR Newsletter logo

Buyer’s Agency Compensation Field Added to GLVR Public Search

Buyer’s Agency Compensation is now a viewable field on the Greater Lehigh Valley REALTORS® consumer-facing website. The addition to the property search (available at www.GreaterLehighValleyRealtors.com) was a requirement of the National Association of REALTORS®.NAR announced in November the adoption of changes…
March 2022 Market Update graphic

Sales Prices Reach New Heights in Lehigh, Northampton Counties — Again

The Greater Lehigh Valley REALTORS® (GLVR) reported March data showed off a sneak preview of a full-fledged spring real estate market with a new Median Sales Price record for the Lehigh Valley: $280,000. GLVR Members: Click HERE to view the full Market…
February 2022 Market Update graphic

February Data: New Listings Increase for First Time since May 2021

The Greater Lehigh Valley REALTORS® (GLVR) reported February data showed inventory woes continuing, but also sellers emerging from winter hibernation with local REALTORS® managing an increase in New Listings and Pending Sales. GLVR Members: Click HERE to view the full Market Update…
April 2022 Market Update graphic

Lehigh Valley Homes Selling, On Average, for 103.3% of List Price

The Greater Lehigh Valley REALTORS® (GLVR) reported April data showed off a match of the Median Sales Price record and a spring market that wants to be busy but is stymied by inventory, mortgage rates, and other external economic factors.…