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October Data: LV Home Sales Slow, Prices Still Gain Image

October Data: LV Home Sales Slow, Prices Still Gain

The Greater Lehigh Valley REALTORS® (GLVR) reported October data showed stubbornly high inflation and soaring borrowing costs have eroded buyer purchasing power and have caused the housing market to cool rapidly this year. GLVR Members: Click HERE to view the full Market…
Various Factors Cooling Real Estate Activity, but Lehigh Valley Homes Still Selling in 17 Days Image

Various Factors Cooling Real Estate Activity, but Lehigh Valley Homes Still Selling in 17 Days

The Greater Lehigh Valley REALTORS® (GLVR) reported September data showed the real estate market continuing to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. GLVR Members: Click HERE to…
August 2022 Market Update graphic

August Data: Lehigh Valley Homes Selling in 14 Days, for 101.3% of List Price

The Greater Lehigh Valley REALTORS® (GLVR) reported August data showed a steady housing market in the Lehigh Valley – a market doing its best as housing affordability hits a 33-year low and existing-home sales continue to soften. GLVR Members: Click HERE to…
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…
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…
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.…
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

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

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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…