Lehigh Valley Pennsylvania Market Update for July 2009

By
Real Estate Agent with Cindy Stys Equestrian and Country Properties, Ltd. PA License #AB068077

 

The figures for the Lehigh Valley market update have come out for July 2009.  Here are the statistics:

 

The number of sales during July 2009 were reported at 586, down approximately 1/2% from June 2009 at 589.

 

The average sales price for July 2009 was recorded at $213,000, down about 2.3% from June 2009 when the average sales price was recorded at $218,000.

 

The median sales price for July 2009 was recorded at $190,000, which is a decrease compared to June 2009 with a median price of $196,000.

 

The average time on the market for properties sold during July 2009 was 77 days, which was a decrease compared to June 2009 at 81 days.

 

For newly constructed homes with 4 bedrooms and 2 1/2 baths the average sales price is $338,000 in July 2009, a decrease from the month of June 2009 of $370,000.  The median price for July 2009 on new construction is $350,000, an increase from $329,000 in June 2009.

 

July Sales distribution

Sale Price                                 Number of Sales

under $70,000                                 35
$70,001 - $100,000                         33
$100,001 - $150,000                      107
$150,001 - $200,000                      144
$200,001 - $250,000                      100
$250,001 - $300,000                       69
$300,001 - $350,000                       39
$350,001 - $400,000                       23
$400,001 - $450,000                       15
$450,001 - $500,000                        7
$500,001 - $600,000                       10
$600,001 - $700,000                        3
$700,001 - $800,000                        0
$800,001 and above                         1

 

Posted by

Brigita McKelvie is a REALTOR®  (Pennsylvania License #RS297130) with Cindy Stys Equestrian & Country Properties, specializing in rural and horse properties and farms in Eastern Pennsylvania.  She has an e-Pro® (Certified Internet Expert) certification and a GRI (Graduate, REALTOR® Institute) designation.  

Brigita McKelvie, REALTOR

Pennsylvania License #RS297130

Rural and Horse Properties and Farms

 

Cindy Stys Equestrian & Country Properties, Ltd.Cindy Stys Equestrian & Country Properties, Ltd.

 

The Premier Equine and Country Real Estate firm serving Eastern Pennsylvania from back yard operations to world class equestrian facilities.

Use a REALTOR with "horse sense" that doesn't horse around when it comes to horse properties.

 

 

e-ProGRI (Graduate, REALTOR Institute)BNI

 

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