Here is the activity for September 2009 for the Lehigh Valley in Pennsylvania:
The number of sales during September of 2009 were down approximately 3% from 542 to 526 in August.
The average sales price for September 2009 was recorded at $198,000, down approximately 5.7% from August 2009 where the average sales price of the month was recorded at $210,000.
The median sales price had decreased in September 2009 to $177,000 from $185,000 in August 2009.
The average market time for properties sold during September 2009 was 74 days, which remained the same as compared to August 2009 at 74 days.
The average sale price compared to list price for residential properties sold during the month of September 2009 is 96%, a decrease compared to August at 97%.
The average sales price for new construction with 4 bedrooms and 2 1/2 baths was $379,000, down from $443,000 in August 2009. The median sales price for September 2009 $356,000, which also decreased as compared to August 2009 from $443,000.
September Sales Distribution
Sale Price Number of Sales
under $70,000 43
$70,001 - $100,000 35
$100,001 - $150,000 117
$150,001 - $200,000 120
$200,001 - $250,000 86
$250,001 - $300,000 54
$300,001 - $350,000 35
$350,001 - $400,000 16
$400,001 - $450,000 7
$450,001 - $500,000 3
$500,001 - $600,000 5
$600,001 - $700,000 2
$700,001 - $800,000 0
$800,001 and above 3
