The statistics are out for the Lehigh Valley, Pennsylvania Market for January 2010.
The number of sales during Janaury 2010 were down approximately 32.2%, of 248 sales from December 2009 at 366.
The average sales price for Janaury 2010 was recorded at $202,000 down approximately 1.9% from December 2009 when the average sales price of the month was recorded at $206,000.
The median sales price for Janaury 2010 was recorded at $175,000, which is a decrease compared to December 2009 with a median of $184,000.
The average time on the market for properties sold during Janaury 2010 was 82 days, which is a decrease compared to December 2009 at 84 days.
For newly constructed homes with 4 bedrooms and 21/2 baths the average sale price is $363,000, up from December 2009 average sale price of $345,000. The median sales price for new construction is $327,000, down from $353,000 recorded in December 2009. The figures are based on 7 new construction sales during the month of Janaury.
Janaury Sales Distribution
Sale Price Number of Sales
under $70,000 28
$70,001 - $100,000 26
$100,001 - $150,000 45
$150,001 - $200,000 47
$200,001 - $250,000 29
$250,001 - $300,000 28
$300,001 - $350,000 18
$350,001 - $400,000 9
$400,001 - $450,000 8
$450,001 - $500,000 4
$500,001 - $600,000 2
$600,001 - $700,000 3
$700,001 - $800,000 1
$800,001 and above 0
Brigita McKelvie, REALTOR, e-PRO, GRI
Pennsylvania License #RS297130
Keller Williams Real Estate, Bethlehem, PA
