Lehigh Valley, Pennsylvania Market Update for January 2010

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

 

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

 

 

 

 

 

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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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