Lehigh Valley, Pennsylvania Market Update for March 2010

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

 

Here is the Lehigh Valley, Pennsylvania Market update for the month of March 2010.

 

The number of sales rose during March 2010 at 418 sales, up approximately 65% from February 2010 at 254 sales.

 

The average sales price of March 2010 was recorded at $192,000 which is an increase compared to February 2010 when the average sales price was recorded at $189,000.  The Average Sales Price is obtained by dividing the number of sales into the total sales dollars.

 

The median sales price for March 2010 was recorded at $171,000 which is an increase compared to February 2010 with the median of $165,000.  The Median Sales Price indicates the mid-point range of prices - half the homes sell for less, while half the homes sell for more.

 

The Average Time on the market for properties sold during March 2010 was 85 days, which is a decrease compared to February 2010 at 87 days.

 

For newly constructed homes with 4 bedrooms and 2 1/2 baths the average sales price is $337,000 which is a decrease from $406,000 in February 2010.  The median sales price was recorded at $316,000, down from $389,000 in February 2010.  The information is based on 10 new construction properties sold during the month on March 2010.

 

March Sales Distribution

Sale Price                                     Number of Sales
under $70,000                                       49
$70,001 - $100,000                                28
$100,001 - $150,000                              86
$150,001 - $200,000                              96
$200,001 - $250,000                              70
$250,001 - $300,000                              36
$300,001 - $350,000                              17
$350,001 - $400,000                              16
$400,001 - $450,000                               6
$450,001 - $500,000                               5
$500,001 - $600,000                               3
$600,001 - $700,000                               1
$700,001 - $800,000                               3
$800,001 and above                                2

Brigita McKelvie, REALTOR, e-PRO, GRI

Pennsylvania License #RS297130

Residential, Rural and Horse Properties and Farms

Cindy Stys Equestrian & Country Properties, Ltd.

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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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