Lehigh Valley Pennsylvania Market Update - The Year in Review - March 2009 and March 2010

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

 

Here is a comparison of activity in the real estate market in the Lehigh Valley from March 2009 to March 2010.

 

The number of sales during March 2010 were reported at 418, up approximately 25% from March 2009 at 335.

 

The Average Sales Price for March 2010 was recorded at $192,000, down approximately 5% from March 2009 when the Average Sales price was recorded at $202,000.  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 a decrease compared to March 2009 with a median of $185,000.  The median indicates the mid-point of the range of prices - half the homes sell for less, while half the homes sell for more.

 

Average time on the market for properties sold during March 2010 was 85 days, which is a decrease compared to March 2009 at 87.

 

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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Comments (4)

Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Brigita, nice report...I Hope you are having lots of time to spend with your gorgeous horses!  Have a great week!

Apr 19, 2010 01:46 AM
Brigita McKelvie, Associate Broker
Cindy Stys Equestrian and Country Properties, Ltd. - Lehigh Valley, PA
The Broker with horse sense and no horsing around

Kristin:

I am actually busy with work.  Not much time to spend with horses, although I do make time.  Love to spend more time with them, but have to make a living.

Have a great week!

Brigita

Apr 20, 2010 01:28 AM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Wonderful post!  Excellent report!

Thank you very much for sharing!

Adam

Apr 20, 2010 04:19 AM
Brigita McKelvie, Associate Broker
Cindy Stys Equestrian and Country Properties, Ltd. - Lehigh Valley, PA
The Broker with horse sense and no horsing around

Adam:

Thanks for stopping by.

Brigita

Apr 21, 2010 02:01 AM

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