The Lehigh Valley Market Update - The Year in Review
Comparison of Activity from June 2009 to June 2010
The number of sales during June 2010 increased by 13.8% with 670 sales reported as compared to 589 in June 2009.
The Average Sales price for June 2010 was recorded at $211,000, down approximately 3.2% from June 2009 when the Average Sales price of the month was recorded at $218,000. The Average Sales price is obtained by dividing the number of sales into the total sales dollars.
The Median Sales Price for June 2010 was recorded at $191,000, which is a decraese compared to June 2009 with a medain of $196,000. The Median indicates the mid-point of the range of prices - half the homes sell for less, while half the homes sell for more.
The average time on the market for properties sold during June 2010 was 75 days, which is a decrease compared to June 2009 at 81 days.
The average sale price compared to list price for residential properties sold during the month of June 2010 is 97%, which is an increase compared to June 2009 at 96%.
Brigita McKelvie, REALTOR
Pennsylvania License #RS297130
Residential, Rural and Horse Properties and Farms
Cindy Stys Equestrian & Country Properties, Ltd.
The Premier Equine & Country Realty Firm covering Eastern Pennsylvania from back yard to world-class facilities.
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.
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.
Thank you for the market update about Lehigh Valley. Have a great summer.
Gita:
You have a great one, too!
Brigita
brigita, well done girl! I love your summary report and comparisons...I hope you have a great thursday!
Kristin:
I had a very productive Thursday!
Have a great weekend!
Brigita