LEHIGH VALLEY/DELAWARE VALLEY HOUSING MARKET DATA

There was an increase in total units sold in June, with 1,647 sold this month in Lehigh Valley/Delaware Valley Real Estate versus 1,541 last month, an increase of 7%. This month's total units sold was higher than at this time last year, an increase of 1% versus June 2024.

Versus last year, the total number of homes available this month is higher by 117 units or 4%. The total number of active inventory this June was 2,777 compared to 2,660 in June 2024. This month's total of 2,777 is lower than the previous month's total supply of available inventory of 2,956, a decrease of 6%.

Last June, the median sale price for Lehigh Valley/Delaware Valley Homes was $390,000. This June, the median sale price was $403,448, an increase of 3% or $13,448 compared to last year. The current median sold price is 6% higher than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 1.7 months of supply available in Lehigh Valley/Delaware Valley. The amount of supply is similar compared to a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 1,834 homes newly listed for sale in Lehigh Valley/Delaware Valley compared to 1,950 in June 2024, a decrease of 6%. There were 1,636 current contracts pending sale this June compared to 1,566 a year ago. The number of current contracts is 4% higher than last June.

In June, the average sale price in Lehigh Valley/Delaware Valley was 101.8% of the average list price, which is 1.6% lower than at this time last year.

This month, the average number of days on market was 27, higher than the average last year, which was 22, an increase of 23%.





FOCUS ON: LEHIGH VALLEY/DELAWARE VALLEY HOUSING MARKET			JUNE 2025

Units Sold 1,647	Active Inventory 2,777	Median Sale Price $403,448	Days On Market 27

Up 1% Vs. Year Ago	Up 4% Vs. Year Ago	Up 3% Vs. Year Ago	Up 23% Vs. Year Ago


		Units Sold There was an increase in total units sold in June, with 1,647 sold this month in Lehigh Valley/Delaware Valley Real Estate versus 1,541 last month, an increase of 7%. This month's total units sold was higher than at this time last year, an increase of 1% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 117 units or 4%. The total number of active inventory this June was 2,777 compared to 2,660 in June 2024. This month's total of 2,777 is lower than the previous month's total supply of available inventory of 2,956, a decrease of 6%.
		Median Sale Price Last June, the median sale price for Lehigh Valley/Delaware Valley Homes was $390,000. This June, the median sale price was $403,448, an increase of 3% or $13,448 compared to last year. The current median sold price is 6% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 1,834	Current Contracts 1,636	Sold Vs. List Price 101.8%	Months of Supply 1.7

Down -6% Vs. Year Ago	Up 4% Vs. Year Ago	Down -1.5% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In June, there was 1.7 months of supply available in Lehigh Valley/Delaware Valley. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 1,834 homes newly listed for sale in Lehigh Valley/Delaware Valley compared to 1,950 in June 2024, a decrease of 6%. There were 1,636 current contracts pending sale this June compared to 1,566 a year ago. The number of current contracts is 4% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Lehigh Valley/Delaware Valley was 101.8% of the average list price, which is 1.6% lower than at this time last year. Days on Market This month, the average number of days on market was 27, higher than the average last year, which was 22, an increase of 23%.


	*Defined as the counties of Burlington, Camden, Gloucester, Mercer in NJ
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.