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| APRIL 2025 | |||
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| Units Sold 7 |
Active Inventory 63 |
Median Sale Price $275,000 |
Days On Market 18 |
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| Up Vs. Year Ago |
Down -37% Vs. Year Ago |
Up 675% Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in April, with 7 sold this month in Lehigh County Real Estate. This month's total units sold was higher than at this time last year, an increase from April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 37 units or 37%. The total number of active inventory this April was 63 compared to 100 in April 2024. This month's total of 63 is lower than the previous month's total supply of available inventory of 70, a decrease of 10%. |
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Median Sale Price
Last April, the median sale price for Lehigh County Homes was $35,500. This April, the median sale price was approximately the same at $275,000. The current median sold price is 675% higher than in April 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 12 |
Current Contracts 12 |
Sold Vs. List Price 97.1% |
Months of Supply 9.0 |
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| Up 9% Vs. Year Ago |
Up 500% Vs. Year Ago |
Up Vs. Year Ago |
Down -82% Vs. Year Ago |
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Months of Supply
In April, there was 9.0 months of supply available in Lehigh County, compared to 50.0 in April 2024. That is a decrease of 82% versus 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. |
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New Listings & Current Contracts
This month there were 12 homes newly listed for sale in Lehigh County compared to 11 in April 2024, an increase of 9%. There were 12 current contracts pending sale this April compared to 2 a year ago. The number of current contracts is 500% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Lehigh County was 97.1% of the average list price, which is higher than at this time last year. Days on Market
This month, the average number of days on market was 18, higher than the average last year, which was 12. This increase was impacted by the limited number of sales. | |||
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| *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 GLVR 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 GLVR or Long & Foster Real Estate, Inc. |
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