The Real Estate Market has been interesting so far this year and the statistics show it. This February the median sales price rose 0.03% up $5,000 to $185,000. February’s closed sales are down 0.12% from 250 to 220 which makes sense with active listings being down 0.09%. With the low inventory, median days on the market dropped 0.27% to 19 days because buyers are desperately searching for new listings.
Learn more about the market by contacting us, checking out the current active listings, or looking at the market trends on Greater Lehigh Valley Realtor’s website.