The Lehigh Valley real estate market is continuing to show signs of improvement and we are seeing positive growth in many factors! It feels so good as a Realtor to be able to talk about such good news! The positive trend started a few months ago, but is improving almost daily it seems.
According to the Lehigh Valley Association of Realtors (LVAR) latest report, pending home sales in April 2013 were up 39.3 percent compared to the same time period last year. The number of homes available for sale decreased 14.8 percent, meaning that buyers should act quickly if they find a home they like…they’re going quick! Homes in the Lehigh Valley are selling 25.6% faster than a year ago, and the average selling price has increased 2.5 percent.
It is becoming a seller’s market and using video to promote a listing will increase your chances even more to sell quickly and for top dollar.
Here’s your look at the real estate market on a national level:
I want to make it as easy as I can for you to understand all of the real estate jargon, so if you have any questions at all about the Lehigh Valley real estate market, what’s happening, interest rates, etc., just give me a call at 610-398-8408 or contact me here.
You can also connect with me on my Facebook Page for events and happenings in the Lehigh Valley area, as well as home ownership tips, real estate market updates, and so much more!
There are many great Lehigh Valley area homes for sale. Click here to perform full home search, or if you’re thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today’s market. You may also call me at (610) 398-8408 for a FREE home buying or selling consultation to answer any of your real estate questions.