The Lehigh Valley real estate market is reflective of the current economic recovery. The number of closed sales in June 2013 increased by 9.2% since the same time last year and Lehigh Valley homes are selling 15.4% faster than last year at this time, according to the Lehigh Valley Association of Realtors (LVAR) latest report.

The number of homes for sale in the Lehigh Valley decreased by 12.7% since last June, meaning there is less of an inventory for buyers to choose from, the recipe for a sellers market. Here’s a look at how the national real estate market is doing in comparison to the Lehigh Valley:

 

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.