Here is the Lehigh Valley, Pennsylvania Market update for the month of March 2010.   The number of sales rose during March 2010 at 418 sales, up approximately 65% from February 2010 at 254 sales.   The average sales price of March 2010 was recorded at $192,000 which is an increase compared to February 2010 when the average sales price was recorded at $189,000.  The Average Sales Price is obtained by dividing the number of sales into the total sales dollars.   The median sales price for March 2010 was recorded at $171,000 which is an increase compared to February 2010 with the median of $165,000.  The Median Sales Price indicates the mid-point range of prices - half the homes sell for less, while half the homes sell for more.   The Average Time on the market for properties sold during ... 04/19/2010

  Lehigh Valley, Pennsylvania Market Update - The Year in Review - Comparison Activity from February 2009 to February 2010. The number of sales during February 2010 were up approximately 10.4% with 254 sales from 230 sales in February 2009.   The average sales price for February 2010 was recorded at $189,000, as compared to February 2009 with the average sales price of $196,000.  That was a decrease of about 3.6% for the average sales price.  The average sales price is obtained by dividing th number of sales into the total sales dollars.   The median sales price for February 2010 was recorded at $165,000, which is a decrease compared to February 2009 with a median of $166,000.  The median indicates the mid-point of the range of prices.  Half the homes sell for less, while half the homes... 03/09/2010

  The Market Update for the Lehigh Valley, Pennsylvania for February 2010 has arrived.  Let's take a look at the figures as compared to January 2010:   The number of sales during February 2010 were up by approximately 2.4%, at 254 sales reported as compared to 248 sales in January 2010.   The average sales price for February 2010 was recorded at $189,000, down approximately 6.4% from January 2010 when the average price of the month was recorded at $202,000.  The Average Sales Price is obtained by dividing the number of sales into the total sales dollars.   The median sales price for February 2010 was recorded at $165,000 which is a decrease compared to January 2010 with a median price of $175,000.  The Median price indicates the mid-point range of prices.  Half of the homes sell for les... 03/09/2010

  The 3rd Lehigh Valley Ag Summit Conference will be held March 11th, 2010, at the Allentown Brew Works from 9AM until 3:15PM.  The topic will be the question on how to raise food for more than 625 million people who live in the Lehigh Valley as developments replace farms.   The speakers will focus on how agriculture is changing to meet the needs for local produce.   Also, included will be information about regulations, safety and distribution.   Participants will learn more about local farming efforts to bring fresh food and food products to the Lehigh Valley residents.   Some of the topics during this conference will be: -  community gardens-  creative marketing of local produce-  a look ahead to the future of agriculture in the Lehigh Valley-  local and regional food systems: impacts... 02/25/2010

  Here is a comparison of activity comparing Janaury 2009 and Janaury 2010:   The number of sales reported during Janaury 2010 were 248, up approximately 22.2% from Janaury 2009 at 203.   The average sales price for Janaury 2010 was recorded at $202,000, which remained the same compared to January 2009 when the average sales price of the month was recorded at $202,000.   The median sales price for janaury 2010 was recorded at $175,000 which is a decrease compared to January 2009 with a median of $187,000.   The average time on the market for properties sold during January 2010 was 82 days, an increase from 81 days in Janaury 2009.      Brigita McKelvie, REALTOR, e-PRO, GRI Pennsylvania License #RS 297130 Keller Williams Real Estate, Bethlehem, PA   02/11/2010

  The statistics are out for the Lehigh Valley, Pennsylvania Market for January 2010.   The number of sales during Janaury 2010 were down approximately 32.2%, of 248 sales from December 2009 at 366.   The average sales price for Janaury 2010 was recorded at $202,000 down approximately 1.9% from December 2009 when the average sales price of the month was recorded at $206,000.   The median sales price for Janaury 2010 was recorded at $175,000, which is a decrease compared to December 2009 with a median of $184,000.   The average time on the market for properties sold during Janaury 2010 was 82 days, which is a decrease compared to December 2009 at 84 days.   For newly constructed homes with 4 bedrooms and 21/2 baths the average sale price is $363,000, up from December 2009 average sale pr... 02/11/2010

  The Lehigh Valley is currently going through a January thaw.  Right now the temperatures are in the mid 50's and it is raining.  Sounds like typical spring weather, right?   You're right, it is typical spring weather, but this is January, the middle of winter.  It's usually cold, windy and snowy this time of year.    It seems like some of nature has been fooled it is spring.    Yesterday, while out showing homes, one of the homes had a large open area next to it.  Would you believe I saw robins in that field.  Not one or two, but dozens.  I had to take a double take to make sure I was seeing correctly.  My buyer was with me, so I do have a witness.    Normally, robins are considered as one of the first signs of spring.  Does this mean that spring is around the corner?  Or, with this J... 01/24/2010

  Here is a comparison of activity comparing December 2008 to December 2009:   The number of sales reported during December 2009 were 366, up approximately 7% from December 2008 at 342.   The average sales price for December 2009 was recorded at $206,000, down approximately 1.4% from December 2008, when the average sales price of the month was recorded at $209,000.  The average sales price is obtained by dividing the number of sales into the total sales dollars.   The median sales price for December 2009 was recorded at $184,000, which is an increase compared to December 2008 with a median price of $180,000.  The median indicates the mid-point of the range of prices - half the homes sell for less, while half the homes sell for more.   The average time on the market for properties sold d... 01/10/2010

  The figures for the Market Update for December 2009 for the Lehigh Valley in Pennsylvania have just been released.  Here is how they look:   The number of sales for December 2009 were down appoximately 39.6% with 366 sales reported as compared to 606 in November 2009.   The average sales price for December 2009 was recorded at $206,000, up approximately 8.4% from November 2009, when the average sales price of the month was recorded at $190,000.   The median sales price for December 2009 was recorded at $184,000 which is an increase compared to November 2009 with a median of $175,000.   The average time on the market for properties sold during December 2009 was 84 days, which is an increase compared to November 2009 at 78 days.   The average sales price of newly constructed homes, cons... 01/09/2010

  'Tis the Christmas season and you keep singing "Jingle Bells".  You would love to experience a horse-drawn carriage ride, hear the clip clop of the horses hooves and see the Christmas lights without the confines of a car.   The Lehigh Valley offers several different horse-drawn carriage rides.    For the first-time this year, you can enjoy the Lights in the Parkway in Allentown on a horse-drawn carriage ride.    Or, how about carriage rides through the historic area of downtown Bethlehem.  Enjoy the traditional white Christmas lights, the sound of carols and the sound of hoofbeats on Bethlehem's historic city streets.   Easton offers 20 minute horse-drawn carriage rides through it's city streets and through the center square for a Victorian Christmas.  Carolers dressed in Victorian ga... 12/16/2009

  The Lehigh Valley Association of REALTORS just released the statistics for the Market Update for November 2009.  There is great news!   The number of sales for November 2009 increased by 12.8% with 606 sales, up from 537 sales in October 2009.   The average sales price remained the same for November 2009 at $190,000 as compared to October 2009.   The median sales price fpr November 2009 was recorded at $175,000, which is an increase compared to October 2009 with a median price of $173,000.   The average market time for properties sold during November 2009 stayed the same as compared to October 2009 at 78 days.   New construction also saw an increase in sales with 13 sold in November 2009 as compared to 10 in October 2009.  The average sales price of newly constructed homes with 4 bedr... 12/08/2009

  Looking at the Market Update for October 2009, the real estate market seems to be improving in the Lehigh Valley in Pennsylvania.  Here are the statistics:   During October 2009, 537 sales were reported, which is up about 2.1% from September 2009 at 526.   The average sales price for October 2009 decreased about 4% at $190,000 as compared to September 2009 at $198,000.   The median sales price for October 2009 was recorded at $173,000, which is a decrease compared to September 2009 with a median of $177,000.   The average time on the market for properties sold during October 2009 was 78 days, which is an increase compared to September 2009 at 74 days.   Ten new construction properties sold during October 2009, while only 7 sold in September 2009.  The average sales price for newly con... 11/07/2009

  Once again Halloween is upon us with lots of "haunted houses" and parks open to scare us out of our wits.    Did you know that the Lehigh Valley here in Pennsylvania does actually have haunted buildings?  It's true!   Here are some of the buildings with actual ghost sightings:   1.  State Theaterin Easton 2.  Sun Inn in Bethlehem 3.  Former Carbon County Jail in Jim Thorpe 4.  Inn at Maple Grove in Alburtis 5.  The Widows Tavern & Grillein Stockertown 6.  King George Inn in Allentown 7.  Riegelsville Public Libraryin Riegelsville (of course) -(Source: Morning Call research) I'm sure there are many other buildings in the Lehigh Valley that ghost sightings have occurred.  If you have, or know of any, feel free to post it in the comments to share with everyone.   If you want to encounter... 10/29/2009

  The Lipizzaner Stallions are coming to the Lehigh Valley this weekend!  Sunday, October 18th, 2009, they will be performing at Lehigh University's Stabler Arena at 2PM and 6PM.     The Lipizzaner breed originated in Vienna, Austria around 1700.  The horses and riders ride the routines to music.  It seems as if they are dancing.   The highlight of the performance is the "Airs Above the Ground".  This routine includes leaps and maneuvers once used by soldiers in he battlefield to protect themselves.   The horses show strength and skill in the Levade, in which they maintain a hunched position at a 45 degree angle, The Capriole, in which the stallions leap into the air, simultaneously tucking their forelegs under their chests and fiercely kicking out their hind legs, and the Courbette, in... 10/16/2009

  Here is the activity for September 2009 for the Lehigh Valley in Pennsylvania:   The number of sales during September of 2009 were down approximately 3% from 542 to 526 in August.   The average sales price for September 2009 was recorded at $198,000, down approximately 5.7% from August 2009 where the average sales price of the month was recorded at $210,000.   The median sales price had decreased in September 2009 to $177,000 from $185,000 in August 2009.   The average market time for properties sold during September 2009 was 74 days, which remained the same as compared to August 2009 at 74 days.   The average sale price compared to list price for residential properties sold during the month of September 2009 is 96%, a decrease compared to August at 97%.   The average sales price for ... 10/12/2009

  The Lehigh Valley in Pennsylvania now has an all volunteer organization that helps low-income pet owners.  And it all started out as a Girl Scout project.   Yesterday a ribbon cutting ceremony occurred iin Bethlehem at the Northampton Community College's Fowler Family Southside Center.  It was for the Animal Food Bank of the Lehigh Valley.   Four years ago, a 19 year old girl scout came up with the idea for a project of accepting donations of pet food for people who frequented the soup kitchen at Bethlehem church.  Originally it was to be a temporary project.  Instead it grew.    The Animal Food Bank currently has 100 volunteers who collect and distribute pet food and help provide vaccines, spay and neutering for pets of low-income families.  There is also a board of directors with 10... 10/07/2009

  The figures for the Lehigh Valley market update have come out for July 2009.  Here are the statistics:   The number of sales during July 2009 were reported at 586, down approximately 1/2% from June 2009 at 589.   The average sales price for July 2009 was recorded at $213,000, down about 2.3% from June 2009 when the average sales price was recorded at $218,000.   The median sales price for July 2009 was recorded at $190,000, which is a decrease compared to June 2009 with a median price of $196,000.   The average time on the market for properties sold during July 2009 was 77 days, which was a decrease compared to June 2009 at 81 days.   For newly constructed homes with 4 bedrooms and 2 1/2 baths the average sales price is $338,000 in July 2009, a decrease from the month of June 2009 of ... 08/13/2009

    While checking out the market statistics, I found some interesting news.  And it is great news!!   Turns out that in June 2009 the most number of homes were sold in the Lehigh Valley, Pennsylvania since August of 2007.    It certainly looks like the real estate market is turning around for the better.     07/13/2009

  The real estate figures for June 2009 have just come out for the Lehigh Valley, Pennsylvania, and they are looking great!   The number of sales for June 2009 increased by 33.3%, from 442 sales in May 2009 up to 589 sales.   The average sales price rose by 8%.  The average price recorded for June 2009 was $218,000 where in May 2009 the average price was $202,000.   The average time on the market for a home decreased.  During June 2009 the average market time was 81 days as compared to 83 days in May 2009.   Based on 6 new construction properties sold during the month of June, the average sales price for a new home, consisting of 4 bedrooms and 2 1/2 baths, was $370,000, down from the average price of $464,000 in May 2009.   June Sales Distribution Sale Price                            ... 07/09/2009

  The May 2009 Market Update for the Lehigh Valley, PA just came out with the statistics and it is looking good.   During May 2009, 442 sales were reported, up about 8.9%, from April 2009 at 406.   The average sales price for May 2009 was up by approximately 2%, at $202,000, from April 2009 of $198,000.   The average time on the market for properties sold during May 2009 decreased to 83 days, as compared to April 2009 at 86 days.   In May 2009, 6 newly constructed homes with 4 bedrooms and 2 1/2 baths were sold at the average price of $464,000.  That is an increase as compared to April 2009 of the average sales price of $431,000.   May Sales Distribution: Sale Price                                   Number of Sales under $70,000                                    32$70,001 - $100,000   ... 06/10/2009