Lehigh Valley Home Sales May 2008
Number of Sales: During May 2008, 517 home sales were reported in the Lehigh Valley, down 22% from May 2007 at 663.
Average Sales Price: The average sales price for May 2008 was recorded at $217,000, which is up approximatly 9% from May 2007 when the average sales price was recorded at $215,000. The average sales price is obtained by dividing the the number of sales into the total sales dollars.
Median Sales Price: The median sales price for May 2008 was recorded at $190,000, which is an decrease compared to May 2007 with a median of $200,000. The median indicates the mid-point of th range of prices. Half the homes sell for less, while half the homes sell for more.
Average Market Time: The average time on the market for properties sold during May 2008 was 68 days, an increase from 51 days in May 2007.
List Price To Sold Ratio: The average sales price compared to list price for residential properties sold during the month of May 2008 is 97%, which is a decrease compared to May 2007 at 98%
Republished by Blog Post Promoter
Court rejects North Whitehall Walmart challenge
Citizens group appealed supervisors approval of Route 309 project.
March 11, 2011|By Peter Hall, OF THE ...
Hi LVRE News,
Just wanted to say very nice site. A lot of good information for the Pennsylvania real estate ...
always make your credit score higher so that you have a good credit"`, 
in this times of economic recession, sometimes it is difficult to have a great credit score*,-