All Posts Tagged With: "Lehigh Valley Home Sales"

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Lehigh Valley Market Update August 2008

Comparison of Lehigh Valley Home Sales from August 2007 to August 2008:
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Number of Sales - During August 2008, 520 sales were reported, down approximately 23.4% from August 2007 at 679.
Average Sales Price - The average sales price for August 2008 was recorded at $228,000, down approximately 5.8% from August 2007 when the average sales [...]

8Sep2008 | GoValley | 1 comment | Continued
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Lehigh Valley Market Update July 2008

Comparison of Activity from June 2008 to July 2008
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List Price to Sold Price Ratio:
The average sale price compared to list price for residential properties sold  in the Lehigh Valley during the month of July 2008 is 97%, which remained the same since April 2008.
New Construction:
For newly constructed homes with 4 bedrooms and [...]

15Aug2008 | GoValley | 0 comments | Continued
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First Impressions Matter To Buyers!

Prospective Lehigh Valley homebuyers want to see your home at its best. Making a few simple changes often increases the number of interested buyers or the selling price of a home. After a few years, a home may take on a “lived in” look that may be detrimental to its selling price. The following are [...]

31Jul2008 | GoValley | 0 comments | Continued
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Preparing Your Home For Sale

Selling a house here in the Lehigh Valley can be very profitable. The home inspection is an important part of getting the price you want for your home.
The preparations you make prior to listing your home and holding open houses can make all the difference in the price you expect for your home. If you [...]

31Jul2008 | GoValley | 0 comments | Continued
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Real Estate transfer tax revenue down

In a recent Morning Call letter to the editor, LVAR (Lehigh Valley Association of Realtors) expressed  frustration with government officials continued reliance on the real estate transfer tax (PA recieve 2% on every Lehigh Valley Real Estate Transaction, buyer and seller each pay 1%).  Municipalities that were once booming with residential development are seeing the effects [...]

20Jul2008 | admin | 0 comments | Continued
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Lehigh Valley Short Sales and Pre-Foreclosures

So what exactly is a shot sale anyway? A short sale is when a home is in pre-foreclosure and the bank allows the owner to list the home with a Realtor and try to sell the home and avoid foreclosure. In most cases it is being sold for less than what is owed to the bank. The [...]

9Jun2008 | admin | 0 comments | Continued
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Lehigh Valley Real Estate Statistics

Lehigh Valley Real Estate Statistics: The statistics presented in Market Update are compiled each month based on the figures generated from the Lehigh Valley Association of REALTORS® Multiple Listing Service. Average sales prices and median prices fluctuate monthly depending upon the number of sales at the high or low end of the price range. The [...]

9Jun2008 | admin | 0 comments | Continued
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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 [...]

9Jun2008 | admin | 0 comments | Continued