Positive trends in the Lehigh Valley housing market continued to remain strong during the month of October 2013. Pending sales (sales under contract that have not yet closed), increased 37.7 percent over last year at the same time, according to the Lehigh Valley Association of Realtors (LVAR) latest report.
The number of closed sales this October increased 16.7 percent compared to October 2012. Year-to-date comparisons show steady growth as closed sales were recorded at an increase of 15.8 percent from 2012. The median sales price increased 2.7 percent from $168,000 in October 2012 to $172,500 the same time this year.
Here's a look at how the national real estate market is doing in comparison to the Lehigh Valley:
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My name is Barbara Bottitta and I am a Realtor/Partner with Keller Williams Real Estate and team leader for the Barb Bottitta Team of Lehigh Valley Home Experts. Our team of professionals include a listing and closing specialist so that from the starting line to the dotted line you won’t find another agent or team that provides better service, works harder – or cares more – than the Barb Bottitta Team. My husband, Lou, and I have lived in LowerMac for over 30 years; our grown children, Lisa and Matt (Tito) attended Emmaus High School and we feel fortunate that our grandson, Ethan, is growing up in the Lehigh Valley as well.