The Lehigh Valley Real Estate Market and Homes for Sale are suffering from a lack of Inventory.
Let's take a look at the current inventory for Lehigh Valley Homes (Lehigh and Northampton Counties):
At the time of this posting (04/18/2021):
Lehigh Valley Residential Homes Currently Available and Listed For Sale (all types, twins, singles...etc): 629 homes for Sale
Lehigh Valley Residential Homes Currently Under Agreement (all types, twins, singles...etc): 1,394 homes
We can delve a little further into the price range of currently available Lehigh Valley Homes for Sale.
- Under $100,000: 32 homes
- $100,000 - $200,000: 149 homes
- $200,000 - $300,000: 132 homes
- $300,000 - $400,000: 95 homes
- $400,000 - $500,000: 104 homes
- $500,000+: 121 homes
This is a major change from back in 2011 and 2012 where the Lehigh Valley had 5,000 to 6,000 Homes For Sale.
The real estate market is causing a pent up demand from Home Buyers and putting negotiation power fully in the hands of the Lehigh Valley Home Seller.
For all of your Lehigh Valley Real Estate information, visit www.lehighvalleyhomesonline.com.