L
ehigh Valley homes kept moving fast, averaging 20 days on the market—four days longer than last August. Median sales price in Lehigh and Northampton rose 1.4% to $350,000, while pending transactions climbed 4.9% to 666. Closed sales fell 8.1% to 592, new listings slipped 4.6% to 705, and available inventory dropped 13% to 767 units, leaving a 1.4‑month supply. GLVR CEO Justin Porembo noted that tight inventory and a dip in rates spurred buyers to act quickly.

    Home prices stayed flat after consecutive record highs, yet buyer activity remained strong despite limited inventory.

    In Carbon County, the median price hit $265,000. Closed sales jumped to 72, but pending sales fell to 56 and new listings dropped to 88. Inventory fell to 195 units, creating a 3.4‑month supply, and homes stayed 35 days on the market.

    The report, drafted with generative AI from Greater Lehigh Valley Realtors data, was reviewed by lehighvalleylive.com staff. Links on the site may earn the publisher a commission; by using the site you agree to the User Agreement and Privacy Policy.