realestate

Lehigh Valley Real Estate Market Sees Increased Listings Amid Ongoing Inventory Constraints

Homes in the region remain highly sought after, with sellers often receiving over 100% of their asking price.

T
he Lehigh Valley real estate market remains strong, driven by buyer demand despite inventory shortages. According to May data from Greater Lehigh Valley Realtors, closed sales decreased 11.4% year-over-year to 515 listings. However, new listings increased 5% to 803 and pending sales rose 5% to 654, indicating a resilient market.

Lehigh Valley real estate market with increased listings amidst inventory constraints.