Lehigh Valley Real Estate - Tips 4 Homeowners, Buyers & Agents

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Lehigh Valley Real Estate- Days On Market & Number of Sales - What is Normal?

Lehigh Valley Real Estate - Everyone is Talking about the Days on Market.  So, What is Normal? Let's take a look at what the "normal" is for the Lehigh Valley Real Estate Market by looking at the Days on Market for the Month of March from 1996 to 2009.

You will see that what is going on in Today's Market is not so different from what was going on in 1996 through 2001.  But, it is so easy to get use to what was going on from 2002 to 2007 that it seems like the bottom is falling out of the Market.  This information will prove to you that ....we are simply back to what is "Normal".



       
* These numbers where calculated by dividing a Total number of Days on Market and Total Sales by 3.  The
information given for the years of 1999, 2000, 2001, and 2002 was given by the Quarter (which is Jan, Feb and March) and not by the Month of March only as all other reporting was given.


I only reported back to 1996 because information was NOT available for anything before 1996.

Lehigh Valley Homes

Lehigh Valley Association of Realtors

 

 

 

 

  Source of Information: Lehigh Valley Association of Realtors

 

*Lehigh Valley Real Estate - Days On Market & Number of Sales - What is Normal*Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

 

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