The Lehigh Valley housing market displayed robust activity in September, with closed sales, pending sales, new listings, and prices all trending upward according to data from the Greater Lehigh Valley Realtors .

Closed sales increased 3.7% to 589 listings in Lehigh and Northampton counties, while the median sales price rose 2.5% to $352,500, up from $343,750. New listings surged 17% to 772, and pending sales improved 7.1% to 630.

“The Lehigh Valley housing market continues to demonstrate steady growth and underlying strength,” said GLVR CEO Justin Porembo.

Despite the positive sales activity, inventory decreased 3.7% to 806 units, leading to a months supply of inventory that dropped 6.3% to 1.5 months. Homes sold in an average of 19 days, one day faster than the previous September.

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