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MAXIMUM MARKETING EQUALS MAXIMUM RESULTS

Welcome to Realty Executives in the Lehigh Valley


Welcome to Realty Executives your source of Real Estate Information in the Lehigh Valley.

 

Tax Credit Update

 Congress has Extended the Homebbuyer Tax Credit

  $8000 Maximum for First Time Buyers

  $6500 Maximum for the Current Homeowner Credit (Pricipal Residence Consecutively 5 out of the previous 8 years)

  The home must be purchased by April 30, 2010

 

FHA Changes are coming.

 

More Money Down

More insurance required (MIP)

Higher credit scores

Less Seller contribution

 

Market Update December 2009

Comparison of Activity from October 2009 to November 2009

Number of Sales

- During November 2009, 606 sales were reported, up approximately 12.8% from October 2009 at 537.

Average Sales Price

to October 2009 when the average sales price of the month was recorded at $190,000. The

dividing the number of sales into the total sales dollars.

- The average sales price for November 2009 was recorded at $190,000, which remained the same comparedAverage Sales price is obtained by

Median Sales Price

October 2009 with a median of $173,000. The Median indicates the mid-point of the range of prices-half the homes sell for less,

while half the homes sell for more.

- The Median Sales Price for November 2009 was recorded at $175,000 which is an increase compared to

Average Market Time

same compared to October 2009 at 78 days.

-The average time on the market for properties sold during November 2009 was 78 days, which stayed the

List Price to Sold Price Ratio:

The average sale price compared to list price for residential properties sold during the month of November 2009 is 97%, which

is an increase compared to October 2009 at 96%.

New Construction:

For newly constructed homes with 4 bedrooms and 2 1/2 baths the average sale price is $354,000. The median sales price reported is

$368,000. This information is based on

October 2009 the average sale price was recorded at $451,000, the median was recorded at $410,000. The

obtained by dividing the total number of newly constructed sales into the total sales dollars of newly constructed homes. The

Median Sales price indicates the mid-point of the range of sales-half of the homes sell for less, while half of the homes sell for more.

13 new construction properties sold during the month of November. During the month ofAverage Sales price is

Lehigh Valley Real Estate Statistics:

The statistics presented in

Association of REALTORS

the number of sales at the high or low end of the price range. The year-to-date numbers will generally remain more constant. The

Lehigh Valley Association of REALTORS

professionals involved in all aspects of the real estate industry.

Market Update are compiled each month based on the figures generated from the Lehigh Valley® Multiple Listing Service. Average sales prices and median prices fluctuate monthly depending upon®, “The Voice for Real Estate in the Lehigh Valley”, represents 2296 real estate

 

 Year In Review

 

 

 

 

- The average sales price for November 2009 was recorded at $190,000, down approximately 14.4% fromAverage Sales price is obtained by

Median Sales Price

November 2008 with a median of $190,000. The Median indicates the mid-point of the range of prices-half the homes sell for less,

while half the homes sell for more.

- The Median Sales Price for November 2009 was recorded at $175,000 which was a decrease compared to

Average Market Time

73 days in November 2008.

-The average time on the market for properties sold during November 2009 was 78 days, an increase from

List Price to Sold Price Ratio:

The average sale price compared to list price for residential properties sold during the month of November 2009 is 97%, which

is an increase compared to November 2008 at 95%.

 

In todays Market determining the proper offering price is critical.  A Professional Market Analysis considers many factors not just similiar properties that have Sold.  Click the Home Evaluation Button to get started and take advantage of 23 years of experience.

 

Realty Executives also works with Buyers helping to find the Home of their Dreams.  In doing so Buyers are also introduced to all the various Discounts, Savings and Rebates available to them when purchasing a property.  It makes sense to work with an Executive.  Click the e-Search Home Search Button to find Your Next Home

 

Feel Free to Search the LVAR Multiple Listing service from this site, use the Mortgage Calculator or investigate School District information or just have fun with the vast amount of information provided on this site. 

 

Enjoy your stay!

Joe Mazurek, Realtor, e-Pro, BA, SRS

 

 

 

 

 

 

November 2008 when the average sales price of the month was recorded at $222,000. The

dividing the number of sales into the total sales dollars.


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Joe Mazurek


Joe Mazurek
 
Joe Mazurek
Email Joe
 
Phone: 610-465-5600
Cell: 610-360-2066
Fax: 610-465-7004
Address: 968 Postal Road Suite 300
City: Lehigh Valley
State: Pennsylvania 18109
Country: United States


Yahoo! News: Top Stories
Reports: Toyota plans to recall 300,000 Priuses (AP) 2/8/2010 1:05 PM

The Toyota logo is seen on a snow-covered 2010 Prius sedan at a dealership in Lakewood, Colo., Sunday, Feb. 7, 2010. Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday, news reports said, as a top executive will testify before U.S. lawmakers about defects that have tarnished its reputation for quality and safety. (AP Photo/David Zalubowski)AP - Toyota plans to recall about 300,000 Prius hybrids worldwide over a brake problem and is likely to notify both the U.S. and Japanese governments Tuesday, news reports said, as a top executive will testify before U.S. lawmakers about defects that have tarnished its reputation for quality and safety.


Mid-Atlantic digs out of snow; government shut (AP) 2/8/2010 11:18 AM

With the U.S. Capitol in the background, a US Airways plane takes off after the runway was opened for the first time in three days at Washington's Reagan National Airport, on Monday, Feb. 8, 2010. A massive snow storm hit the region Friday and Saturday, dumping 2 feet of snow in some places and closing area airports over the weekend. (AP Photo/Jacquelyn Martin)AP - Federal workers got a day off as the Mid-Atlantic region dug out Monday from as much as 3 feet of snow that left tens of thousands without power while making travel nearly impossible. And there's another storm brewing.


GOP cool to Obama call for two-party health talks (AP) 2/8/2010 12:30 PM

President Barack Obama delivers remarks at the Democratic National Committee Winter Meeting in Washington, Saturday, Feb.  6, 2010. (AP Photo/Susan Walsh)AP - Republicans gave a chilly reception Monday to President Barack Obama's invitation to discuss health care in a bipartisan, televised setting later this month, part of the White House effort to revive the stalled legislation.


Official: Toll should stand at 5 in plant blast (AP) 2/8/2010 1:23 PM

Michael Rosario, business representative for the Plumbers, Pipefitters, & HVAC Local 777, hugs a friend after telling reporters about losing three friends in the explosion at the Kleen Energy Systems power plant on Sunday in Middletown, Conn., Monday, Feb. 8, 2010.  (AP Photo/Seth Wenig)AP - Search-and-rescue crews declared a section of an exploded power plant too unstable to comb through Monday, a task that lost urgency when officials said everyone assigned to work at the plant the day of the blast had been accounted for and the death toll should stand at five.


17 soldiers dead, 53 rescued in Kashmir avalanche (AP) 2/8/2010 9:17 AM

A vehicle carrying Indian Army rescue team is seen on the way to Gulmarg, via Tangmarg, about 25 miles (41 kilometers) northwest of Srinagar, India, Monday, Feb. 8, 2010.  A massive avalanche is reported to have plowed into an Indian army training center at a ski resort town in Indian-controlled Kashmir on Monday. (AP Photo/Mukhtar Khan)AP - A massive avalanche plowed into an Indian army training center at a ski resort town in Indian-controlled Kashmir on Monday, killing 17 soldiers and critically injuring 17 others.


Space shuttle blasts off on last night flight (AP) 2/8/2010 7:49 AM

Space shuttle Endeavour lifts off from launch pad 39a at Kennedy Space Center in Cape Canaveral, Fla., Monday, Feb. 8, 2010. Endeavour, is scheduled for a 13 day mission to the International Space Station.(AP Photo/John Raoux)AP - Endeavour and six astronauts rocketed into orbit Monday on what's likely the last nighttime launch for the shuttle program, hauling a new room and observation deck for the International Space Station.


N.C. judge wants officer to retrieve John Edwards sex tape (AP) 2/8/2010 11:30 AM

Former aide to John Edwards, Andrew Young leaves the Chatham County courtroom in Pittsboro, N.C., Friday, Feb. 5, 2010 after a hearing in which Superior Court Judge Abraham Penn Jones declared that he was in contempt of court and demanded that Young turn over over a 'personal' videotape being sought by Edwards' former mistress.  (AP Photo/Jim R. Bounds)AP - A North Carolina judge wants a security officer to accompany a former John Edwards aide as he goes to retrieve a sex tape of the two-time presidential candidate, increasing the court's control of the disputed video.


World's tallest tower closed a month after opening (AP) 2/8/2010 10:21 AM

People are shown where to queue for a refund of their money at the ticket counter after the observation deck of the world's tallest tower, Burj Khalifa was unexpectedly shut down in Dubai, United Arab Emirates, Monday, Feb. 8, 2010. The closure is potentially disappointing thousands of tourists and marring the spire's image just a month after it opened. The precise cause of the $1.5 billion Dubai skyscraper's closure remained unclear. In a brief statement responding to questions, building owner Emaar Properties blamed the closure on 'unexpected high traffic,' but then suggested that electrical problems were also at fault. (AP Photo/Kamran Jebreili)AP - The world's tallest skyscraper has unexpectedly closed to the public a month after its lavish opening, disappointing tourists headed for the observation deck and casting doubt over plans to welcome its first permanent occupants in the coming weeks.


Charlie and Brooke Sheen due in court (AP) 2/8/2010 5:50 AM

FILE - This Jan. 28, 2009 file photo shows Charlie Sheen in Los Angeles. . (AP Photo/Chris Pizzello, File)AP - Charlie Sheen and his wife are due in court Monday amid domestic violence allegations. They'll be arriving separately and only the judge can determine if they can leave together.


Super Bowl is most watched TV show ever (AP) 2/8/2010 1:06 PM

New Orleans Saints quarterback Drew Brees celebrates with his son Baylen and wife Brittany after winning the NFL Super Bowl XLIV football game against the Indianapolis Colts in Miami, Sunday, Feb. 7, 2010. The Saints won 31-17.  after winning the NFL Super Bowl XLIV football game against the Indianapolis Colts in Miami, Sunday, Feb. 7, 2010. The Saints won 31-17. (AP Photo/Mark J. Terrill)AP - The Super Bowl was watched by more than 106 million people, surpassing the 1983 finale of "M-A-S-H" to become the most-watched program in television history.



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Joe Mazurek, REALTOR
Lehigh Valley Executives, LLC t/a REALTY EXECUTIVES - 968 Postal Rd, Suite 210, Allentown  PA  18109

Direct 610-360-2066
Office 610.465.5600 Fax 610.465.7004
PA Licensed Real Estate Broker - RB-062419-C


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