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A snapshot of 2006 vs 2007 SOLDs in Hellertown, PA

<-- Hellertown's Dewey Fire Co. at the 2007 Halloween Parade

First and foremost I would like to wish all the residents, local municipality workers and those who visit the borough of Hellertown an very happy, healthy and prosperous 2008!

I took a quick look of our market place and would like to share my findings with you. I find it comforting that our borough, like most of the Lehigh Valley is holding up pretty well in this market where many areas nationwide are seeing a drastic downturn.

The table below shows a comparison between 2006 and 2007 (Full Year and Sept-Dec). To keep things simple and compare relatively "like" properties, I used the following criteria:

  1. Hellertown Borough
  2. Single Family Detached Homes
  3. Price Range from $120,000 to $349,000 (eliminated 1 low & 1 high in 2006)
  4. Sold properties only (as reported in the Lehigh Valley Multiple Listing Service)
FULL YEAR

Year 2006

Year 2007

# Properties Sold6958
Average Days On Market4952
Average202,539211,201
Median195,200210,000
_
LAST 4 MONTHS

9/1/06 -12/31/06

9/1/07 - 12/31/2007

# Properties Sold1417
Average Days On Market5051
Average194,764204,316
Median192,500192,000

For all your real estate needs please contact me at Judith@JudithGlamb.com or call me at 610-838-0440 x140 or direct at 610-737-0672.

Posted Wednesday Jan 02