About Northampton County, PA

Here is what's happening in the Pen Argyl and Bangor Area School Districts in Pennsylvania for October 2009 in Real Estate:

Recommendation:

If you're buying a home, it is important that you work closely with a highly-motivated agent who understands what's going on with the real estate market and local economy. He/She will be able to advise you on how to get the most for your money and what homes you may want to avoid, as there are homes on the market that are not priced at their fair market value.

If you're selling your home, it's also important that you work closely with a highly-motivated agent who understands what's going on with the market and local economy. Your goal is to net top dollar - which you may not achieve if you overprice or underprice your home.

Here is what's happening in the Nazareth Area School District and Northampton Area School District in Pennsylvania for October 2009 in Real Estate:

Recommendation:

If you're buying a home, it is important that you work closely with a highly-motivated agent who understands what's going on with the real estate market and local economy. He/She will be able to advise you on how to get the most for your money and what homes you may want to avoid, as there are homes on the market that are not priced at their fair market value.

If you're selling your home, it's also important that you work closely with a highly-motivated agent who understands what's going on with the market and local economy. Your goal is to net top dollar - which you may not achieve if you overprice or underprice your home.

Looking at the Market Update for October 2009, the real estate market seems to be improving in the Lehigh Valley in Pennsylvania. Here are the statistics:

During October 2009, 537 sales were reported, which is up about 2.1% from September 2009 at 526.

The average sales price for October 2009 decreased about 4% at $190,000 as compared to September 2009 at $198,000.

The median sales price for October 2009 was recorded at $173,000, which is a decrease compared to September 2009 with a median of $177,000.

The average time on the market for properties sold during October 2009 was 78 days, which is an increase compared to September 2009 at 74 days.

Ten new construction properties sold during October 2009, while only 7 sold in September 2009. The average sales price for newly constructed homes with 4 bedrooms and 2 1/2 baths in October 2009 was $451,000 while in September 2009 the average sales price was recorded at $379,000. The median sales price for October 2009 for new construction was $410,000 as compared to $356,000 in September 2009. That's good news for new construction in the Lehigh Valley.

October Sales Distribution

Sale Price Number of Sales
Under $70,000 56
$70,001 - $100,000 31
$100,001 - $150,000 120
$150,001 - $200,000 142
$200,001 - $250,000 84
$250,001 - $300,000 41
$300,001 - $350,000 25
$350,001 - $400,000 17
$400,001 - $450,000 5
$450,001 - $500,000 4
$500,001 - $600,000 6
$600,001 - $700,000 3
$700,001 - $800,000 2
$800,001 and above 1

YEAR IN REVIEW

Comparison of Activity from October 2008 to October 2009

During October 2009, 537 sales were reported, up about 30% from October 2008 at 413.

The average sales price for October 2009 was recorded at $190,000, down about 10.4% from October 2008 when the average sales price was recorded at $212,000.

The median sales price for October 2009 was recorded at $173,000 which was a decrease compared to October 2008 with a median price of $182,000.

The average time on the market for properties sold during October 2009 was 78 days, an increase from 71 days in October 2008.

Once again Halloween is upon us with lots of "haunted houses" and parks open to scare us out of our wits.

Did you know that the Lehigh Valley here in Pennsylvania does actually have haunted buildings? It's true!

Here are some of the buildings with actual ghost sightings:

1. State Theaterin Easton

2. Sun Inn in Bethlehem

3. Former Carbon County Jail in Jim Thorpe

4. Inn at Maple Grove in Alburtis

5. The Widows Tavern & Grillein Stockertown

6. King George Inn in Allentown

7. Riegelsville Public Libraryin Riegelsville (of course)

-(Source: Morning Call research)

I'm sure there are many other buildings in the Lehigh Valley that ghost sightings have occurred. If you have, or know of any, feel free to post it in the comments to share with everyone.

If you want to encounter a real ghost on Halloween, visit one of these buildings, if you dare. OOoooooooooo.

HAPPY HALLOWEEN!!

The Halloween Parade for Nazareth, Pennsylvania will be held this coming Saturday, October 31, 2009.

The parade is great to watch. It has many great floatsput on by area businesses, groups and clubs, bands, some really neat costumes, fire trucks, Rajahs driving their little antique cars, and much, much more.

There are a number of divisions in the parade and every float is judged in each division.

The parade usually has a huge turnout.

The parade was actually supposed to have been held on October 17th, but due to rain, it was postponed until this coming Saturday.

Come early to get a good seat to see the parade.