About Northampton County, PA

Here is what's happening in the Nazareth, Pennsylvania area for August 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.

During August 2009 sales were down apporximately 7.6% at 542 sales from 586 in July 2009.

The average sales price for August 2009 was recorded at $210,000 down approximately 1.4% from July 2009 when the average price of the month was recorded at $213,000. The average sales price is obtained by dividing the number of sales iinto the total sales dollars.

The median sales price for August 2009 decreased also from $190,000 in July 2009 to $185,000. The median indicates the mid-point of the range of prices - half the homes sell for less, while others sell for more.

The average time on the market of properties sold during August 2009 saw a decrease at 74 days, down from 77 days in July 2009.

Newly constructed homes, with 4 bedrooms and 2 1/2 baths, fared a little better. With 2 construction properties sold during the month of August 2009, the average sales price reported is $443,000, up from $338,000 reported in July 2009. The median price for August 2009 is $443,000, also up from $350,000 in July 2009.

August Sales Distribution

Sale Price Number of Sales
Under $70,000 32
$70,001 - $100,000 27
$100,001 - $150,000 126
$150,001 - $200,000 129
$200,001 - $250,000 85
$250,001 - $300,000 65
$300,001 - $350,000 25
$350,001 - $400,000 18
$400,001 - $450,000 10
$450,001 - $500,000 7
$500,001 - $600,000 8
$600,001 - $700,000 5
$770,001 - $800,000 3
$800,001 and above 2

• Update the lighting for approximately $100 to $500. You can add a chandelier to give the room a romantic feel.

• Give the room a fresh coat of paint. Paint can make the room feel brand new.

• Update your bedding and add new window treatments. Remember your bed is the focus of your bedroom, so it is important to select the right bedding to give the room an updated feel.

• Look at your existing furnishings and make sure they are in the best place. Reorganizing the furniture can really give a room a new and updated look.

If you are looking for a higher rate of return and money is not an issue, convert your attic into a bedroom. The average cost in a two- or three-bedroom home is $39,188 with a $36,649 (93.5%) return at resale.

• For this price the new bedroom should include at least a 15 x 15 ft. bedroom, a 5x7 bath with shower, a 15-ft. dormer, four windows and a closet.

• Add insulation and a solar-powered attic fan to save money on utility bills.

• Whether the attic bedroom is a guest room or for a family member, make sure it has great design style. Select a theme that makes the room appear larger.

Are you updating your home so you can put it on the market? Don Wenner Home Sales can assist you with selling your home. Call Don today and check out his Lehigh Valley website to view his great selection of homes in Bethlehem and other Northampton county cities.

Another Summer is coming to an end and while the leaves slowly change into thier autumn colors, Lukie's Fall Festival's Planning Committee is moving into full swing... Starting with our win in the Labor Day Parade..

We handed out tons of flyers to come to the festival & The Lukie Fest Tiger danced the day away with our DJ... JR Jukebox Entertainment...he will also be at Lukie's Fest again this year...

Throughout the parade we danced The Apache, Dial 9-1-1, Cha-Cha Slide & Others... we had the crowd dancing & The Tiger was movin & shakin the whole time...

Thanks for all the friendly support we recieved along the parade route & to the many who mentioned that they wouldn't miss it for the world...

Hope to see you all in Pen Argyl at Weona Park this upcoming OCTOBER 17th from 11:30am-4:30pm

The Group Picture Just the Adults

Some of the group with Uncle Sam Mommy D & Lucky the Lukie Fest Tiger

New Listings	24
Back on Market	0
Price Increases	0
Price Reductions	12
Contingents	2
Pendings	7
Solds	3
Expireds	18
Inactives	2

Looking for 100% No money down financing?

Don Wenner

The Don Wenner Home Selling Team
Keller Williams Real Estate
2901 Emrick Blvd. Suite 100
Bethlehem PA 18020
PA RE License #RS300485

(C) 484-542-2868
(O) 610-867-8888
(F) 610-867-8889
http://www.donwenner.com
email: don@donwenner.com

"Your Home Sold Guaranteed, Or I'll Buy It"

"Buy A home with our Team and Receive up to a $10,000 Cash Reward!"

Chris Hoffman
Pa Re License #RS298340
Theresa Barlow
Pa Re License #RS281312
Barb Miers
Pa Re License #RS278138