Hellertown, PA

24-Hour Market Watch

New Listings	125
Back on Market	2
Price Increases	4
Price Reductions	67
Contingents	13
Pendings	31
Solds	28
Expireds	42
Inactives	26

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While it might be a seasonal up swing but agent "busy" indicators seem to be showing an increased in activity during the last two weeks. This is "feel" report not a statistical analysis.

Phone activity: Our office phones are ringing. Some of the increase is due to some new low priced listings and rentals, but that is still good! Appointments seem to be increasing in numbers too.

Open Houses: My last two Saturday open houses have been pretty good with 3 to 4 walkthoughs.

The words "offer" seems to be heard in conversations.

Since December, I've seen more "sold" signs - this is somewhat due catch the end of the year tax season. Plus a few more pending. We even had one home just listed go under contract within a week.

Of those sold, we are still seeing sellers getting 90% of their last listing price - probably closer to 95%.

I thought of this as I was driving by a home for sale this morning at 10am and watched as the potential buyers were walking the grounds.

If you would like to know more about the Hellertown, Lower Saucon and surrounding area market, please feel free to call me @ 610-7370672 or email me @ judith@judithglamb.com

<-- 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)

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.