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Monthly Indicators

February 2023 Activity Snapshot


In its continued effort to curb inflation, the Federal Reserve raised its benchmark
interest rate in February by a quarter-percentage point to 4.50% - 4.75%, its 8th - 15.9% - 2.4% + 15.1%
rate hike since March of last year, when the interest rate was nearly zero. Mortgage
One-Year Change in One-Year Change in One-Year Change in
interest rates have dipped slightly from their peak last fall, leading pending sales to
Closed Sales Inventory Median Sales Price
increase 8.1% month-to-month as of last measure, but affordability constraints
continue to limit homebuyer activity overall, with existing-home sales declining for
the twelfth consecutive month, according to the National Association of Realtors® Residential real estate activity in the counties of Lehigh and Northampton
(NAR). composed of single-family properties, townhomes and condominiums
combined. Percent changes are calculated using rounded figures.

New Listings decreased 28.9 percent to 458. Pending Sales were down 9.9 percent
to 501. Inventory levels shrank 2.4 percent to 489 units. Activity Overview 2
New Listings 3
Prices continued to gain traction. The Median Sales Price increased 15.1 percent to
$299,275. Days on Market was up 25.0 percent to 30 days. Buyers felt empowered
Pending Sales 4
as Months Supply of Inventory was up 14.3 percent to 0.8 months. Closed Sales 5
Days on Market Until Sale 6
With buyer demand down from peak levels, home price growth has continued to Median Sales Price 7
slow nationwide, although prices remain up from a year ago. Sellers have been
increasingly cutting prices and offering sales incentives in an attempt to attract Average Sales Price 8
buyers, who have continued to struggle with affordability challenges this winter. The Percent of List Price Received 9
slight decline in mortgage rates earlier this year convinced some buyers to come off Housing Affordability Index 10
the sidelines, but with rates ticking up again in recent weeks, buyers are once again
Inventory of Homes Available 11
pulling back, causing sales activity to remain down heading into spring.
Months Supply of Inventory 12
Activity by School District 13
Lender-Mediated Activity 14
Carbon County Activity Overview 15

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime.
Activity Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.

Percent Change from Percent Change from


Key Metrics Historical Sparkbars 2-2022 2-2023 Previous Year YTD 2022 YTD 2023 Previous Year

New Listings 644 458 - 28.9% 1,186 952 - 19.7%


2-2020 2-2021 2-2022 2-2023

Pending Sales 556 501 - 9.9% 1,029 940 - 8.6%


2-2020 2-2021 2-2022 2-2023

Closed Sales 428 360 - 15.9% 992 725 - 26.9%


2-2020 2-2021 2-2022 2-2023

Days on Market 24 30 + 25.0% 23 29 + 26.1%


2-2020 2-2021 2-2022 2-2023

Median Sales Price $260,000 $299,275 + 15.1% $265,000 $300,000 + 13.2%


2-2020 2-2021 2-2022 2-2023

Average Sales Price $299,406 $327,117 + 9.3% $307,465 $334,511 + 8.8%


2-2020 2-2021 2-2022 2-2023

Pct. of List Price Received 101.4% 99.9% - 1.5% 101.6% 99.4% - 2.2%
2-2020 2-2021 2-2022 2-2023

Housing Affordability Index 170 115 - 32.4% 166 115 - 30.7%


2-2020 2-2021 2-2022 2-2023

Inventory 501 489 - 2.4% -- -- --


2-2020 2-2021 2-2022 2-2023

Months Supply 0.7 0.8 + 14.3% -- -- --


2-2020 2-2021 2-2022 2-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 2
New Listings
A count of the properties that have been newly listed on the market in a given month.

New Listings
February Year to Date Prior Year Percent Change

March 2022 863 859 +0.5%


April 2022 919 1,007 -8.7%
644
1,186 May 2022 1,001 1,003 -0.2%
1,134
534 June 2022 1,003 1,102 -9.0%
458 952 July 2022 879 1,094 -19.7%
August 2022 800 934 -14.3%
September 2022 719 881 -18.4%
October 2022 705 846 -16.7%
November 2022 503 685 -26.6%
December 2022 371 447 -17.0%

- 23.8% + 20.6% - 16.5% + 4.6% - 19.7% January 2023 494 542 -8.9%
- 28.9% February 2023 458 644 -28.9%
12-Month Avg 726 837 -13.3%
2021 2022 2023 2021 2022 2023

Historical New Listings by Month


2,000

1,500

1,000

500

0
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 3
Pending Sales
A count of the properties on which offers have been accepted in a given month.

Pending Sales
February Year to Date Prior Year Percent Change

March 2022 686 734 -6.5%


April 2022 716 781 -8.3%
556
1,017 1,029 May 2022 811 871 -6.9%
501
469 940 June 2022 795 890 -10.7%
July 2022 706 846 -16.5%
August 2022 730 880 -17.0%
September 2022 586 769 -23.8%
October 2022 552 776 -28.9%
November 2022 495 688 -28.1%
December 2022 356 491 -27.5%

- 22.5% + 18.6% - 9.9% - 13.7% + 1.2% - 8.6% January 2023 439 473 -7.2%
February 2023 501 556 -9.9%
12-Month Avg 614 730 -15.9%
2021 2022 2023 2021 2022 2023

Historical Pending Sales by Month


1,200

1,000

800

600

400

200

0
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 4
Closed Sales
A count of the actual sales that closed in a given month.

Closed Sales
February Year to Date Prior Year Percent Change

March 2022 592 557 +6.3%


April 2022 651 624 +4.3%
438 428 May 2022 665 671 -0.9%
974 992
June 2022 814 902 -9.8%
360
July 2022 783 920 -14.9%
725 August 2022 772 889 -13.2%
September 2022 751 861 -12.8%
October 2022 596 810 -26.4%
November 2022 548 776 -29.4%
December 2022 541 751 -28.0%

- 7.0% - 2.3% - 15.9% + 3.2% + 1.8% - 26.9% January 2023 365 564 -35.3%
February 2023 360 428 -15.9%
12-Month Avg 620 729 -15.0%
2021 2022 2023 2021 2022 2023

Historical Closed Sales by Month


1,200

1,000

800

600

400

200
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 5
Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.

Days on Market
February Year to Date Prior Year Percent Change

March 2022 18 23 -21.7%


April 2022 14 19 -26.3%

30 May 2022 16 15 +6.7%


29
June 2022 12 15 -20.0%

23 24 23 July 2022 13 14 -7.1%


22
August 2022 15 14 +7.1%
September 2022 17 16 +6.3%
October 2022 19 16 +18.8%
November 2022 18 18 0.0%
December 2022 25 19 +31.6%

- 54.9% + 4.3% + 25.0% - 52.2% + 4.5% + 26.1% January 2023 28 22 +27.3%


February 2023 30 24 +25.0%
12-Month Avg* 18 17 +5.9%
2021 2022 2023 2021 2022 2023
* Average Days on Market of all properties from March 2022 through February
2023. This is not the average of the individual figures above.

Historical Days on Market Until Sale by Month


120

100

80

60

40

20

0
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 6
Median Sales Price
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.

Median Sales Price


February Year to Date Prior Year Percent Change

March 2022 $280,250 $240,000 +16.8%


April 2022 $280,000 $246,250 +13.7%
$299,275 $300,000 May 2022 $290,000 $250,000 +16.0%
$260,000 $265,000 June 2022 $318,000 $275,000 +15.6%
$227,500 $230,000 July 2022 $300,000 $275,000 +9.1%
August 2022 $315,975 $265,000 +19.2%
September 2022 $299,900 $263,000 +14.0%
October 2022 $296,500 $260,000 +14.0%
November 2022 $300,000 $259,450 +15.6%
December 2022 $289,900 $280,000 +3.5%

+ 13.2% + 14.3% + 15.1% + 18.6% + 15.2% + 13.2% January 2023 $300,000 $270,500 +10.9%
February 2023 $299,275 $260,000 +15.1%
12-Month Med* $297,500 $261,000 +14.0%
2021 2022 2023 2021 2022 2023
* Median Sales Price of all properties from March 2022 through February 2023. This
is not the average of the individual figures above.

Historical Median Sales Price by Month


$350,000

$300,000

$250,000

$200,000

$150,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 7
Average Sales Price
Average sales price for all closed sales, not accounting for seller concessions, in a given month.

Avg. Sales Price


February Year to Date Prior Year Percent Change

March 2022 $321,517 $270,655 +18.8%


$327,117 April 2022 $316,821 $284,932 +11.2%
$299,406 $334,511 May 2022 $337,837 $285,870 +18.2%
$266,386 $307,465 June 2022 $352,041 $313,052 +12.5%
$265,617 July 2022 $352,052 $310,088 +13.5%
August 2022 $357,755 $301,638 +18.6%
September 2022 $338,758 $307,403 +10.2%
October 2022 $324,499 $293,743 +10.5%
November 2022 $329,950 $298,478 +10.5%
December 2022 $346,803 $313,961 +10.5%

+ 15.1% + 12.4% + 9.3% + 20.0% + 15.8% + 8.8% January 2023 $341,803 $313,567 +9.0%
February 2023 $327,117 $299,406 +9.3%
12-Month Avg* $338,591 $300,604 +12.6%
2021 2022 2023 2021 2022 2023
* Avg. Sales Price of all properties from March 2022 through February 2023. This is
not the average of the individual figures above.

Historical Average Sales Price by Month


$400,000

$350,000

$300,000

$250,000

$200,000

$150,000
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 8
Percent of List Price Received
Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a
given month, not accounting for seller concessions.

Pct. of List Price Received


February Year to Date Prior Year Percent Change

March 2022 102.7% 100.5% +2.2%


April 2022 103.2% 101.3% +1.9%
100.3% 101.4% 99.9% 100.2% 101.6% 99.4% May 2022 104.4% 102.7% +1.7%
June 2022 103.8% 102.6% +1.2%
July 2022 102.5% 102.5% 0.0%
August 2022 101.2% 102.0% -0.8%
September 2022 101.2% 101.6% -0.4%
October 2022 100.9% 101.7% -0.8%
November 2022 100.5% 100.9% -0.4%
December 2022 99.2% 101.4% -2.2%

+ 2.6% + 1.1% - 1.5% + 2.7% + 1.4% - 2.2% January 2023 98.9% 101.7% -2.8%
February 2023 99.9% 101.4% -1.5%
12-Month Avg* 101.8% 101.8% 0.0%
2021 2022 2023 2021 2022 2023
* Average Pct. of List Price Received for all properties from March 2022 through
February 2023. This is not the average of the individual figures above.

Historical Percent of List Price Received by Month


106.0%

104.0%

102.0%

100.0%

98.0%

96.0%

94.0%

92.0%
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 9
Housing Affordability Index
This index measures housing affordability for the region. For example, an index of 120 means the median household income is 120% of
what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.

Affordability Index
February Year to Date Prior Year Percent Change

March 2022 151 177 -14.7%


190 April 2022 141 173 -18.5%
166 May 2022 133 172 -22.7%
192 June 2022 118 156 -24.4%
170 July 2022 126 158 -20.3%
115 August 2022 122 164 -25.6%
115 September 2022 119 165 -27.9%
October 2022 111 164 -32.3%
November 2022 114 164 -30.5%
December 2022 120 152 -21.1%

- 1.5% - 11.5% - 32.4% - 5.9% - 12.6% - 30.7% January 2023 118 168 -29.8%
February 2023 115 170 -32.4%
12-Month Avg 0 0 0.0%
2021 2022 2023 2021 2022 2023

Historical Housing Affordability Index by Month


240

220

200

180

160

140

120

100
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 10
Inventory of Homes Available
The number of properties available for sale in active status at the end of a given month.

Inventory
February Prior Year Percent Change

March 2022 582 679 -14.3%


April 2022 682 787 -13.3%
644 May 2022 774 807 -4.1%
June 2022 874 905 -3.4%
501 489 July 2022 928 1,024 -9.4%
August 2022 889 951 -6.5%
September 2022 895 938 -4.6%
October 2022 913 861 +6.0%
November 2022 810 727 +11.4%
December 2022 674 569 +18.5%
January 2023 619 508 +21.9%
- 48.1% - 22.2% - 2.4%
February 2023 489 501 -2.4%
12-Month Avg* 761 771 -1.3%
2021 2022 2023
* Inventory for all properties from March 2022 through February 2023. This is not
the average of the individual figures above.

Historical Inventory of Homes Available by Month


6,000

5,000

4,000

3,000

2,000

1,000

0
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 11
Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.

Months Supply
February Prior Year Percent Change

March 2022 0.8 1.0 -20.0%


April 2022 0.9 1.0 -10.0%
0.9
May 2022 1.1 1.0 +10.0%
0.8 June 2022 1.2 1.2 0.0%
0.7 July 2022 1.3 1.4 -7.1%
August 2022 1.3 1.3 0.0%
September 2022 1.3 1.3 0.0%
October 2022 1.4 1.2 +16.7%
November 2022 1.3 1.0 +30.0%
December 2022 1.1 0.8 +37.5%

- 47.1% - 22.2% + 14.3% January 2023 1.0 0.7 +42.9%


February 2023 0.8 0.7 +14.3%
12-Month Avg* 1.1 1.0 +10.0%
2021 2022 2023
* Months Supply for all properties from March 2022 through February 2023. This is
not the average of the individual figures above.

Historical Months Supply of Inventory by Month


14.0

12.0

10.0

8.0

6.0

4.0

2.0

0.0
1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 1-2021 1-2022 1-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 12
Activity by School District
New Listings, Closed Sales, and Average Sales Price are based on year-to-date (YTD) figures. Homes for Sale is based on monthly figures.

New Listings Pending Sales Closed Sales Avg. Sales Price Inventory
YTD 2022 YTD 2023 +/– YTD 2022 YTD 2023 +/– YTD 2022 YTD 2023 +/– YTD 2022 YTD 2023 +/– 2-2022 2-2023 +/–

Lehigh and Northampton


1,186 952 -19.7% 1,029 940 -8.6% 992 725 -26.9% $307,465 $334,511 +8.8% 501 489 -2.4%
County School Districts
Allentown 216 134 -38.0% 174 141 -19.0% 169 107 -36.7% $201,987 $215,121 +6.5% 77 49 -36.4%
Catasauqua 25 16 -36.0% 23 14 -39.1% 25 12 -52.0% $277,637 $241,053 -13.2% 14 9 -35.7%
East Penn 106 96 -9.4% 101 99 -2.0% 81 81 0.0% $367,594 $377,988 +2.8% 35 39 +11.4%
Northern Lehigh 27 23 -14.8% 22 21 -4.5% 24 14 -41.7% $236,033 $234,786 -0.5% 9 12 +33.3%
Northwestern Lehigh 18 12 -33.3% 14 11 -21.4% 17 9 -47.1% $447,679 $511,778 +14.3% 16 14 -12.5%
Parkland 100 82 -18.0% 107 91 -15.0% 100 74 -26.0% $395,354 $410,398 +3.8% 43 73 +69.8%
Salisbury 40 23 -42.5% 32 22 -31.3% 25 18 -28.0% $343,560 $398,406 +16.0% 13 15 +15.4%
Southern Lehigh 38 45 +18.4% 27 42 +55.6% 30 33 +10.0% $447,026 $535,487 +19.8% 25 41 +64.0%
Whitehall 50 35 -30.0% 40 40 0.0% 37 40 +8.1% $255,362 $306,359 +20.0% 19 21 +10.5%
Bangor Area 38 38 0.0% 31 29 -6.5% 28 23 -17.9% $271,579 $326,887 +20.4% 25 23 -8.0%
Bethlehem 184 171 -7.1% 154 165 +7.1% 169 107 -36.7% $313,058 $307,971 -1.6% 81 64 -21.0%
Easton 147 103 -29.9% 119 99 -16.8% 102 82 -19.6% $304,388 $320,298 +5.2% 54 57 +5.6%
Nazareth 60 42 -30.0% 55 48 -12.7% 39 24 -38.5% $412,119 $361,867 -12.2% 26 14 -46.2%
Northampton 55 82 +49.1% 57 69 +21.1% 84 49 -41.7% $288,867 $313,072 +8.4% 25 31 +24.0%
Pen Argyl 16 11 -31.3% 17 10 -41.2% 12 8 -33.3% $241,375 $297,875 +23.4% 8 4 -50.0%
Saucon Valley 33 19 -42.4% 27 19 -29.6% 21 22 +4.8% $335,748 $449,655 +33.9% 16 11 -31.3%
Wilson 33 20 -39.4% 29 20 -31.0% 29 22 -24.1% $273,990 $345,322 +26.0% 15 12 -20.0%
Carbon County* 123 112 -8.9% 110 103 -6.4% 114 75 -34.2% $203,834 $231,841 +13.7% 83 82 -1.2%
Jim Thorpe 42 45 +7.1% 43 40 -7.0% 37 27 -27.0% $237,119 $267,678 +12.9% 29 48 +65.5%
Lehighton 31 24 -22.6% 25 23 -8.0% 27 20 -25.9% $197,780 $238,808 +20.7% 19 13 -31.6%
Palmerton 17 22 +29.4% 19 19 0.0% 22 14 -36.4% $252,209 $266,107 +5.5% 7 13 +85.7%
Panther Valley 21 15 -28.6% 14 14 0.0% 20 10 -50.0% $77,178 $99,538 +29.0% 23 4 -82.6%
Weatherly 10 6 -40.0% 7 7 0.0% 7 3 -57.1% $254,500 $140,502 -44.8% 5 4 -20.0%
* Carbon County data includes listings in the Hazelton Area School District, which is not a school district in GLVR's footprint.

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 13
Lender-Mediated Activity
Metrics are based on year-to-date (YTD) figures. Lender-mediated properties are those marked as "Foreclosed," "REO," "Bank Owned," "Pre-Foreclosure" or "Short Sale."
Residential activity only. The YTD data point represents all traditional and lender-mediated activity. Share is the market share of lender-mediated activity for each area.

Inventory Closed Sales Median Sales Price (YTD) Avg. Sales Price (YTD)
02-2023 Lender-Mediated Share YTD 2023 Lender-Mediated Share Traditional +/– Lender-Mediated +/– Traditional +/– Lender-Mediated +/–

Lehigh and Northampton


489 6 1.2% 725 10 1.4% $300,000 +13.2% $189,500 -41.7% $336,758 +9.5% $173,850 -46.5%
County School Districts
Allentown 49 2 4.1% 107 5 4.7% $203,500 +8.0% $194,000 -- $217,789 +7.8% $160,700 --
Catasauqua 9 0 0.0% 12 0 0.0% $218,000 -12.8% $0 -- $241,053 -13.2% $0 --
East Penn 39 0 0.0% 81 1 1.2% $347,500 +3.7% $225,000 -- $379,900 +3.3% $225,000 --
Northern Lehigh 12 0 0.0% 14 0 0.0% $245,000 +11.4% $0 -100.0% $234,786 +1.1% $0 -100.0%
Northwestern Lehigh 14 0 0.0% 9 0 0.0% $460,000 +4.0% $0 -- $511,778 +14.3% $0 --
Parkland 73 0 0.0% 74 0 0.0% $377,500 +1.8% $0 -- $410,398 +3.8% $0 --
Salisbury 15 0 0.0% 18 0 0.0% $345,000 +1.5% $0 -- $398,406 +16.0% $0 --
Southern Lehigh 41 0 0.0% 33 0 0.0% $499,900 +22.4% $0 -- $535,487 +19.8% $0 --
Whitehall 21 0 0.0% 40 0 0.0% $299,775 +17.6% $0 -- $306,359 +20.0% $0 --
Bangor Area 23 1 4.3% 23 0 0.0% $316,000 +33.3% $0 -- $326,887 +20.4% $0 --
Bethlehem 64 1 1.6% 107 4 3.7% $292,723 +14.8% $182,500 -- $313,037 -0.0% $177,500 --
Easton 57 1 1.8% 82 0 0.0% $303,000 +9.0% $0 -- $320,298 +5.2% $0 --
Nazareth 14 0 0.0% 24 0 0.0% $316,500 -14.5% $0 -- $361,867 -12.2% $0 --
Northampton 31 1 3.2% 49 0 0.0% $295,000 +15.7% $0 -- $313,072 +8.4% $0 --
Pen Argyl 4 0 0.0% 8 0 0.0% $302,500 +35.3% $0 -- $297,875 +23.4% $0 --
Saucon Valley 11 0 0.0% 22 0 0.0% $355,000 +24.6% $0 -- $449,655 +33.9% $0 --
Wilson 12 0 0.0% 22 0 0.0% $250,500 +8.9% $0 -- $345,322 +26.0% $0 --
Carbon County* 82 2 2.4% 75 3 4.0% $232,500 +16.3% $122,507 -- $234,911 +15.2% $159,169 --
Jim Thorpe 48 1 2.1% 27 1 3.7% $280,500 +12.2% $115,000 -- $273,550 +15.4% $115,000 --
Lehighton 13 0 0.0% 20 0 0.0% $170,000 0.0% $0 -- $238,808 +20.7% $0 --
Palmerton 13 0 0.0% 14 1 7.1% $257,000 +14.2% $240,000 -- $268,115 +6.3% $240,000 --
Panther Valley 4 0 0.0% 10 0 0.0% $80,000 +14.7% $0 -- $99,538 +29.0% $0 --
Weatherly 4 1 25.0% 3 1 33.3% $149,500 -39.0% $122,507 -- $149,500 -41.3% $122,507 --
* Carbon County data includes listings in the Hazelton Area School District, which is not a school district in GLVR's footprint.

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 14
Carbon County Activity Overview
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.

Percent Change from Percent Change from


Key Metrics Historical Sparkbars 2-2022 2-2023 Previous Year YTD 2022 YTD 2023 Previous Year

New Listings 61 53 - 13.1% 123 112 - 8.9%


2-2020 2-2021 2-2022 2-2023

Pending Sales 58 62 + 6.9% 110 103 - 6.4%


2-2020 2-2021 2-2022 2-2023

Closed Sales 51 36 - 29.4% 114 75 - 34.2%


2-2020 2-2021 2-2022 2-2023

Days on Market 36 28 - 22.2% 29 37 + 27.6%


2-2020 2-2021 2-2022 2-2023

Median Sales Price $225,000 $232,500 + 3.3% $200,000 $231,750 + 15.9%


2-2020 2-2021 2-2022 2-2023

Average Sales Price $213,674 $243,237 + 13.8% $203,834 $231,841 + 13.7%


2-2020 2-2021 2-2022 2-2023

Pct. of List Price Received 98.4% 97.2% - 1.2% 98.5% 96.5% - 2.0%
2-2020 2-2021 2-2022 2-2023

Housing Affordability Index 147 113 - 23.1% 166 113 - 31.9%


2-2020 2-2021 2-2022 2-2023

Inventory 83 82 - 1.2% -- -- --
2-2020 2-2021 2-2022 2-2023

Months Supply 1.2 1.3 + 8.3% -- -- --


2-2020 2-2021 2-2022 2-2023

Current as of March 10, 2023. Data © 2023 Greater Lehigh Valley Realtors® MLS. Report © 2023 ShowingTime. | 15

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