* Month in Review: Comparison of Activity from March 2011 to April 2011 Number of sales – During April 2011, 334 sales were reported which is a 13% decreased compared to March 2011 at 382.
Average Market Time – The average time on the market for properties sold during April 2011 was 96 days, which is a decreased compared to March 2011 at 110 days.
List Price to Sold Price Ratio: The average sales price compared to list price for residential properties sold during the month of April 2011 is 95%, which is a decrease compared to March 2011 at 96%.
Year in Review: Comparison of Activity from April 2010 to April 2011: Number of Sales – During April 2011, 334 sales were reported, down approximately 36% from April 2010 at 518.
Average Market Time – The average time on the market for properties sold during April 2011 was 96 days, which is an increase compared to March 2010 at 79.
For more info contact me at: findit@LehighValleyRealty.com
* Information from LVAR
Saturday, May 14, 2011
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