New Downward Trend in Contracts for Lehighton Real Estate Market

Sales dropped in the Lehighton market to one home sold over the last 30 days. It's also under a confirmed downward trend in the number of contracts closing, with this week's number falling to one. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices are coming down in Lehighton, and for this period the median sales price slid from $107,500 to $27,000. A downturn in contracts, coupled with the availability of seven months of inventory, prove that Lehighton is a definite buyer's market.

Looking to get the most out of your money? Check out these bargain listings in Lehighton that recently had price cuts:

$139K   $110K   $122K  

Get started right now by checking out Lehighton homes for sale or reviewing Lehighton real estate trends.

Demographic facts about Lehighton:

  • The median house value here is $122,900.
  • Average number of rainy days is 116 per year. (U.S. average: 100)
  • The area's unemployment rate is 10.1%.
  • The students per teacher ratio in this area is 13.7:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
AMI BEACHES REAL ESTATE
Snapped 3 homes in this area

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