The South Whitehall Township real estate market is heating up!
The second half of 2022 saw a slight decline across Lehigh Valley due to the sharp rise in interest rates heading into the holiday season. However, even though the rates are higher, they seem to be stabilizing, and now that the new year is here buyers are very active in South Whitehall Township.
As of January 2023, there are currently only 22 homes listed for sale in South Whitehall and, with median sale price being approximately $355,000 with the average days on market right around 90 days. But that number is a little skewed by some of the higher and lower priced homes that have been on the market longer than normal.
For most homes, in good condition and priced correctly the average days on market across the Lehigh Valley remains around 25 days and the average sold price still hovers around 99.2% of this price. we are still very much in a strong sellers market, not a lot of inventory, but a good supply of buyers looking for competitively priced homes.
In contrast to the 22 available homes, there are currently 24 homes under contract in South Whitehall Township. The median sales price for all homes currently under contract is $381,000 and the average days on market for these homes is 39 days. Again that time frame is skewed by a few properties that remained on the market longer than others.
South Whitehall Township remains a popular destination for home buyers in the Lehigh Valley. Many buyers are attracted to Parkland school district, lower property, taxes, and the more suburban. Feel that South Whitehall Township offers.
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