LEHIGH VALLEY, Pa. – One may truly be the loneliest number for potential home buyers in the Lehigh Valley region.
According to the latest data released by the Greater Lehigh Valley Realtors (GLVR) association, the months supply of inventory for February 2026 slipped to just one month.
Why is that significant?
The measurement is used to gauge supply versus demand; it’s an assessment of how long it would take to sell all available homes in a market if no new listings were added.
In other words, if no more homes in Lehigh and Northampton counties were put up for sale, what’s already on the market would be gone in a month.
A healthy months supply of inventory is typically five to six months, according to the National Association of Realtors. Anything below five months is considered a sellers’ market, which will come as no surprise to those who have been shopping in vain for a new place in the Lehigh Valley.
According to GLVR data, the figure has been low for a while now, but’s it’s been about a year (February and March of 2025) since it dropped to an even one month.
The highest the measurement has been over the past year was in July of 2025, when months supply of inventory was recorded at 1.6 months.
“Until inventory improves, many buyers will continue to face limited choices, though easing mortgage rates and wage growth are beginning to create more favorable conditions for entering the market,” said GLVR CEO Justin Porembo.
Other highlights
Closed sales in February 2026 decreased nearly 16% to 334 listings in Lehigh and Northampton counties, GLVR reported.
Also, inventory declined nearly 9%, with 550 units available across both counties.
The median sales price almost 5% percent to $333,500, down from $349,900.
In Carbon County, the median sales price decreased to $219,100. Inventory fell to 109 units, resulting in a months supply of inventory of 1.9 months, GLVR said.