LEHIGH VALLEY, Pa. – How low will it go?
The inventory of homes-for-sale in a large swath of the 69 News viewing area is hovering near a historic low, according to the Greater Lehigh Valley REALTORS (GLVR).
On Thursday the group released its latest batch of data on the real estate market in Lehigh, Northampton and Carbon counties.
Not much has changed since last month. Or the month before that. And on and on. Inventory is down. Prices are up.
“December’s numbers reinforce what REALTORS across the Greater Lehigh Valley continue to experience on the ground: buyer demand remains steady, but supply is still extremely limited,” said GLVR CEO Justin Porembo, in a news release.
Inventory declined 9.3 percent from December of 2024 to December of 2025, with 605 units available across Lehigh and Northampton counties.
Also, the median sales price increased 2.3 percent to $337,500, up from $329,950, GLVR said. The statistic known as months supply of inventory- a measure of supply and demand- shows a drop of 8.3 percent to 1.1 months. Five to six months is typically associated with a healthy inventory.
In Carbon County, the median sales price rose to $286,000, GLVR reported. New listings fell by one to 43. Inventory fell to 134 units, resulting in a months supply of inventory of 2.3 months.
GLVR is finding a silver lining in moderating price growth and improving pending sales, which, the agency said, show momentum heading into 2026.
Another bright spot for buyers: national trends suggest modest relief from mortgage rate volatility, GLVR said.
This week, the average 30-year fixed mortgage rate was 6.06%, according to Freddie Mac. That’s the lowest average since September of 2022.
At this time last year, the average 30-year fixed rate was 7.04%.