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Lower Saucon & Hellertown share the same zip, why have prices dropped in H-town while rising in LS

You can only pull up Lower Saucon prices if you don't use a zipcode. If you use the correct zip but live in Lower Saucon it screws your house value up
  • November 25 2009 - Lower Saucon Township
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Answers (1)

Lower Saucon and Hellertown have a very different character in housing Hellertown being in town with smaller lots and smaller houses than Lower Saucon with comparitively larger houses and lots. Regardless of that difference the market is down for both areas and after doing some research prices are actualy 6% higher in Hellertown than in Lower Saucon compared to 2 years ago.

In LS 2 years ago in a 6 month period 67 houses SOLD with the average price being $453,662
In LS back 6 months from today 45 houses SOLD, average price being
$358,532.00 a $95,130 difference in 2 years! or a 21% drop.
So list prices are higher in Lower Saucon because of the character of the housing but in real time SOLD listings Hellertown is up because of the lower price range.

Now, in Hellertown 2 years ago in 6 months 38 houses SOLD
with an average price of $208,520
And 6 months back from today 25 houses SOLD for an average
price of $178,040 which is a $30,480 difference or a 15% drop.
  • November 25 2009
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