The Greater Lehigh Valley Realtors (GLVR) has reported that the September data reveals one of the healthiest housing markets in many years in the region is continuing. An anticipated interest rate increase did not occur, although it is still expected before the end of the year.

Closed sales increased 5.3 percent in September to 612, compared to 581 in September 2014.

September was the first month in three months that closed sales did not increase in double digits.

“We expect to be heading into the typical seasonal drop-off,” said Chris Raad, President, GLVR. “But with all indicators showing strength, that’s all we expect to see.”

Closed sales are up 14.6 percent year-to-date for 2015 to 5,506, compared to 4,806 year-to-date for 2014.

In 2015, closed sales increased by double digits in August, July, June, April and March, by single digits in February and January and declined by single digits in May.

“Positive economic news is coming from all sides,” said Michael Naratil, MLS Director, GLVR. “The job market continues to improve, earnings are up, and the housing market is showing solid, stable growth.”

Pending sales increased 20.6 percent in September to 692, from 574 for September 2014.

Pending sales year-to-date are up 17.9 percent, to 6,114 from 5,186 in September 2014.

Days on the market decreased 8.6 percent to 64 in September from 70 in September 2014.

The months supply decreased 34 percent to 6.4 months in September from 9.7 months in September 2014.

Inventory was down 24.2 percent in September to 4,024 from 5,311 in September 2014.

New listings were down 3.9 percent to 1,050 in September from 1,093 in September 2014.

Prices softened with the average sales price dropping 5.1 percent to $201,376 from $212,121 in September 2014.

The median sales price dropped 4 percent to $170,000 in September from $177,000 in September 2014.

The percentage of list price received stayed at 96.4 percent in September, compared to September 2014.

The affordability index rose 11.1 percent to 200.

Here’s an overview of Lehigh Valley house sales in 2015:

Closed house sales in August increased 12.8 percent to 767 from 680 in August 2014.

Closed sales in July increased 13.8 percent to 774 from 680 in July 2014.

Closed sales in June increased 15.6 percent to 779 from 674 in June 2014.

Closed sales in May declined 2.8 percent to 596, down from 613 in May 2014.

Closed sales in April increased 10.5 percent to 507 from 459 in April 2014.

Closed sales in March increased 19 percent to 514 from 432 in March 2014.

Closed sales in February increased 4.3 percent to 339 from 325 in February 2014.

Closed sales in January increased 5.7 percent to 373 from 353 in January 2014.

The Carbon County data showed a 24.5 percent drop in closed sales, and a 48.4 percent increase in pending sales. New listings rose 9.5 percent to 69 and the average sales price increased 19 percent to $127,517.

The monthly housing data is collected by the GLVR from its Multiple Listing Service, a comprehensive database that includes housing market information from its more than 2,000 Realtor members.

The GLVR is a not-for-profit trade association providing professional development and training resources, competitive market information, legislative advocacy, a peer review and mediation process for members, and a dispute resolution service for consumers.

The GLVR owns and operates the Greater Lehigh Valley Multiple Listing Service, the Greater Lehigh Valley Real Estate Academy and is publisher of Greater Lehigh Valley Real Estate Weekly.