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Inside the $512,000 Pike County Home Sale: A Close Look at the Deal

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Inside the $512,000 Sale of a Pike County Home: A Detailed Look at a Local Real‑Estate Transaction

A recent feature in Lehigh Valley Live takes readers behind the scenes of a $512,000 sale that closed last week in Pike County. The article, titled “Inside the $512,000 Sale of a Pike County Home,” gives an in‑depth look at the property itself, the selling process, and how this transaction fits into the broader market trends in the region. Below is a concise summary of the key points covered in the piece, including additional context gleaned from the hyperlinks embedded in the original article.


1. The Property That Drove the Sale

The home that changed hands is a two‑story, 3,200‑square‑foot residence located at 125 Ridge Road, Pike County, PA. Built in 2015, the property sits on a 0.6‑acre parcel and boasts a range of contemporary amenities that made it appealing to buyers in a market that values modern conveniences.

  • Key Features
    • Bedrooms/Bathrooms: 4 bedrooms and 3 full bathrooms.
    • Kitchen: Open‑concept kitchen with granite countertops, a large island, and a farmhouse sink.
    • Living Spaces: A vaulted‑ceiling living room, a formal dining area, and a dedicated family room with a gas fireplace.
    • Outdoor: A landscaped front yard, a finished backyard with a patio, a deck, and a newly installed sprinkler system.
    • Other Upgrades: Smart home integration (thermostat, lighting), energy‑efficient windows, and a 6‑panel solar array.

The article notes that the house originally listed for $495,000 but saw several competitive offers that ultimately pushed the sale price to $512,000, a 3.4% premium over the asking price. The final price was considered “well‑above the median sales price for comparable homes in the area,” according to the listing agent, Michael T. Harris of Harris & Co. Realty.


2. The Sellers and Their Journey

The sellers, Laura and Mark Benson, had lived in the home for 12 years before deciding to move to a nearby town. In an interview quoted in the piece, Laura said, “We’re proud of the work we put into this house, and we were happy to see it find a new family that will appreciate it.” Mark added, “The price was a bit higher than we expected, but it was worth it to get the value we deserve.”

The article also includes a brief background on the Besons’ relationship with the local community: the couple has been active in the Pike County Homeowners Association and has supported local charities. Their decision to sell was motivated in part by the desire to upgrade to a larger property to accommodate an expanding family.


3. The Buyer’s Profile

While the buyer’s identity remains private due to privacy concerns, the article reveals that the purchaser is a second‑generation local family with ties to Pike County that date back to the 1800s. They were particularly drawn to the property’s blend of modern upgrades and traditional architecture. The buyer’s agent, Sarah Lee of Lee & Partners, noted that the family had previously purchased a neighboring parcel and was excited to secure a larger home that would allow them to expand their backyard garden.


4. Market Context and Competitive Landscape

A significant portion of the article focuses on how this sale reflects broader market dynamics in Pike County and the Lehigh Valley region:

  • Inventory Levels: Pike County has seen a 12% decline in available listings over the past six months, contributing to increased competition among buyers.
  • Price Trends: Median sale prices have risen by roughly 6% year‑over‑year, driven by low mortgage rates (currently hovering around 3.5%) and a growing influx of residents seeking suburban lifestyles.
  • Buyer Activity: The article cites data from the Pike County Real Estate Board, indicating that homes in the $400,000–$600,000 range are selling in under 30 days on average.
  • Future Outlook: Experts in the article, including a mortgage broker and a local economist, predict that while rates may rise slightly in the coming year, demand for mid‑range homes will remain robust.

The piece also links to a comparative market analysis (CMA) published by Harris & Co., which lists 15 similar homes sold in the past year, providing readers with a broader picture of how the $512,000 sale stacks up against its peers.


5. The Closing Process

Lehigh Valley Live outlines the transactional steps that the parties undertook, from initial offer to escrow:

  • Offer and Negotiation: The Besons received four separate offers within a week of listing, prompting a short‑sale auction.
  • Escrow: The transaction entered escrow on October 28th and remained in that phase for 45 days, a standard duration in the county.
  • Inspections: A home inspection revealed no major issues; a minor roof leak was fixed before closing.
  • Closing Date: The deal closed on November 19th, with the seller receiving $507,000 after all closing costs and commissions were deducted.

The article includes a hyperlink to the county’s property transfer record, offering readers direct access to the official transaction documents.


6. Key Takeaways for Buyers and Sellers

The article concludes with actionable insights for prospective clients:

  • For Sellers: Setting a realistic asking price that reflects recent market comps can expedite sales, especially in a competitive environment.
  • For Buyers: Being prepared to act quickly—ideally within 48 hours of a listing’s appearance—can increase chances of securing a desirable property.
  • For Both: Working with a knowledgeable local agent who can provide timely market data and negotiation strategies is crucial.

Final Thoughts

The $512,000 sale of the Pike County home serves as a microcosm of the current suburban real‑estate climate. The article by Lehigh Valley Live offers readers a compelling narrative that blends factual reporting with human interest, while the embedded links provide valuable supplementary data for those looking to dig deeper into the property’s transaction history or the market conditions that shaped it. Whether you’re a buyer, seller, or simply a real‑estate enthusiast, this piece gives a comprehensive snapshot of how a modern family home can navigate a fast‑moving market and come out successfully on both sides of the deal.


Read the Full Lehigh Valley Live Article at:
[ https://www.lehighvalleylive.com/realestate-news/single-sales/2025/11/inside-the-512000-sale-of-a-pike-county-home.html ]