Realty Times - Philadelphia, Pennsylvania Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Pennsylvania > Philadelphia
Overbrook Farms - St Davids - Germantown

Market Conditions Summary for Philadelphia, Pennsylvania

Reported by
Danny Cachuela
as of 1/18/2012:

Below are the statistics in Philadelphia County during this month: Average Sales Price: $180,456 One-Year Average Price Change: -0.6% One-Year Change in Average Volume: -10.0% More market condition and "trend" information is... MORE->
About Danny Cachuela

Reported by

Marie Meglio
as of 11/15/2011:

A slowing in the market is expected where Buyers and Sellers are seeing real bargains and a good opportunity with interest rates at an all time low. Buyers seeking sleek city condos or hip new fringe neighborhood townhomes or "rows"' This is the... MORE->
About Marie Meglio

Reported by
mark cumberland
as of 6/20/2011:

Since 2000, the center city district's numbers show, the population of Philadelphia's expanding core has climbed to 93,000, from 78,900. Thirty percent of those residents fall into 25-to-34 age group. The median age of U.S. home buyers is 39, the... MORE->

Reported by
Brian Yoak
as of 12/8/2010:

Prices are down in the area however the Philadelphia area did not see the price crash that other parts of the country have... MORE->

Reported by
Jack J Simpson
as of 11/13/2010:

Timing is Great for making your mark. As a long term asset, housing may never be this affordable again. Money to borrow is a record low rates! Market pricing has stabilized and in alot of areas has rebounded upward. Buy where you want,Improve what... MORE->

Reported by
Fred Glick
as of 6/9/2010:

Even after the tax credit, Center City continues to have buyers because of a balanced job market and growing... MORE->

Average Current Market Rating: 2 (6 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.5 (6 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Pennsylvania > Philadelphia
Overbrook Farms - St Davids - Germantown

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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