Real Estate News and Advice
December 1, 2009
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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.


Market Conditions Summary for Philadelphia, Pennsylvania


Reported by

Marie Meglio
as of 11/1/2009:
Both Buyers and Sellers are seeing real bargains and a good opportunity with interest rates at an all time low. First time home buyers seek sleek city condos or hip new fringe neighborhood townhomes or "rows"' This is the high point for moving... MORE->
About Marie Meglio

Reported by

Danny Cachuela
as of 10/5/2009:
Below are the statistics in Philadelphia County during this month: Average Sales Price: $178,954 One-Year Average Price Change: -4.5% One-Year Change in Average Volume: -12.0% More market condition and "trend" information is... MORE->
About Danny Cachuela

Reported by

Marlene Goldberg
as of 9/10/2009:
For Philadelphia county, the number of homes on the market is down 7.4% from the same time last year. The number of pending transactions is UP 4.4% from the same time last year. The number of settled properties is down 6.2%, total settled volume is... MORE->
About Marlene Goldberg


Average Current Market Rating: 2    (3 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.3    (3 ratings)




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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: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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