Archive for the ‘Graduate Hospital Area’ Category

It’s not Thursday, but whose thirsty? Center City Sips is 2 weeks in, and bigger than ever! In case you missed it, [Center City] Sips kicked off June 5th, featuring citywide food & beverage specials every Wednesday [5-7 pm] all summer long.  Sips’ standard deal incorporates “$5 cocktails, $4 wine, $3 beer & half-priced apps” into participating locations’ happy hour menus.

The cherry on top? Free Center City parking each Wednesday [after 5 pm] as well! For a list of all participating restaurants, pubs, waterholes, etc. & additional specials, just click here.  Enjoy the happiest hour(s) of the week, all summer long Philly! For further information follow Center City City on twitter, @CCDSips.  See you out there!

Center City Sips [image via FooBooz]

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Some highlights from our June 2nd market update. Conditions indicate a seller’s market in the Philadelphia area. For further details, head over to our Market Activity homepage.

Market Update Excerpt [June 2, 2013, via Altos Research]

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

720 S. 15th St. Philadelphia, PA 19146

Graduate Hospital

A well maintained Gradate Hospital triplex is a rare find these days!   Check out these features:

• Beautifully renovated property, rehabbed in 2007.
• Zoned a triplex and each unit is separately metered, includes private washers and dryers, and updated kitchens and bathrooms.
• Just steps from Broad St, public transportation, and the 1500 block of South Street with all the great restaurants and bars it has to offer.
• Only a short walk to Rittenhouse Square and very ideal for those commuting to and from Penn’s campus.

Don’t miss this great investment opportunity.

See all the details for 720 S. 15th St. Philadelphia, PA 19146 or check out all Graduate Hospital Real Estate For Sale.

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Southwest Center City aka “SoSo” is the large area that spans from South St. to Washington Avenue and Broad St to the Schuykill River. It is the neighbor north to the high-end neighborhoods or Rittenhouse and Fitler Square. This ever changing neighborhood goes by many names, most frequently it is referred to as Graduate Hospital or Grad Hospital, after the old Hospital on South & 18th Streets that Penn has since taken over. It is also called G-Ho, South of South, SoSo, and Naval Square.

Recently the area has experienced much growth and gentrification. An area once known for its crime and hot drug corners, is now known for its restaurants and bars.  As the birthplace of both Marian Anderson and Billie Holiday, it is no surprise that some of the best live music venues in Philadelphia, Bob and Barbara’s, and Tritones are located here.

Hundreds of homes and condos have been built or refurbished and it now has some of the hottest real estate in Center City. Moreover, meter free parking abounds throughout this neighborhood, which is a nice change from the $300 a month parking garages just up the street in Rittenhouse Square!

Here is Philly’s most complete list of Graduate Hospital Homes For Sale with Parking:

• Graduate Hospital Homes For Sale with Parking  -$300,000
• Graduate Hospital Homes For Sale with Parking $300,000 – $400,000
• Graduate Hospital Homes For Sale with Parking $400,000 – $500,000
• Graduate Hospital Homes For Sale with Parking $500,000 – $600,000
• Graduate Hospital Homes For Sale with Parking $600,000 – $700,000
• Graduate Hospital Homes For Sale with Parking $700,000+

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Here are some amazing homes around the country listed just under $200K.  Check out similar priced homes in Philly!  Here is every active Philadelphia Real Estate Listings just below $200,000.

Or search by ANY Neighborhood:

• Rittenhouse Square Real Estate Listings under $200,000
• Society Hill Real Estate Listings under $200,000
• Washington Square Real Estate Listings under $200,000
• Art Museum Area Real Estate Listings under $200,000
• Avenue of the Arts Real Estate Listings under $200,000
• Bella Vista Real Estate Listings under $200,000
• Chinatown Real Estate Listings under $200,000
• Fishtown Real Estate Listings under $200,000
• Northern Liberties Real Estate Listings under $200,000
• Graduate Hospital Real Estate Listings under $200,000
• Fitler Square Real Estate Listings under $200,000
• Old City Real Estate Listings under $200,000
• Queen Village Real Estate Listings under $200,000
• Powelton Village Real Estate Listings under $200,000
• University City Real Estate Listings under $200,000
• South Philadelphia Real Estate Listings under $200,000
• East Passyunk Real Estate Listings under $200,000
• Girard Estate Real Estate Listings under $200,000
• Marconi Park Real Estate Listings under $200,000
• Newbold Real Estate Listings under $200,000
• Passyunk Square Real Estate Listings under $200,000
• Pennsport Real Estate Listings under $200,000
• Whitman Real Estate Listings under $200,000

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Come check out these Philadelphia Real Estate Open Houses this Sunday, March 11th.

• 626 S. 16th St. #3 Philadelphia, PA 19130 - $314,900 – Graduate Hospital - 10am-12pm
• 1215 N. Randolph St. #1 Philadelphia, PA 19122 - $199,900 – Northern Liberties - 10am-12pm
• 630 Bainbridge St. Philadelphia, PA 19147 – $429,000 - Bella Vista - 1-3pm
• 1631 Kater St. Philadelphia, PA 19146 - $600,000 - Graduate Hospital – 11am-3pm

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Visit msnbc.com for breaking news, world news, and news about the economy

Those are some amazing homes around the country listed just under $300K!  Check out similar priced homes in Philly!  Here is every active Philadelphia Real Estate Listings just below $300,000.

Or search by ANY Neighborhood:

• Rittenhouse Square Real Estate Listings under $300,000
• Society Hill Real Estate Listings under $300,000
• Washington Square Real Estate Listings under $300,000
• Art Museum Area Real Estate Listings under $300,000
• Avenue of the Arts Real Estate Listings under $300,000
• Bella Vista Real Estate Listings under $300,000
• Chinatown Real Estate Listings under $300,000
• Fishtown Real Estate Listings under $300,000
• Northern Liberties Real Estate Listings under $300,000
• Graduate Hospital Real Estate Listings under $300,000
• Fitler Square Real Estate Listings under $300,000
• Old City Real Estate Listings under $300,000
• Queen Village Real Estate Listings under $300,000
• Powelton Village Real Estate Listings under $300,000
• University City Real Estate Listings under $300,000
• South Philadelphia Real Estate Listings under $300,000
• East Passyunk Real Estate Listings under $300,000
• Girard Estate Real Estate Listings under $300,000
• Marconi Park Real Estate Listings under $300,000
• Newbold Real Estate Listings under $300,000
• Passyunk Square Real Estate Listings under $300,000
• Pennsport Real Estate Listings under $300,000
• Whitman Real Estate Listings under $300,000

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Here are some amazing homes around the country listed just under $400K.  Check out similar priced homes in Philly!  Here is every active Philadelphia Real Estate Listings just below $400,000.

Or search by ANY Neighborhood:

• Rittenhouse Square Real Estate Listings under $400,000
• Society Hill Real Estate Listings under $400,000
• Washington Square Real Estate Listings under $400,000
• Art Museum Area Real Estate Listings under $400,000
• Avenue of the Arts Real Estate Listings under $400,000
• Bella Vista Real Estate Listings under $400,000
• Chinatown Real Estate Listings under $400,000
• Fishtown Real Estate Listings under $400,000
• Northern Liberties Real Estate Listings under $400,000
• Graduate Hospital Real Estate Listings under $400,000
• Fitler Square Real Estate Listings under $400,000
• Old City Real Estate Listings under $400,000
• Queen Village Real Estate Listings under $400,000
• Powelton Village Real Estate Listings under $400,000
• University City Real Estate Listings under $400,000
• South Philadelphia Real Estate Listings under $400,000
• East Passyunk Real Estate Listings under $400,000
• Girard Estate Real Estate Listings under $400,000
• Marconi Park Real Estate Listings under $400,000
• Newbold Real Estate Listings under $400,000
• Passyunk Square Real Estate Listings under $400,000
• Pennsport Real Estate Listings under $400,000
• Whitman Real Estate Listings under $400,000

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Here are some amazing homes around the country listed just under $200K.  Check out similar priced homes in Philly!  Here is every active Philadelphia Real Estate Listings just below $200,000.

Or search by ANY Neighborhood:

• Rittenhouse Square Real Estate Listings under $200,000
• Society Hill Real Estate Listings under $200,000
• Washington Square Real Estate Listings under $200,000
• Art Museum Area Real Estate Listings under $200,000
• Avenue of the Arts Real Estate Listings under $200,000
• Bella Vista Real Estate Listings under $200,000
• Chinatown Real Estate Listings under $200,000
• Fishtown Real Estate Listings under $200,000
• Northern Liberties Real Estate Listings under $200,000
• Graduate Hospital Real Estate Listings under $200,000
• Fitler Square Real Estate Listings under $200,000
• Old City Real Estate Listings under $200,000
• Queen Village Real Estate Listings under $200,000
• Powelton Village Real Estate Listings under $200,000
• University City Real Estate Listings under $200,000
• South Philadelphia Real Estate Listings under $200,000
• East Passyunk Real Estate Listings under $200,000
• Girard Estate Real Estate Listings under $200,000
• Marconi Park Real Estate Listings under $200,000
• Newbold Real Estate Listings under $200,000
• Passyunk Square Real Estate Listings under $200,000
• Pennsport Real Estate Listings under $200,000
• Whitman Real Estate Listings under $200,000

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Come check out some Philadelphia Real Estate Open Houses this Sunday, February 12th.

• 433 Spruce St. Philadelphia, PA 19106 – $895,000 – Society Hill: 12-2pm
• 626 S. 16th St. Philadelphia, PA 19146 - $314,900 – Graduate Hospital – 2-3:30pm
• 844 N. 29th St. #119 Philadelphia, PA 19130 - $299,000 – Art Museum Area - 12-4pm

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Visit msnbc.com for breaking news, world news, and news about the economy

Here are some amazing homes around the country listed just under $400K.  Check out similar priced homes in Philly!  Here is every active Philadelphia Real Estate Listings just below $400,000.

Or search by ANY Neighborhood:

• Rittenhouse Square Real Estate Listings under $400,000
• Society Hill Real Estate Listings under $400,000
• Washington Square Real Estate Listings under $400,000
• Art Museum Area Real Estate Listings under $400,000
• Avenue of the Arts Real Estate Listings under $400,000
• Bella Vista Real Estate Listings under $400,000
• Chinatown Real Estate Listings under $400,000
• Fishtown Real Estate Listings under $400,000
• Northern Liberties Real Estate Listings under $400,000
• Graduate Hospital Real Estate Listings under $400,000
• Fitler Square Real Estate Listings under $400,000
• Old City Real Estate Listings under $400,000
• Queen Village Real Estate Listings under $400,000
• Powelton Village Real Estate Listings under $400,000
• University City Real Estate Listings under $400,000
• South Philadelphia Real Estate Listings under $400,000
• East Passyunk Real Estate Listings under $400,000
• Girard Estate Real Estate Listings under $400,000
• Marconi Park Real Estate Listings under $400,000
• Newbold Real Estate Listings under $400,000
• Passyunk Square Real Estate Listings under $400,000
• Pennsport Real Estate Listings under $400,000
• Whitman Real Estate Listings under $400,000

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Come check out some Philadelphia Real Estate Open Houses this Sunday, December 18th:

• 433 Spruce St. Philadelphia, PA 19106 - $895,000 - Society Hill - 11am-3pm
• 626 S. 16th St. Philadelphia, PA 19146 – $324,900 – Graduate Hospital - 12-2pm
• 774 S. 3rd St. F Philadelphia, PA 19147 - $219,900 (JUST REDUCED $10.1K) – Queen Village – 12-2pm

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Come check out some Philadelphia Real Estate Open Houses this Saturday & Sunday, December 3rd & 4th:

• 626 S. 16th St. Philadelphia, PA 19146 – $324,900 – Graduate Hospital - Sunday 1-3:30pm
• 433 Spruce St. Philadelphia, PA 19106 - $895,000 - Society Hill - Saturday 11am-1pm and Sunday 11am-1pm
  

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Come check out some Philadelphia Open Houses this Sunday, October 23rd:

• 774 S. 3rd St. Philadelphia, PA 19147 - $230,000 – Queen Village – 10am-12pm (JUST REDUCED $4.9K)
  
• 720 Addison St. Philadelphia, PA 19147 – $469,000 – Society Hill – 1-3pm
• 2219 Delancey Pl. 3 Philadelphia, PA 19103 - $379,000 – Rittenhouse Square – 11am-1pm
• 617 S. 20th St. Philadelphia, PA 19147 - $685,000 - Graduate Hospital – 12-2pm
• 433 Spruce St. Philadelphia, PA 19106 - $895,000 - Society Hill - 10am-12pm

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

There is a very thorough section in philly.com about the 2011 Home Price Survey for Philadelphia Real Estate that is worth checking out.  They have analyzed more than 376,000 sales in the Philadelphia region from April 2005 – June 2011.

Here are the top Median Home Prices by Area in Philadelphia:

Median single-family home prices in Philadelphia’s neighborhoods, especially Center City, have fallen 15.8 percent – much less during this downturn in housing than the last one in the late 1980s to mid-1990s – said Kevin Gillen, vice president of Econsult Corp., who collected and analyzed data from 376,257 sales regionwide from April 1, 2005, through June 30, 2011.

But lower-income neighborhoods have suffered more than their upscale counterparts, Gillen said, as the struggling economy has edged out less-well-off buyers.

“The tightening of credit has skewed home sales toward the upper end of the market,” Gillen said. “So when you compute the average price decline for the entire city, versus computing the average price decline across all zips [zip codes] in the city, you get two different numbers.” – Philly.com’s In Center City, home prices holding their own

They also have a very insightful interactive map that is worth playing around with:

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To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Photo courtesy of crossingbroad.com

I had the pleasure of attending the miserable NLDS Game 5 between the Phillies and Cardinals on Friday night.  While Ryan Howard lay on the field, writhing in pain after making the final out (2nd year in a row) and simultaneously blowing out his Achilles, the St. Louis Cardinals celebrated their advancement to the NLCS right next to him.  I was as stunned, disgusted, and upset about the way the 2011 Phillies season ended as everyone in the ballpark, but the last thing I thought about doing was throwing my trash onto the field.  That’s exactly what many of my fellow fans did think to do as you can see in the above picture.  It’s a pretty low rent way of expressing oneself.

There happens to be an unrelated article on philly.com today called LITTER-ALLY DISGUSTING about the littering that goes on in Philadelphia.  One major issue is the businesses that shove circulars, menus, and printed ads into door cracks and mailboxes.  They usually wind up blowing away into the street.  The other big problem is the people who blatantly just drop their trash on the ground and then go about their business (or throw trash on a baseball field to express anger and frustration.)

More than 100,000 fines were issued for trash-related violations in 2011.  More than 600 tickets went to business that ignored residents with the no-circular sticker.  21,219 tickets were issued to people not separating recycling from trash and 1,429 littering tickets were given out.

Among the several difficulties in the struggle to enforce litter laws, [Deputy Streets Commissioner Carlton] Williams said, is that it’s hard to fine people for littering because offenders must be caught in the act. SWEEP officers have partnered with police to keep tabs on high-grime areas, Williams said.  Although officers could sit in high-traffic areas watching and waiting to issue people tickets for littering, Williams said that that type of stakeout would be impractical.  “It is very difficult to sustain such an operation because of the tremendous amount of resources needed from the Streets Department and the Police Department to change and deter this behavior long-term,” he said. -Philly.com – LITER-ALLEY DISGUSTING

Come on people… it’s 2011, there are trash cans and recycling containers on every corner of the city, please stop littering already!  Here are some more tips from Philly.com on how to play a part to keep Philly clean: A cleaner city? it comes down to you

1 Become a block captain. Or if there’s already a block captain, find one for a neighboring block. The city has programs that are available only if there is a block captain to take the reins. For one, “Adopt A Basket,” the block captain takes responsibility for maintaining a trash can on a residential block.

2 Keep an eye on your trash collectors. If your block is dirtier after the truck comes on trash day, call 3-1-1 to report it. Every truck comes with a broom and dustpan, and it is every crew’s job to pick up after themselves. And keep your 3-1-1 tracking number. Without it, you won’t be able to check progress on your complaint.

3 Get a “circular-free-property” sticker. The sticker is supposed to deter businesses from putting fliers in your door, railing, etc. You can get the sticker by calling 3-1-1, or by going to philly.com/pickitup. When it doesn’t work – and it won’t – complain to 3-1-1 and the business will be fined $100.

4 Enlist your local school. The Streets Department’s Litter Free School Zone program recruits students to pick up around their schools. They also run assemblies that teach kids not to litter and about the benefits of a litter-free life. The school district has committed to promote the program this year, but parents should contact administrators at their kids’ school and urge them to participate.

5 Pick up after yourself – and others. The UnlitterUs antilitter program sponsors blocks and commercial corridors that have shown a dedication to sweeping up after themselves and others. Contact them at 215-686-5560 or call the Philadelphia More Beautiful Committee at 215 685-3981 to coordinate regular neighborhood cleanups, and UnlitterUs will give you signs declaring a Litter Free Zone. Or, when you see a piece of trash on the ground, pick it up. -A cleaner city? it comes down to you

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

There are many factors to consider when selecting a neighborhood that is right for you. Below are just a few of the many factors — you may think of others that are important to you.

Neighborhoods have characteristic personalities designed to best suit single people, growing families, two-career couples, or retirees. 

SCOUT THE NEIGHBORHOOD!

• It is important that you scout the neighborhood in person. You live in more than your house.

• Talk to people who live there.

• Drive through the entire area at different times of the day, during the week and on weekends.

• Look carefully at how well other homes in the area are being maintained; are they painted, are the yards well cared for; are parked cars in good condition, etc.

NEIGHBORHOOD FACTORS TO CONSIDER

• Look for things like access to major thoroughfares, highways, and shopping.

• Listen for noise created by commerce, roads, railways, public areas, schools, etc.
• Smell the air for adjacent commerce or agriculture.
• Check with local civic, police, fire, and school officials to find information about the area.
• Research things like soil and water.
• Look at traffic patterns around the area during different times of the day and drive from the area to work.
• Find out if the neighborhood is near parks, churches, recreation centers, shopping, theaters, restaurants, public transportation, schools, etc.
• Find out if the neighborhood belongs to a Homeowner’s Association.

Here is a list of links to more information about specific Philadelphia Neighborhoods:

Art Museum Area, Avenue of the Arts, Bella Vista, Chinatown, Fishtown, Fitler Square, Graduate Hospital, Logan Square, Northern Liberties, Old City, Powelton Village, Queen Village, Rittenhouse Square, Society Hill, University City, Washington Square, East Passyunk, Girard Estate, Marconi Park, Newbold, Packer Park, Passyunk Square, Pennsport, Whitman.

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

2052 Webster St.

Graduate Hospital

This townhouse has great character and modern conveniences on a highly desirable block in Graduate Hospital.  Check out these highlights:

• City skyline view
• Spacious living & dining areas
• Sun-drenched kitchen w/ new granite counters, cork floors, & custom cabinets
• Spacious rear yard

Check out all the details for: 2052 Webster St.

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

There’s an article on Philly.com about the Center City District and the revitalization of the city since they started 20 years ago today.  Center City has been transformed into a much cleaner, safer, and more attractive city over the last 2 decades.

Serious crimes have been reduced by half over that time period and car burglaries have reduced by ¾.  There has been a 95% increase in hotel rooms, the Pennsylvania Convention Center just doubled in size, and there are now 213 outdoor cafes and 328% more fine dining establishments.

Center City has attracted new residents, students, and visitors despite the economic recession.  The population has increased 26% to 93,000 and residents with a college level education have increased 27%.  63% of residents walk, bike, or take mass transit to work.  Education and health-care institutions have been tremendous with adding jobs and attracting grant money. It really has become a fantastic place to live.

Check out the article “From ghost town to bustling downtown” from Philly.com and the 20th anniversary press release from centercityphila.org.

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Graduate Hospital

1818 Christian St. #3

Very charming 2 bed condo in Graduate Hospital.  Hardwood floors, skylights, private deck, and skyline view of Center City.  Located just a block away from Marian Anderson Park.

Check It Out!

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To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

According to a new report, since 1993 the rate of people moving into Philadelphia has steadily increased while the rate of people leaving has dwindled.  This report was released on Wednesday by the Pew Charitable Trusts’ Philadelphia Research Initiative, based on IRS data.

The number of people moving into the city has steadily increased from 31,837 in 1993 to 52,096 in 2008.  Population growth in Philadelphia is due to a greater number of births than deaths and an increase of immigrants and empty nesters moving from the suburbs to the city.

These trends point to a reversal of long-term decline in the city’s population.  For six decades people generally fled Philadelphia for the surrounding suburbs.

Check out Philly.com for more on this story.

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

This is brought to you by Philadelphia Real Estate Blog

To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Christian St.

Southwest Center City has undergone major expansion since 1998 when there were 529 vacant properties in that region.  By July of 2010, 426 (80.5%) of these properties have been either redeveloped or improved as open space.  This Philadelphia neighborhood has benefited immensely from gentrification and has quickly transformed from an area well known for crime and drug corners to a neighborhood now better known for its restaurants, bars, and housing.  Home values have jumped significantly year to year.  The median sales price of a single family home in this region grew 526% to $282,000 between 1998 and 2010!

While the condition of southwest Philadelphia from the 1980s to 1990s completely bottomed out, it’s location so close in proximity to the most affluent neighborhoods in Philadelphia essentially set it up for success.  Property values were absurdly low and created a perfect opportunity for developers to refurbish completely vacant buildings in what had promise to be a very desirable location. With the help of non-profit groups, investments, federal grant money, and continued success of surrounding Center City neighborhoods, the renovation was able to accelerate quickly.

Southwest Philadelphia’s refurbishment is not over. The new demographic in this section of the city holds promise for retail development that would cater to the increasing incomes of new residents.  It will surely be interesting to monitor further growth in this Graduate Hospital section of Center City.

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To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

Philadelphia real estate residential sales activity for Graduate Hospital Area from September 2008 – August 2009.

Here is the latest on the status of the South Street Bridge. This is great news for the City and residents in the area. It’s great to see that leadership has finally stepped up the plate. Read on below.

Dear Neighbors and Friends of the South Street Bridge:

As we mentioned in our last update on the South Street Bridge, we began discussions with the Streets Department and PennDOT based on the study commissioned by the South Street Bridge Coalition, Design Recommendations for the South Street Bridge. We also mentioned that the project was put out to bid based on the current Bridge design.

Several issues of importance to the community were included in the original bid documents:

Read the rest of this entry »

In the Graduate Hospital Area there were 101 house sales  and 20 condos sales in the 1st half of 2008. The highest priced condo sold for $445,000 and the deal of the neighborhood sold at $169,000.  The Average Sale Price for a Condo was $268,870 and it took 116 days to settle from the time it was listed in the MLS. The highest priced House sold for $1,075,000 and the lowest sold for $75,000.  The Average Sale Price was $359,179 and it took 92 days to settle from the time it was listed in the MLS. To View EVERY Rittenhouse Square property that sold between January 1, 2008 to May 31, 2008, click here!    Read the rest of this entry »