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Naval Square Beating Housing Downturn!
Despite the recent housing downturn, Naval Square has remained a popular destination for condo seekers in Philadelphia.
These luxury homes stock an assorted population of 900 singles mixed with empty nesters and families with children. Families make up about 30% of Naval Square’s residents. Buyers say the attractiveness of Naval Square is a combination of its location, security, park like features, and newness.
Toll Bros. has sold 425 condos and townhouses in Naval Square. They haven’t stopped building this development and wont until 2013 when they plan to settle at a total of 601 units. Since 2005 they have sold around 70-80 units per year and they estimate that over 30 prospective buyers visit the premises every week.
If you are searching for condos in Philadelphia, make sure to check out the Atacan Group Condo Directory for a one stop thorough list of condominiums in Philly.
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