Philadelphia #1 Real Estate Web Site for Condos, Houses & Rentals: University City

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Exclusive Properties

316 N Preston St

4B/2.5b

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This huge four bedroom investment property in University City is a perfect as a rental(close to Drexel and UPenn) or for owner occupancy. Located on a private side street, this spacious, three story property features two full and 1 half bathroom, an eat-in kitchen with a dishw...

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Our recent sales in University City

4049 Ludlow St

4120 Powelton Ave

4045 Ludlow St

4516 Pine St

4623 Osage Ave

3637 Warren St

251 S Farragut St

4539 Larchwood Ave

4808 Trinity St

921 S 48Th St

Recent Listings in University City

449 S 51St St
	Price	$525,000
	Sqft	0
	$/Sqft	N/A
	Beds/Baths	0B/0b
	Listed	3 day(s)

4920 Cedar Ave
	Price	$133,900
	Sqft	0
	$/Sqft	N/A
	Beds/Baths	0B/0b
	Listed	5 day(s)

45 University MEWS
	Price	$364,900
	Sqft	1,224
	$/Sqft	$298
	Beds/Baths	3B/2b
	Listed	7 day(s)

4300 Spruce St #A201
	Price	$385,000
	Sqft	1,152
	$/Sqft	$334
	Beds/Baths	2B/2b
	Listed	7 day(s)

View all listings

University City

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WALKSCORE: 78 out of 100 - Very Walkable

The Deal:
University City offers a variety of distinctive living options on tree-lined streets, from Italianate and Neoclassical architecture to luxury lofts and walk-up apartments to large historic homes with wide porches and a growing number of condominiums.

The Feel:
Collegiate, Distinguished, Very Different from Center City.

Neighborhood Links: University City District

University City, home to The University of Pennsylvania, Wharton Business School and Drexel University is one of Philadelphia’s most diverse and vibrant neighborhoods. It is known as Philadelphia’s 1st suburb. Located west of the Center City district separated by the Schuylkill River, the neighborhood is the hub of medicine, science, education, technology and research. The unified and dynamic neighborhood gets its unique spirit from the mixture of college students, faculty, artists, and families. The area is full of old houses being bought up by young professionals and professors who would rather stay close to their jobs. The area is one of the most ethnically diverse in the Philly region, with restaurants ranging from Middle Eastern to Indian to Soul Food. As well, the school year brings hordes of students from all parts of the country to this small locale.
University City boundaries are, on the east, 29th Street and the Schuylkill River; on the west, 50th Street; on the north, Spring Garden Street (to 40th Street), Powelton Avenue (to 44th Street), and Market Street; and on the south, Civic Center Boulevard, University Avenue and Woodland Avenue.

University City Listings

(223)

19 Condos, 144 Townhouses, 44 Multi-Family

Average sale price in University City

Please click here for more data

University City Blog

Great Real Estate Deals Under $400K!

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:

This is brought to you by Philadelphia Real Estate Blog

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

Great Real Estate Deals Under $250K!

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

Here are some great deals around the country. Check out similar deals going on in Philly. Here is every active Philadelphia Real Estate Listings under $250,000.

Or search by ANY Neighborhood:

This is brought to you by Philadelphia Real Estate Blog

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

Philadelphia Home Buy Now Program – University City

If you work at one of the participating providers below, your company will provide up to $2000 ($4000 in University City Area) and the City of Philadelphia will MATCH that amount up to $4000. So you get back $4000-$8000 in closing costs!!!

To go along with this, KW Center City has offered to provide 10% credit from our commission. So if the home is $300,000 with a 3% Commission we would provide $900 in closing costs to the client!

Finally, if you work (not attend) PENN OR DREXEL in addition to everything above, you are eligible to receive another $7500 to $15,000 respectively for buying in the University City catchment area!

If you know someone that might be eligible for this grant, please tell them to contact us today! It probably will not be available next year… Here are links to more information:

Philadelphia Home Buy Now Employee Kit

Urban Affairs Coalition – Philadelphia Home Buy Now Program

PENN Home Ownership Services

PENN Current – Penn Partners With City To Help Employees Buy a Home

Drexel Human Resources – Home Buy Now Program

Participating parties:

Cancer Treatment Centers of America
Chick’s Café and Wine Bar
Diamond and Associates
Drexel University
Energy Coordinating Agency
Episcopal Community Services
Gypsy Lane Technologies
Horizon House
Keller Williams Center City
Martin Banks
Mid-Atlantic
NewCourtland
Nochumson PC
Re:Vision Architecture
Special People In Northeast, Inc.
University of Pennsylvania
Urban Industry Initiative
Weavers Way

Be sure to check out our University City Real Estate Listings page to see every active property in University City! Or search by YOUR PRICE RANGE below:

This is brought to you by Philadelphia Real Estate Blog

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

http://cms.business-services.upenn.edu/homeownership/phos-news-and-updates/75-update-2.html

How High Speed Rail in the Northeast Could Transform Philadelphia

Picture Courtesy www.smh.com.au

Can you imagine traveling from New York to Philadelphia in 37 minutes? A forum at the Down Town Club on November 30th brought an audience of 60+ professionals in transportation related industries together to speak about a high-speed rail line in the Northeast Corridor.

A high speed rail line connecting New York, Philadelphia, Boston, and Washington would create integrated economies and Philadelphia would be geographically in the center of all of it. The prize for Philadelphia is

“…access to a dramatically larger and better-educated workforce than regional employers can currently tap into… employers in Center City would find that their available talent pool would increase fourfold as a result of the improved access HSR would bring to the city center. Travel time from New York to Philadelphia would be sliced almost in half, to 37 minutes, and Washington would be less than an hour away… “the Philadelphia commutershed grows by 10 million people.” -WeeklyPress.com, High-speed rail puts Philly in center of NE ecomomy, planners predict

A major question is where to station these high speed rails. Market-East station seems like a worthy candidate. A plan such as this one would dramatically transform the business district around 11th and Market. Others argue that 30th St Station would be the most appropriate spot considering the growth of University City as “the fastest growing population in the city and also more educated than the city as a whole.”

The project, no matter what, could not be completed before 2050 and would be extremely costly. But imagine the possibilities! Check out the full article by WeeklyPress.com, High-speed rail puts Philly in center of NE ecomomy, planners predict.

This is brought to you by Philadelphia Real Estate Blog

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

Philadelphia Real Estate – 2011 Home Price Survey

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:

Location	Neighborhood/county	2011 median sales price	2011 Sales
19103	Rittenhouse Square	$660,500	24
19106	Society Hill	$652,500	16
19118	Chestnut Hill	$629,500	28
19107	Washington Square W	$428,298	12
19130	Fairmount South	$297,500	114

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:

This is brought to you by Philadelphia Real Estate Blog

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

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