January 21, 2015
Market Trends: Philadelphia County, EOY 2014
Residential Activity in Philadelphia County, Pennsylvania.
- For Single-family Homes & Condominiums, citywide.
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Total Inventory, Dec. 2014 = 7,565
- 2% increase from 2013.
Inventory Accumulation, Dec. 2014 = 7.4
December Settled Listings, Dec. 2014 = 1,071
Total Settled Listings (2014) = 12,302
- 8% > December 2013.
Median Price, Dec. 2014 = $149,900
2014 EOY Median = $148,000
- Median sold price up 4.8% ($6,900).
- 2.1% ($3,000) > 2013.
December Settled vs. Original Price Ratio = 90.5%
2014 EOY Settled vs. Original Price Ratio = 91.4%
Avg. Showing Appointments Per Listing, by Price Range
- $0 – $99K = 3.3
- $100K – $199K = 2.7
- $200K – $299K = 2.8
- $300K – $499K = 3.1
- > $500K = 2.9
- Overall = 3.0
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Sourced by: Trend MLS.
Photo Credit: Your Local Leasing Co.
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