Mid-June Market Report
Some highlights from our Mid-June market report,
via Altos Research. Conditions continue to favor sellers. Demand for homes in Philadelphia remains strong. Available supply is purchased rapidly, with Philadelphia properties currently averaging a mere 4 months on the market.
However, median price has increased from $189,000 to $192,500 in the past two weeks. We’ll see by early August if a few expensive properties skewed the average, of if prices are beginning to trend upwards. Only time will tell.
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