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Tag / Center City condo

5 Newly Constructed Properties in Northern Liberties

It’s no secret that Northern Liberties presents one of Philadelphia’s brightest emerging areas. Development has played a crucial role in this process. This week, we return to the Northern Liberties area, to examine five newly constructed condos & townhomes. — Unit #1 : 233 Poplar St #A | Philadelphia, PA 19123 Pre-Construction, Bi-Level Condo Unit....CONTINUE READING

Featured Open House (3/2) + Local Updates

This weekend’s featured open house tour in University City + new townhouse listing in Southwest Philly & Center City condo price improvement. Have a great weekend Philly ! — Featured Open House : 4644 Hazel St | Philadelphia, PA 19143 $24k Price Improvement on 3+ Story, University City Townhome. Date / Time : Sunday March...CONTINUE READING

Developer of Murano Condo Sued by Residents

Residents at the Murano condo have filed suit against the building’s developer Thomas Properties Inc.  According to the owners of these condominiums, Thomas Properties has fabricated the level of sales at the Murano to the public in an attempt to boost unit prices and assist their marketing efforts from 2005 to 2009. Thomas Properties hired...CONTINUE READING

Philadelphia Luxury Home Market still strong

As reported last month, the most expensive condo ever sold in Philadelphia settled for $12,459,000. This is for 8,444 square-foot, 31st floor penthouse at  1706 Rittenhouse, which comes out to  over $1475 a square foot!!! So although I cannot report and other 8 figure sales, these are the 5 highest sales on the MLS (not including private or developer sales) so...CONTINUE READING

Philadelphia named "Best Place" for Business & Careers

Philadelphia was recently ranked by Forbes Magazines as one of the best cities in America for Business and Careers. Philly –A Forbes Magazine Best Place for Business and Careers Category Rank Colleges 4 Cost of Doing Business 168 Cost of Living 152 Crime Rate 86 Culture and Leisure 15 Economic Growth Projected 195 Educational Attainment 42...CONTINUE READING

Philadelphia Real Estate Deals & Steals

In real estate, the 2 most important factors are LOCATION and PRICE.  The following properties have the right location, but the really wrong price. With reductions of between $150,000-$850,000 these are the 15 biggest price reduction in Rittenhouse Square and Society Hill .  For more information on this property just click PROPERTY SEARCH at the top of the...CONTINUE READING

New Listing – 1708 Pine St #3

[youtube=http://www.youtube.com/watch?v=5r8wiHu-4RA] Enter this elegant, designer painted home through a charming foyer with base & crown molding and a stunning hall chandelier. The foyer opens up to the bright living room & renovated kitchen with 7 1/2’ windows overlooking tree top & skyline views. Wall mounted 42” Pioneer Flat Screen TV included in sale, along with...CONTINUE READING

What in Philadelphia costs $12.5 Million?

A Center City Condo  That’s right! Believe it or not, a couple paid $12,459,000 for an 8,444-square-foot, 31st-floor penthouse of 1706 Rittenhouse.  This is the most expensive condo ever sold in Philadelphia and cost over $1475 a square foot.  The new owner’s occupation is as a Money Manager. Hmmm…. Other super expensive Philadelphia condos include  Media entrepreneur Chase Lenfest paid $7,678,149,...CONTINUE READING

Condo Crazy in Philadelphia!

We here at The Atacan Group have as of late been SWAMPED with clients who just want to buy a condo in Center City, Philadelphia.  In general, about half of our clients at any given time are interested in a condo, but now it seems like it is more like 80%. Old City Condos and Rittenhouse Square...CONTINUE READING

We're Back!!! The Return of the Philly Real Estate Market

Philadelphia’s favorite real estate brainiac, Dr. Kevin Gillen, from the Wharton School released his analysis for 2009’s 3rd quarter, and if I must say so myself, it is looking good! Ok fine, it is less than a 1% gain, but its a GAIN!!! Remember this time last year when it seemed like every bank needed a bailout, the stock...CONTINUE READING

821 Kater St – Bella Vista (2BR / 2.5BA Condo)

Philadelphia Real Estate – Home For Sale Have it all in the heart of bella vista in a lower-level Kater mews condo located on a quiet tree lined street close to everything! This well-maintained, bi-level 2 bedroom, 2. 5 bath townhouse features a living room with wood-burning fireplace, a separate dining area, powder room and...CONTINUE READING

Queen Village & Bella Vista House & Condo Sales

In Queen Village & Bella Vista, 19147 there were 55 house sales  and 9 condos sales in the 1st half of 2008. The highest priced condo sold for $499,500 and the deal of the neighborhood sold at $244,000.  The Average Sale Price for a Condo was $374,833 and it took 90 days to settle from the time it was listed…CONTINUE READING

Center City Philadelphia Condos – Sales Up and Prices Stable

The latest data from the National Association of Realtors shows what buyers and sellers in Center City Philadelphia already know, namely that the condominium market is strong.  Sales of Condominiums and Cooperatives in the Northeast have been increasing since January of 2008 and are up 4.3% from March 2008 to April 2008.   Sale prices for Condominiums and Cooperatives in...CONTINUE READING
Category:Condos, Market Data

Center City Philadelphia Home and Condo Prices

Alan J. Heavens, Real Estate Columnist for the Philadelphia Inquirer, wrote an excellent piece recently that was featured in May 24th’s paper.  The article described the difficulty facing the real estate professional or the potential home buyer or seller when trying to interpret the endless stream of home sales and price data being publicized.  Two...CONTINUE READING

Old City Condos

centercityrealestate.com will soon provide the MOST INDEPTH CONDO INFO ever gathered for Philadelphia for our guests. For now, view what is for sale in OLD CITY by using on our search engine and clicking on any of the 43 condo building names. Check back soon to see Philly’s condo encyclopedia: New Construction     York Square The National                                                       Lofts at 209   22Front                                                                   TheEssex                                                                   Hoop Skirt Factory                                           TheArch                                                                  ...CONTINUE READING
Category:Condos, Old City