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Tag / Philadelphia real estate market

Noah Ostroff & Associates Join KW Center City

— Ostroff leads a 13-member team that sold over 200 units, and more than $86 million in 2013. As top performers in the Philadelphia real estate market – The Philly Living Team has aligned with Keller Williams Center City to support the growth of its agents. Please join us in welcoming Noah Ostroff & his Philly Living Team...CONTINUE READING

Listing prices up in Philadelphia and 85 of the top 100 markets

The real estate market in the country is looking stronger and showing promising signs of price recovery! Out of the top 100 largest metropolitan areas, 86 of them are seeing that the asking price for their home sale is up as much as 5.9% from a year ago. According to the graphs below from Truila.com,...CONTINUE READING

Philadelphia Real Estate Market Update – Ending year 2012

Check out the market update for Philadelphia Real Estate ending out the year of 2012: 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 Market Update – December 2012

  Check out the market update for Philadelphia Real Estate ending mid December 2012:   This is brought to you by Philadelphia Real Estate Blog To view every Philadelphia Real Estate Listing, including Philadelphia Condos visit www.CenterCityRealEstate.com

PEW STUDY FINDS PHILADELPHIA’S PROPERTY TAX OVERHAUL UNPRECEDENTED

The non-profit research group The Pew Charitable Trusts reports that no other city in recent years has made such significant tax changes ALL at one time, and if there was an overhaul it was due to state mandates or court orders. The Actual Value Initiative (AVI) if adopted in Philadelphia has the goal of taxing...CONTINUE READING

Philadelphia Real Estate Market Update – Ending November ’12

Check out our market update for Philadelphia Real Estate ending November 2012. The median list price comes in around $199,900 with the average asking price per square foot around $135 . There is currently 1311 properties listed on the market on an average of 172 days respectfully. This is brought to you by Philadelphia Real Estate Blog To...CONTINUE READING

Philadelphia Real Estate Market Update – November 2012

Check out our market update for Philadelphia Real Estate ending mid November 2012. The median list price comes in around $200,000. There is currently 1375 properties listed on the market on an average of 171 days respectfully. This is brought to you by Philadelphia Real Estate Blog To view every Philadelphia Real Estate Listing, including...CONTINUE READING

Where to buy Philadelphia Real Estate in 2013–#1 Lower North Philadelphia

Yep, it’s so new it doesn’t even have a name yet. Snuggled right in between the thriving, established neighborhood of Fairmount and recently well-developed Francisville, Lower North Philly is what is on every developer’s mind. The real estate is still cheap, the city’s most famous restaurateurs have opened or are opening restaurants in the heart...CONTINUE READING

Free Money!!!! Drexel, UPenn, and the City of Philadelphia giving back to their people!

Specialized opportunities to afford a Beautiful Home in West Philadelphia! Attention all Pennsylvania & Drexel University affiliates!!!! If you didn’t know already, let me give you some information on 3 magnificent programs that want to help you purchase your home in West Philadelphia! Because both Drexel and UPenn are so committed in helping their employees/students...CONTINUE READING

Fairmount–A Philadelphia Neighborhood Success Story

In our series Where to buy real estate in 2013, I review up and coming neighborhoods where great deals are still easy to find. So I wanted to update a neighborhood that was up and coming 10 years ago, but is very established now, Fairmount/Art Museum. This neighborhood divided from Center City by the Vine...CONTINUE READING
February 2012 Real Estate Inventory

7% Jump in US Median List Price

For-sale housing inventory drops 22%, near a 2-year low Data courtesy Inman News. Median list prices jumped 1 percent or more on a year-over-year basis in February for about 73 percent of the 146 markets tracked in a report released this week by Realtor.com. On a national basis, the median list price rose about 7...CONTINUE READING
Philadelphia Housing Market

Signs of a Housing Comeback

Local housing expert Dr. Kevin Gillen, Vice President of Econsult Corporation has a snapshot of current market conditions from NBC 10. 5-10 years for serious recovery. Probably won’t lose much more on prices. 3-5% decline. Varies on neighborhood. Housing Sector problems are national in nature, employment and credit need to be fixed. Local initiatives going...CONTINUE READING
Philadelphia County Real Estate Market Stats

Market TRENDs: Philadelphia County, January 2012

Market History Philadelphia County experienced an increase of Settled units, 5.1%, in January 2012 as compared to January 2011. Pending units also increased in the same peiod by 5.4%. Year-to-Date Market Snapshot Through January 2012, Philadelphia County has settled 581 units at an average price of $148,000. Market Update Sales activity in TREND increased nearly...CONTINUE READING
Philadelphia

Philadelphia Real Estate in February: Trends and Predictions for Quarter One

By Guest Contributor: Emma Crawford Amidst all of the recent problems in real estate, Philadelphia has been one of the cities better off, remaining somewhat stable and carrying on in. Albeit slow in this difficult market with sales not being at an all-time high, Philadelphia continues to show plenty of signs of optimism for the...CONTINUE READING
January 2012 Market Update

January 2012 Philadelphia Real Estate Market Update

January 2012 Philadelphia Real Estate Market Conditions for Philadelphia real estate market, trends in pricing, current level of supply & demand and home price value metrics. The median list price in PHILADELPHIA, PA this week is $199,000. The 1466 properties have been on the market for an average of 179 days. Check out the entire...CONTINUE READING

Philly 6th in Most Searched Housing Markets

Philadelphia was ranked the sixth most-searched market in the country in June according to Realtor.com The median list price for Philadelphia homes in June was $239,000. (Down 7.18% from 2010).  The national median list price is $189,000 (Down .05% from 2010) The Top 10 Most Searched Markets 1: Chicago, IL 2: Las Vegas, NV 3:...CONTINUE READING

Philadelphia County Market Trends – May 2011

Market History The Average Settled Price for May 2011, compared to May 2010, increased 3.5%, to $176,000 in Philadelphia County. The number of Pending units also increased 42.3% compared to the same period. For more county specific data, check out the Market History Report, which details current and historical information for Single-Family and Condo listings...CONTINUE READING

Philadelphia Ranked #7 In Top 10 Most Searched Markets

Philadelphia Real Estate was ranked the number 7 most searched Real Estate Market out of the top ten most searched markets according to realtor.com.  Philadelphia was the only northeast market ranked on the list. Search Rank Geographic Area Median List Prices Median Age of Inventory $ % yr.-over-yr. change # days on site % yr.-over-yr....CONTINUE READING

Atacan Group Market Report – February 2011

February 2011 Philadelphia Real Estate Market Conditions for Philadelphia real estate market, trends in pricing, current level of supply & demand and home price value metrics. The median list price in Philadelphia this week is $199,000. The 1477 properties have been on the market for an average of 174 days. Home sales have been exceeding...CONTINUE READING

Philly Ranked #2 Most Stable Real Estate Market

Philadelphia has been ranked the number 2 most stable real estate market in America by the real estate website Zillow.com.  The ranking is based on the Zillow home value index that measures the median value for homes currently on the market to reveal which markets experience the least price volatility. Philadelphia, Pennsylvania Average absolute monthly...CONTINUE READING