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Tag / Sales

Condo Building of the Week

Over the next few weeks, we’ll be revisiting a blog feature from August 2012 – “Top 10 High Rise Condo Buildings,” which highlighted several of Philadelphia’s luxury properties.  This time around, we’ll take more of an in-depth look at each building’s history, along with updated information on current sales & vacancies. Last week, we featured...CONTINUE READING

2008 Philadelphia Real Estate Review, January-May

The following is a recap of every home that sold in the first half of 2008 in the major neighborhoods surrounding Center City.  Center City neighborhoods are broken down by area and are analyzed in seperate posts below.                                                                      Low Sale         High Sale         Chinatown/ Loft District                  $182,320           $350,000              University City/ West Philly        $105,000          $562,000        Fishtown                                             $35,000            $492,000      CONTINUE READING

Art Museum Houses & Condos, Real Estate Review 2008

In the Art Museum/ Fairmount area there were 76 house sales  and 60 condos sales in the 1st half of 2008. The highest priced House sold for $1,051,501 and the deal of the neighborhood sold at $112,000.  The Average Sale Price for a House was $408,383 and it took 75 days to settle from the time it was listed in the MLS. The highest priced Condo…CONTINUE READING

Northern Liberties Houses & Condos: 2008 Review

In Northern Liberties there were 29 house sales  and 14 condos sales in the 1st half of 2008. The highest priced House sold for $805,000 and the deal of the neighborhood sold at $160,000.  The Average Sale Price for a House was $438,520 and it took 100 days to settle from the time it was listed in the MLS. The highest priced Condo sold for…CONTINUE READING

Graduate Hospital Houses & Condos: 2008 Review

In the Graduate Hospital Area there were 101 house sales  and 20 condos sales in the 1st half of 2008. The highest priced condo sold for $445,000 and the deal of the neighborhood sold at $169,000.  The Average Sale Price for a Condo was $268,870 and it took 116 days to settle from the time it was listed in the MLS. The…CONTINUE READING

Logan Square: 2008 Real Estate Review

In Logan Square, 19103 there were 18 house and condo sales, combined in the 1st half of 2008. The highest priced home sold for $2,000,000 and the deal of the neighborhood sold at $350,000.  The Average  Price for a Home was $711,695 and it took 146 days to settle from the time it was listed in the MLS. To View EVERY Logan Square property that sold between January…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

Society Hill Condos Sales, 2008 Reveiw

In Society Hill, 19106 there were 17 condo sales and 11 house sales in the 1st half of 2008. The highest priced condo sold for $2,375,000 and the deal of the neighborhood sold at $270,000.  The Average Sale Price for a Condo was $520,000 and it took 62 days to settle from the time it was listed in the MLS. . The highest…CONTINUE READING

Old City Condos Sales, 2008 Reveiw

For Condos in Old City there were 60 sales and 1 house sale (highlighted in yellow) in the 1st half of 2008. The highest priced condo sold for $2,475,000 and the deal of the neighborhood sold at $185,000.  The Average Sale Price for a Condo was $436,611 and it took 94 days to settle from the time it was listed in the MLS. To…CONTINUE READING

Washington Square Houses, 2008 Real Estate Review

For Houses in Washington Square there were 17 sales in the 1st half of 2008. The highest priced condo sold for $950,000 and the deal of the neighborhood sold at $185,100.  The Average Sale Price for a Condo was $478,156 and it took 115 days to settle from the time it was listed in the MLS.  To View EVERY House that sold…CONTINUE READING

Washington Square Condos: 2008 Real Estate Review

For Condos in Washington Square there were 49 sales in the 1st half of 2008. The highest priced condo sold for $1,472,000 and the deal of the neighborhood sold at $126,000.  The Average Sale Price for a Condo was $507,000 and it took 127 days to settle from the time it was listed in the MLS. To View EVERY…CONTINUE READING

The Housing Market is Crashing (NOT!)!

 Today the U.S. Commerce Department issued a report with the following data: * “April’s rebound was led by a huge 41.7 percent surge in sales in the Northeast” *  “Sales were up 8.3 percent in the West” * “5.8 percent in the Midwest” However, the report that made headlines everywhere was the May, 2008  Standard & Poor’s/Case-Shiller index. Their 20 city...CONTINUE READING
Category:Market Data, News

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

Good News Philadelphia!!

The Philadelphia Inquirer recently posted an article stating that the Philadelphia area foreclosure rate is down 30%!  That’s great!  To read the article see below… Philadelphia area’s foreclosure rate drops 30% By Al Heavens Inquirer Real Estate Columnist The Philadelphia region’s first-quarter foreclosure rate fell almost 30 percent from the same period a year earlier,...CONTINUE READING
Category:Market Data, News

The Reality of the U.S. Real Estate Market (must read info)

The Media During the beginning of the 21st century the media queried “when will the boom bust?” Now the daily headlines claim the American real estate markets are falling, homes are losing value, the mortgage markets have seized up and institutions are reluctant to lend against an asset declining in value. But what if the...CONTINUE READING