Philadelphia Real Estate Market Data May 2011
Philadelphia Real Estate Market Data May 2011
The Philadelphia Real Estate Market Data summary for May 2011 shows that year-over-year from May 2010 through May 2011 shows the following:
- an increase in inventory
- a decrease in sales
- a decrease in median price
- a decrease in sale price vs. opening price ratio
Like most markets Philadelphia County (as a whole) has been negatively affected by the economy – specifically consumer confidence and unemployment – however this data is favorable when compared to other major cities especially those in the Case Shiller Index.
Philadelphia Real Estate Market Data - May
To search Philadelphia Real Estate listings for condos, homes and apartments click here.
Blog post compliments of CenterCityTeam’s Philadelphia Real Estate Blog
Frank L. DeFazio, Esquire
Prudential Fox & Roach Realtors – Society Hill
530 Walnut Street, Suite 260
Philadelphia, PA 19106
215.521.1623 Direct
610.636.4364 Cellular
888.308.1148 Fax
[email protected]
www.CenterCityTeam.com
