Prudential Fox & Roach just released the February Eshowings summary. The total number of eshowings is at a 12 month high of 3088. This is significant because the total number of showings for February 2012 is higher than even Spring/Summer 2011 months. We are seeing pent up demand for move in ready homes and a lack of supply. As new listings become available in the coming weeks buyers should expect homes that are priced well and move in ready to sell extremely quickly and possibly even multiple offers. This increased demand and low supply of desirable homes could signify a shift in Philadelphia from a buyer’s market to quasi-seller’s market.
About Eshowings
Eshowings is the automated service Philadelphia Realtors use to set up, schedule, and record showings of their listings. Eshowings charts are useful in gauging home buyer demand overall and in specific price ranges.
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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]
CenterCityTeam.com: Philadelphia Real Estate