Housing Market Data
Discover the most relevant real estate data on the local and national market. We spend our lives immersed in the nitty gritty details of home selling and buying, so we have our fingers on the pulse of what is most important for sellers and buyers to know about the local and national housing markets.
We hope you enjoy the information we offer here! For an analysis of your home’s value, speak with one of our talented real estate agents or directly contact the CenterCityTeam office: 215.440.2093
March 9, 2020
A jawdropping penthouse condo with views of Independence Square has rocked the small world of Center City real estate with a heretofore unheard-of price tag. Listed for a cool $32 million – the approximate amount that a Top 10 NFL player makes in an entire season – the home on the top floors of the insanely chi-chi 500 Walnut building […]
October 24, 2019
It’s a rambling, large home that took about 200 years to build. Suffice it to say, you’re getting a load of character and quirky Pennsylvania history if you buy 411 Old Forge Road, located in the Philly suburb of Media. Tiny and quiet with a population of just 5,000+ and a rural feeling, Media is a great place to raise […]
October 15, 2019
The price of housing in Philadelphia is, as many residents will tell you at length, skyrocketing. As the City of Brotherly Love emerges onto the national and world stages as a significant place to live, work, and play, more and more people want to live here. Even with new condo and apartment buildings rising from the ground on seemingly every […]
July 24, 2019
Every city, from the huge metropolises to the tiniest hamlets, have a “right” side of the tracks. They have the “good part(s),” the homes of the Jones and the “haves,” the neighborhoods where everyone wants to live. Generally, buying into a great neighborhood costs in scratch. Philadelphia is the rare case where that’s not 100 percent true. You can find […]
March 25, 2019
There has been a revolution in hospitality in the last decade or so, and it has been the “homestay” experience. This is, of course, most exemplified by AirBnB and other sites that let out short-term rentals for tourists who want a homier, more low-key lodging experience in popular areas. There are already units like this in Philadelphia, but the city […]
February 28, 2019
Most people don’t up and decide to sell their house on a whim. It’s either an expedient process motivated by a job change, or a longer process that includes a lot of thinking, preparing, and prayer. If you have been on the fence about whether to sell – you’ve been mulling it over, you’ve been considering a different neighborhood, your […]
January 24, 2019
Think that you can just stick a “For Sale” sign in the grass in front of your home and the offers will pour in? You may want to re-evaluate your expectations. It’s easy for sellers, blinded by affection for their home and uneducated as to the realities of the real estate market, to overlook certain critical details that should be […]
January 9, 2019
Homeowner’s insurance is a necessity when you own a home, but it is unfortunately one of your priciest bills. Traditionally bundled in escrow with your land taxes, this monthly payment can cost just as much as your mortgage! Obviously, you need the coverage – god forbid you should experience a house fire or a natural disaster, your insurance would be […]
November 26, 2018
It used to be the case that, if your home was in good repair and was priced fairly, you would have little-to-no trouble selling it. However, the real estate landscape in Philadelphia – as well as in other major metro areas – has changed, and now it is suggested that you have your home staged before putting it up for […]