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

July 24, 2019
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Livin’ Large in Philly’s Most Expensive Neighborhoods

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
apartment

Trend: Philly Apartments Being Converted to Quick-Stay Hotels

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
home for sale

In Case You Were on the Fence… Why You Should Sell Your Home NOW

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
front door

Five Easy Steps to Prep Your Philly Home for Sale

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

Can You Save $$$ on Your Philadelphia Homeowner’s Insurance?

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
staged home

How to Stage Your Philadelphia Home for Sale

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 […]
November 19, 2018
luxury home

Living La Dolce Vita: Luxury Real Estate Trends

They say that some people are like magpies, obsessed with the shiniest and newest of everything. If you are well-off, attaining the latest trends gets a lot easier. Like clothing, cars, and iPhones, there are definite trends in real estate. For the hoi polloi, we may gratefully accept such luxuries as quartz countertops, floating shelves, and subway-tile backsplashes as totems […]
October 10, 2018
fairmount park

USA Today: West Philadelphia Rocks!

To a lot of people, West Philadelphia is best known as the erstwhile home of Will Smith’s quintessential 90s TV character, “The Fresh Prince of Bel-Air.” Are you humming the theme song right now? (Just me? Okay.) According to nationwide newspaper USA Today, however, West Philly is an undiscovered treasure, ripe with charm and things to see and do. Located […]
September 5, 2018
philadelphia

What are “Average Priced” Homes Like in Downtown Philadelphia?

According to real estate aggregate site Zillow.com, the average listed price for a home in the city of Philadelphia is $220,000. That’s slightly higher than the national median home price of $200,000. But that’s just a number on paper – or, well, on a screen. What is an “average” home in Center City, as opposed to Philly as a whole, […]
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