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 20, 2011

Philadelphia Real Estate Listings 6th Most Searched In U.S.

Philadelphia Real Estate Listings 6th Most Searched In U.S. According to a Realtor.com study Philadelphia was the sixth most-searched real estate market in the United States in June.  A list of the top ten most searched real estate markets in the United States is below. The report also evaluated home prices.  In terms of Philadelphia listings, the median listing price […]
July 19, 2011

TREND MLS June 2011 Philadelphia Real Estate Market Statistics

TREND MLS June 2011 Philadelphia Real Estate Market Statistics Overall the Philadelphia real estate market is doing well.  In June 2011 Philadelphia County saw a moderate increase of 14% in Pending Units compared to June 2010.  The Average Settled Price was reported at $173,000.  Philadelphia County settled 4,392 units at an average price of $160,000.  Pending sales activity increased 21.5% in […]
July 19, 2011

2010 Census Shows Philadelphia Youth Movement

2010 Census Shows Philadelphia Real Estate Youth Movement The latest census findings have substantiated what those in the Philadelphia real estate community have long known – first time home buyers and young professional are moving into the city en masse. Philly.com recently published an article which detailed how: “An explosion of 20- and 30-somethings is changing the look of Philadelphia – and […]
July 18, 2011

Eshowings Update: June 2011

Eshowings Update: June 2011 Eshowings Update: June 2011 June Home Showings Increase, 83% of Properties Shown Under 500k Below are the June 2011 Center City EShowings Data.  Eshowings is the automated service Philadelphia Realtors use to set up, schedule, and record showings of their listings.  These charts are useful in gauging home buyer demand overall and in specific price ranges.  It’s interesting […]
July 14, 2011

RealtyTrac data shows foreclosures fall 29% in since last June

        RealtyTrac data shows foreclosures fall 29% in since last June – Philadelphia foreclosures   Foreclosure filings fell dramatically during the first half of the year as processing delays at the banks, which are strapped with excess inventory of repossessed homes, continued to skew the numbers –and falsely raise hopes that the housing market is staging a […]
July 12, 2011

Twisted Tail and Philly Real Estate One Liners

The Twisted Tail, Philly’s newest Bourbon and Blues bar, is opening at the site of the old Kildare’s in Headhouse Square (509-11 S. 2nd Street) The liquor license application and contractor permits are posted and progress is being made at Audrey Claire’s latest venture Cook – the collaborative kitchen restaurant on the corner of 20th and Rittenhouse streets in Rittenhouse […]
July 11, 2011

Philadelphia Case Shiller Home Price Index

Realtor, owner and CEO of Prudential Fox & Roach, Larry Flick distributed a great email to the company recently about the Philadelphia Case Shiller Home Price Index.  Here’s my favorite excerpt: “The press has done it again — with the release of the latest Case Shiller Home Price Index they used data from the worst parts of the country to […]
July 9, 2011

Jonathan Miller Predicts Five More Years of High Foreclosure Rates

[youtube]http://www.youtube.com/watch?v=EhgZctkWqw8&feature=player_embedded[/youtube] Check out the video above.  Jonathan Miller, consultant, founder of Manhattan real estate appraisal firms Miller Samuel and Miller Cicero recently gave an interview to Bloomberg Law in which he predicted 5 more years of high foreclosure rates nationally. Philadelphia foreclosure rates are still considered to be low in a national context, especially for a large metropolitan area. As Kevin Gillen has […]
July 5, 2011

Has the Philadelphia Real Estate Market reached bottom?

Has the Philadelphia Real Estate Market reached bottom? Is it safe to buy in Philadelphia? According to a well written and data filled article written by Larry Flick, Chairman and Chief Executive Officer of Prudential Fox & Roach and The Trident Group the answer is yes.  Larry’s reasons for reaching this conclusion are that there is a large selection of homes […]