Philadelphia Real Estate Market Data August 2011
Philadelphia Real Estate Market Data August 2011
Here’s the most recent sales data compliments of TREND MLS:
Philadelphia County Real Estate Market History
In Philadelphia County, Settled units increased 11% in August 2011 compared to August 2010, to 807. In that same time period, Average Settled Price increased 12%, to $168,000.
| Single-Family |
Aug. 2010 |
Aug. 2011 |
| Inventory |
9,002 |
8,620 |
| Settled Units |
727 |
807 |
| Median Price |
$119,000 |
$130,000 |
| Stl Price/Orig Price |
90.2% |
89.7% |
Philadelphia County Year to Date Market Snapshot
In August 2011, Philadelphia County settled 6,047 units at an average price of $163,000.
| Single-Family YTD |
Aug. 2010 |
Aug. 2011 |
| Settled Units |
7,219 |
6,047 |
| Average Price |
$166,000 |
$163,000 |
| Median Price |
$130,000 |
$125,000 |
| Stl Price/Orig Price |
91.3 |
89.1% |
Philadelphia County Market Update
Sales activity for Residential properties in TREND’s MLS Coverage Area increased 18.6% in Aug. 2011 compared to Aug. 2010, with all 13 counties reporting an increase.
For more neighborhood specific data, contact Frank L. DeFazio, for Single-Family and Condo listings over the last 10 years in Philadelphia County.
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
