Wed Nov 25 2020
This week the median list price for Philadelphia, PA is $325,000 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has held steady at or around 2,821.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$325,000|
|Per Square Foot||$238|
|Days on Market||103|
|Slight Seller's Advantage|
This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$699,900||2,384||0 - 4,500 sqft||3||3||40||47||51||107|
|$400,000||1,534||0 - 4,500 sqft||3||2||95||66||63||99|
|$265,000||1,100||0 - 4,500 sqft||3||1||97||63||81||96|
|$149,900||1,084||0 - 4,500 sqft||3||1||95||100||69||109|