Altos Market Data for Realtors
Philadelphia, PA 19106
Single-Family Homes
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Philadelphia, PA 19106
Tue Aug 11 2020
This week the median list price for Philadelphia, PA 19106 is $1,249,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 35.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
Real-Time Market Profile
| Median List Price | $1,249,000 | |
| Per Square Foot | $478 | |
| Days on Market | 161 | |
| Price Decreased | 46% | |
| Price Increased | 0% | |
| Relisted | 9% | |
| Inventory | 35 | |
| Median Rent | $2,023 | |
| Most Expensive | $3,999,000 | |
| Least Expensive | $296,400 | |
| Market Action | 30 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,525,000 | 3,683 | 0 - 4,500 sqft | 4 | 3 | 148 | 0 | 0 | 191 |
| $1,950,000 | 3,920 | 0 - 4,500 sqft | 4 | 5 | 4 | 0 | 0 | 263 |
| $950,000 | 2,415 | 0 - 4,500 sqft | 3 | 2 | 49 | 0 | 2 | 56 |
| $399,000 | 1,050 | 0 - 4,500 sqft | 2 | 2 | 100 | 0 | 1 | 134 |