Altos Market Data for Realtors

Philadelphia, PA 19106

Single-Family Homes

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Philadelphia, PA 19106

Wed Jun 16 2021
This week the median list price for Philadelphia, PA 19106 is $529,900 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 105. Click here to stay informed with the Philadelphia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Philadelphia, PA 19106

Wed Jun 16 2021
This week the median list price for Philadelphia, PA 19106 is $529,900 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 105. Click here to stay informed with the Philadelphia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Philadelphia market.
Median List Price $529,900
Median Price of New Listings $625,000
Per Square Foot $409
Average Days on Market 2
Median Days on Market 0
Price Decreased 44%
Price Increased 0%
Relisted 3%
Inventory 105
Median Rent $1,950
Market Action 37
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,650,000 3,501 0 - 4,500 sqft 3 4 39 5 0 0
$931,500 2,040 0 - 4,500 sqft 2 3 54 4 3 0
$412,500 1,113 0 - 4,500 sqft 2 2 54 3 3 0
$285,000 750 0 - 4,500 sqft 1 1 57 3 2 0