SQS Weekly Market Update
Philadelphia, PA 19103
Single-Family Homes
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Philadelphia, PA 19103
Sat Apr 26 2025
This week the median list price for Philadelphia, PA 19103 is $2,142,500 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has increased to 34.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
In a Buyer’s market, the relative stasis in inventory and sales conditions has allowed prices to drift lower recently. Expect that consistent up trends in demand will be required before price trends change significantly.
Real-Time Market Profile
| Median List Price | $2,142,500 | |
| Median Price of New Listings | $599,000 | |
| Per Square Foot | $566 | |
| Average Days on Market | 180 | |
| Median Days on Market | 39 | |
| Price Decreased | 32% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 34 | |
| Median Rent | ||
| Market Action | 27 | |
| Slight Buyer's Advantage | ||
Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $4,660,000 | 5,844 | 0 - 4,500 sqft | 5 | 5 | 173 | 0 | 0 | 80 |
| $3,147,500 | 5,020 | 0 - 4,500 sqft | 5 | 4.8 | 162 | 0 | 1 | 178 |
| $1,794,900 | 3,441 | 0 - 4,500 sqft | 4 | 4 | 120 | 0 | 0 | 21 |
| $749,000 | 1,783 | 0 - 4,500 sqft | 3 | 2 | 120 | 2 | 4 | 14 |