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January 28, 2010

Center City’s Million Dollar Plus Condo Sales

Filed under: Center City Real Estate — Center City Philadelphia Real Estate Agent @ 3:58 pm

In the past two years, Center City has seen a generous amount of wealth within its borders. From Old City to Fitler Square, there really isn’t a neighborhood that hasn’t seen it’s share in growth of the higher priced condos.  Though the following numbers are going to be heavily skewed by the fact that say 1706 Rittenhouse, or 10 Rittenhouse don’t disclose their sales to the MLS, here is what is generally public knowledge for sales since 1/1/08 in town:
 
Zip Code                  Number of $1m+ sales
19102                          16            (due mostly to Liberty Two and Ritz Carlton)
19103                          17            (again, no 1706 or 10 Rittenhouse here)
19106                          15            (Old City and Society Hill)


 
A fairly equal disbursement of wealth throughout a few different areas, I would say. Remember, back in the 1980′s, if you had $1m to spend on a condo, there was only one destination-a condo on Rittenhouse Square.

Looking for a condo in Center City? give me a buzz at 215.521.1523 and let’s chat!

Mark Wade
www.CenterCityCondos.com
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106

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530 Walnut Street, Suite 260
Philadelphia, PA 19106
Direct: 215.521.1523 ~ Office: 215.627.6005
Fax: 215.627.3142
Email: Mark@CenterCity.com
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