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December 18, 2008

Philadelphia Real Estate Statistics

Filed under: Center City Real Estate,General Real Estate,Of Interest to Buyers,Of Interest To Sellers,Real Estate: Condominiums — Center City Philadelphia Real Estate Agent @ 3:52 pm

October 2008

For zip codes 19102, 19103, 19106, 19107

(Lombard to Vine Streets, Front to 26th Streets- approximately)

Monthly Statistics for the Date Range Selected

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

Oct 2008

106

101,287,452

955,542

23

32

21,276,800

664,900

128

 

 

 

 

 

 

 

 

 

Totals:

106

101,287,452

955,542

23

32

21,276,800

664,900

128

 

 

 

 

 

 

 

 

 

 

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $179,900

Original List Price: $3,800,000

Original List Price: $718,943

Sold Price : $150,000

Sold Price: $3,800,000

Sold Price: $664,900

 

 

 

© Copyright 2008 TREND MLS – Information Deemed Reliable but Not Guaranteed. Printed 11/1/2008 1:45:53 PM

What I find most interesting is the DOM (days on market) of 128. In October 2007, DOM was 93 days. And “pended properties” (those home that are under agreement, and awaiting settlement) dropped from 23 this October, compared to 51 in October 2007.

Want to make sense of some of these figures? Give me a call at 215.521.1523 or drop me an email at MArk@CenterCity.com, 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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