Where Is The Condo Glut I Keep Hearing About??
According to TrendMLS, on January 1, 2010 in Center City Philadelphia, between the price range of $400,000 to $600,000 in the Center City neighborhoods of: Rittenhouse, Fitler, Grad Hospital, Bella Vista, Queen Village, Society Hill AND Old City– In the two bed, two bath segment there are currently:
118 townhomes for sale and 91 condos for sale. So where is the condo glut??
Any big-brains out there want to riddle me that?!
The answer is that there is no condo glut in this- one of the hottest segments of the Center City Philadelphia housing market. This is a VERY wide segment (geographically) speaking, as well as a fairly generous price range. “So stick that in your pipe, and smoke it” to all those half-wits who piss and moan about the overbuilt Center City condo market. Ha 🙂
Feeling like you may not have all your facts straight about the Philadelphia condo market? Call me 215.521.1523…lets chat.
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106