Philadelphia Real Estate Trends & Statistics

Philadelphia Median List Price

$144,900

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Philadelphia Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	6,989	6,783	3%	7,900	12%
Median List Price	$144,900	$144,900		$145,000
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	3%	3%		3%
Median DOM	71	73	3%	82	13%
Median House Size	1,230	1,230		1,225
Median $/Sqft	$111/sqft	$112/sqft	1%	$112/sqft	1%

	Today	1 Month Ago		1 Year Ago
Total Inventory	6,149	5,924	4%	6,875	11%
Median List Price	$130,000	$129,900		$132,000	2%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	3%	3%		3%
Median DOM	70	73	4%	82	15%
Median House Size	1,232	1,236		1,232
Median $/Sqft	$102/sqft	$101/sqft	1%	$104/sqft	2%

	Today	1 Month Ago		1 Year Ago
Total Inventory	840	859	2%	1,025	18%
Median List Price	$309,900	$319,900	3%	$295,000	5%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	1%		1%
Median DOM	73	69	6%	87	16%
Median House Size	1,176	1,200	2%	1,175
Median $/Sqft	$296/sqft	$302/sqft	2%	$279/sqft	6%

Philadelphia Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	1,651	1,455	922	1,279	1,072	1,377	1,583
New Listings	1,796	1,348	1,032	1,879	1,710	2,086	2,335
Sold/Expired	2,265	2,022	2,029	2,259	1,962	2,273	2,265

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	1,513	1,337	854	1,177	979	1,254	1,443
New Listings	1,622	1,236	950	1,685	1,531	1,836	2,044
Sold/Expired	2,042	1,826	1,858	2,025	1,750	2,067	2,025

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	138	118	68	102	93	123	140
New Listings	174	112	82	194	179	250	291
Sold/Expired	223	196	171	234	212	206	240

Philadelphia, Pennsylvania real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Philadelphia homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Philadelphia. Movoto is your comprehensive source for Philadelphia property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Philadelphia, PA Market Overview

Inventory: 6,989 Recently Sold: 2,265 New Listings: 2,335 Distressed: 3

Philadelphia's home resale inventories increased slightly, with a 3 percent increase since April 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in May. The median listing price in Philadelphia stayed the same from April to May. There were a total of 141 price increases and 1583 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

116 Alter St, Philadelphia, PA