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2023

Market Insights

City Of Philadelphia

Latest Issue — Q2 2023 Report

A Message From Our CEO

What’s Happening to Home Prices?

Home prices in our market area are still increasing, but they’re rising at a slower pace than the past two years. Meanwhile, the number of homes sold is decreasing and housing inventory continues to be scarce. Find out what all of this means for the City of Philadelphia real estate market in this latest edition of Market Insights.

Larry Flick V

Chief Executive Officer

No

– By The Numbers –
Q3 2022 compared to Q3 2021

+5.2%
Home Sales
Even
Number of Houses for Sale
-2.75%
Pending Sales
+3.2%
Average Sale Price