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Market Insights

City Of Philadelphia

Latest Issue — Spring 2024 Report

A Message From Our CEO

"A Spring Shift"

So far this year, market activity in our area has remained similar to last year: There are still more buyers than sellers, the inventory of homes for sale remains tight, and average sales price continues to rise. This is a market that can be challenging for potential buyers, but rewarding to sellers, who have an advantage if their properties show well and are priced right. However, we are in the midst of what could be a considerable shift in the spring market. Find out what all of this means for the City of Philadelphia real estate market in this Spring 2024 edition of Market Insights.

Larry Flick V

Chief Executive Officer


– By The Numbers –
Q3 2022 compared to Q3 2021

Home Sales
Number of Houses for Sale
Pending Sales
Average Sale Price