Market Insights

Philadelphia's Main Line

Latest Issue — 2021 Report No. 2

A Message From Our CEO

2021 is off and running...and optimism is rising

2021 is off and running. As the light at the end of the COVID-19 tunnel becomes brighter, optimism is rising, and the brisk real estate market we experienced in the last six months of 2020 continues to run strong. In this edition of the Philadelphia Main Line Market Insights, we'll explore not only the numbers, but what they mean for home buyers and sellers.

Larry Flick V

Chief Executive Officer


– by the numbers –
Q1 2021 Compared to Q1 2020

Decrease in Housing Inventory
Increase in average home value, leading to shorter listing times and higher prices
Increase in the number of homes sold
Average mortgage rate, still near all-time lows increasing affordability
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