South Philadelphia Real Estate Market Sees Sales Fall

With home sales in the South Philadelphia market already below average, in this week's report they slid 10.3% to 26 homes sold over the last 30 days. In comparison, the Fishtown neighborhood had 48 sales in the same time frame, the most of all neighborhoods in the area. The median sales price dropped to $192,500, down from last week's $196,500. There are only three months of inventory available in South Philadelphia, so it's a seller's market, even with the decrease in sales.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in South Philadelphia:

$379K   $265K   $564K  

Get started right now by checking out South Philadelphia homes for sale or reviewing South Philadelphia real estate trends.

Demographic facts for South Philadelphia:

  • The median age of the population is 34 years old.
  • The health cost index score in this area is 109.3. (100 = national average)
  • People in this area have a commute time breakdown of: <15 min (15.8%), 15-29 min (39.4%), 30-44 min (26.2%), 45-59 min (9.3%), >60 min (9.3%).

Data reported through 10/12/2016


Ask a local expert about this area:
RE/MAX Hometown Realtors
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Snapped 9 homes in this area
Long & Foster Real Estate, Inc.
Snapped 2 homes in this area

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