South Philadelphia Real Estate Market Extends Weakening in Contracts

Sales fell to 18 homes sold in the South Philadelphia market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with 12 completed in the same period. Months of inventory in South Philadelphia spiked to four but prices came down, as the median sales price dropped to $211,750.

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Demographic facts about South Philadelphia:

  • 50.8% of the people in this area are homeowners.
  • The student-to-teacher ratio is 16.9:1. (15.3:1 = national average)

Data reported through 1/11/2017


Ask a local expert about this area:
Capital Commercial Real Estate Group
Snapped 4 homes in this area
Bhhs Fox & Roach-Center City Walnut
Snapped 12 homes in this area
Coldwell Banker Preferred-Center City
Snapped 3 homes in this area

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