Philadelphia’s Condo Market Transitions to a “Seller’s Market” in Q2

Inventories hit an all-time low while sales hit a new post-recession high. September 6, 2018:   Hot sales activity, chilly inventory numbers and mixed prices characterize the current state of Philadelphia’s condo market. Here’s the latest numbers, courtesy of Allan Domb Real Estate: The average price of Philadelphia’s condos declined by 1.4% on a quality- and […]

Philadelphia’s Condo Market Shows Mixed Signals in Q1

After an aggressive 2017, prices pause at the beginning of 2018. May 23, 2018: After its best year since the recession, Philadelphia’s condo market decided to follow the local housing market’s lead and show some variegated indicators in the first quarter of 2018. Here’s the latest numbers, courtesy of Allan Domb Real Estate: The average […]

Philadelphia’s Condo Market Ends the Year on a High Note

The latest numbers make 2017 the best year since the recession. February 26, 2018: Ever since the last recession, the recovery of Philadelphia’s condo market has generally been both unbalanced and uneven. But, throughout 2017, it seems to have become more steady and uniform. Here’s the latest numbers, courtesy of Allan Domb Real Estate: The […]

Philadelphia’s Condo Market Shows Mixed Results Since Recession

Sales have generally recovered, but prices remain depressed in peripheral locations. September 5, 2017: The numbers for Philadelphia’s housing market have been very good recently. But, it’s a more nuanced story for Philadelphia’s condos, with location being the decisive factor. For the 20 years preceding the housing boom of the previous decade, the Philadelphia condo […]