The Philadelphia Metro saw sold listings leave the market in 10 days, the fastest on record. The median sales price rose by a record $40K compared to September 2019.
Philadelphia Market Update:
- The metro area median sale price ($285.0K) hit a September high, up by a ten-year record +$40.0K (16.3%) from last year.
- Sales hit a September ten-year high, with the best year-over-year gain since November 2012.
- Homes left the market their fastest pace on record, as several counties saw their days on the market decline by a month or more.
- The number of sold listings coming off the market in ten days or less (4,251) leaped 145.4%.
Contact Us to discuss Philadelphia Market Update or for a free investment consultation.
Source for this post: Bright MLS.