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Philadelphia MicroMarket Report – August 2021

Today’s #MarketMonday report highlights activity during August as well as 6-month sales statistics for featured Philadelphia and Main Line micro-markets. If you subscribe to my newsletter (on the right) and YouTube updates, you’ll know I’m passionate about sharing real-time market data and trends with you!

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Rittenhouse Square

New Rittenhouse Listings in August

  • 34 New Listings
  • $ Average – $729K
  • $ Median – $399K
  • DOM Average – 18
  • DOM Median – 15

New Rittenhouse Luxury Listings in August

  • 1706 Rittenhouse 2901 – 2 bd / 2.5 ba $5.9M (Active)
  • 2111 Pine Street – 4 bd / 4.5 ba in Fitler Square $2.2M (Pending))
  • 2004 Delancey $2.85M 6 bd / 4.5 ba historic townhome (Closed with 1 DOM)

Rittenhouse 6-Month Market Stats – 3.9 Months of Inventory

  • 191 Active Listings
  • 28 Active/Contingent
  • 38 Pending
  • 300 Closed

MidTown Philly

New MidTown Listings in August

  • 13 New Listings
  • 2 Pending (2 bd Condos #4504 and #4506 at Two Liberty)
  • 0 Closed Sales

New MidTown Luxury Listings in August

MidTown 6-Month Market Stats- 5.7 Months of Inventory

  • 66 Active Listings
  • 5 Active/Contingent
  • 8 Pending
  • 67 Closed

Main Line Homes with Pools

New Listings in August

  • 66 New Listings
  • 46 Active/Contingent
  • 78 Pending (Avg DOM 10)
  • 3 Closed

Main Line (w/ pools) 6-Month Market Stats – 1.45 Months of Inventory

  • 18 Coming Soon
  • 212 Active Listings
  • 95 Active/Contingent
  • 229 Pending
  • 1,112 Closed

For information about your micro-market, book a time on my calendar and let’s talk!

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Susanna Kunkel

Susanna Kunkel brings her skills from a career in the executive offices of major corporations to her real estate business - treating each client like a VIP. With 18 years of experience as a real estate advisor, you can be confident in knowledgeable, personalized, confidential service. Hear what her clients say - www.AskMeAboutSusanna.com

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