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Joseph Scorese
  • Banker
  • Philadelphia
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Philadelphia’s housing market is showing signs of flattening, with prices appearing t

Joseph Scorese
  • Banker
  • Philadelphia
Posted

Philadelphia’s housing market is showing signs of flattening, with prices appearing to have reached a ceiling and overall sales hitting their floor.

However, luxury sales priced over $1 million continue to defy this trend, demonstrating resilience in the market.

*Note: These luxury sales counts include single-family houses only; no condos, apartments, or co-ops.

For those interested, the full slide deck and market commentary can be downloaded here:

https://www.lebow.drexel.edu/faculty-research/centers-institutes/henderson-real-estate-institute/housing-reports

  • Joseph Scorese

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