Is Philadelphia, PA 19129 a buyer’s or seller’s market?
Philadelphia is a seller’s market. With about 2.8 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.8Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list100.7%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$274▼ −5.7% vs. last year
Run the numbers for 19129
Nearby markets
Philadelphia 19102Balanced $322 /sq ftPhiladelphia 19103Balanced $477 /sq ftPhiladelphia 19104Buyer’s market $187 /sq ftPhiladelphia 19106Seller’s market $407 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology