Market Conditions in 19125>Question Details

D, Other/Just Looking in Philadelphia, PA

Are house prices in Fishtown going to rise or decline in the next year? what do u think and why?

Asked by D, Philadelphia, PA Thu Jan 10, 2008

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I am an investor and have had rental properties in Fishtown for close to 19 years. It is a great area and I don't know why it took so long for it to take off. The next 12 months might be slow and good time to buy, but the future to me looks good over the next few years. It is close to Center City, Temple, shopping, the shore and easy access to I95 & I76. The Casino will attract workers looking for affordable homes and rentals in close proximity, that are affordable and in good neighborhoods. That is what Fishtown offers! I think it is a great investment and I am always looking for houses in Fishtown.

Mike Jordan
info@mjj1.com
http://www.mjj1.com
215-870-3903
Web Reference: http://www.mjj1.com
0 votes Thank Flag Link Tue May 13, 2008
No one has a crystal ball to predict the future, but most agents are happy to let you know a snapshot of the current market and growing trends.

Please feel free to call (267-560-7694) or email (andrew@usspaces.com) for one.
0 votes Thank Flag Link Sun Jul 27, 2014
if you are looking for agood house in great location check out mls #5321947+5321640 located one block n of broad and spring garden open house sunday 1 to 3
0 votes Thank Flag Link Wed Jun 4, 2008
There are many parts of Fishtown with price ranges varying accordingly based on location. Parts of 19125 are not really even Fishtown but classified as such due to the confusion on how us to classify it. That being said, I am bullish on all of Fishtown, the whole zip code of 19125. The area provides a compelling value for many types of buyers and since there is a large pool of buyers, that will do well for the market long-term. Further, there is substantial new construction that has been completed, is in the process and being planned for the area. These projects in addition to rehabs and the like will continue to help values. It is difficult to say what will happen in the next year. I would feel comfortable making the prediction that home values will stay stable in the next 12 mos, may be up slightly or may be down slightly. With a lot of inventory in 19125, it provides for a nice buyers market to get a house in the area at a very good price since the buyer has negotiating power and can negotiate for repairs on top of that. Going further out 5 years, I think those that buy in Fishtown now or have purchased recently or just own properties in the area will do very well. Disclosure - I own properties in fishtown. As the previous person said, feel free to browse my site as well at http://www.thesomersteam.com for property searches in Fishtown. We also have a number of properties listed in Fishtown currently and help many many people every year both buy and sell in the neighborhood. Good luck with your real estate goals.
0 votes Thank Flag Link Thu Jan 10, 2008
Hello Just Looking:

I am a Realtor that assist buyers in that area of Philadelphia. Fishtown offers easy access to down town center city and transportation. Home prices are available to most income levels as well as the higher end homes and developers offering new condos and townhomes. Its hard to predict the future however, fishtown like the center city market is very similiar. Prices over the past year and into the near future are stable eventhough we are not in a sellers market. I see opportunities for home buyers with more homes to choose from and more negotiation opportunities unlike previously.

Feel free to visit my website http://www.MyPhilaRealtor.com to search the entire MLS for homes for sale. There you can select philadelphia as the county and then select fishtown as the town....then simply click search to view all the current active listings in Fishtown. You can also use my Market SnapShot to get a feel as a buy for what properites have sold for as well as whats currently listed...however you would need to choose a subject property...maybe a home you might be considering.

Contact me If I can be of any futher assistance. I wish you the best on your home search and am here to be of any futher assistance to you.

Tom Napoli, Realtor
Keller Williams Real Estate
Direct 215-321-1769
Main 215-757-6100 Ext 374
0 votes Thank Flag Link Thu Jan 10, 2008
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