Market Conditions in Philadelphia : Advice

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Jeri Creson, Real Estate Pro in Studio City, CA
Jeri Creson answered:
what is the real estate market considered to be now ????? "Good"?????? "Bad"????? . It is a seller's market??????
I'm from California, so I can't say, specifically how the market in Philly is…but I can say that I hear this question daily in my market. The answer is, "it depends". Nationall ... more
0 votes Share Flag Wed May 2, 2012 Market Conditions in Overbrook
Sheri Curci, Real Estate Pro in Philadelphia, PA
Sheri Curci answered:
how much sold 6796 hanely rd 63134?
what is 63134?

John Curci RE/MAX Properties

215-757-2889
0 votes Share Flag Mon Apr 2, 2012 Market Conditions in Philadelphia
Dmytro V. Bo…, Real Estate Pro in Philadelphia, PA
Dmytro V. Bova answered:
How much we can go down (%?) from the asking price at current market situation at PA 19130? for Condo type of property?
Well, this depends on the actual property and the building. It may also depend on just how motivated the seller may be. But perhaps, an offer at 10% less than asking price for a condo m ... more
0 votes Share Flag Wed Mar 28, 2012 Market Conditions in Philadelphia
Andrew Himes, Real Estate Pro in Collegeville, PA
Andrew Himes answered:
what is the real estate market like in Philadelphia , pa right now?
What part of Philadelphia are you speaking about? There are very distinct differences in the market in different sections of the city.

Andrew Himes
0 votes Share Flag Mon Mar 19, 2012 Market Conditions in Philadelphia
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
How's the the medium-price condo market in Philadelphia right now? Are we at the bottom yet? Or the price will go down furthur in this gloomy
i think its tough to make that call. its also in my opinion different in different parts of the city. waterfront square has started to stabelize/small price increases. other developmen ... more
0 votes Share Flag Sat Sep 10, 2011 Market Conditions in Philadelphia
Dan, Home Buyer in Alabama
Dan answered:
When selling your home when should you lower the price?
Sellers never take this advice:

Every month your home does not sell, reduce the price by 10%.

If you are unable to come to grips with this reality then consider defaulting.
0 votes Share Flag Mon Apr 2, 2012 Market Conditions in Philadelphia
Jefferson, Home Buyer in Bucks County, PA
Jefferson answered:
I spoke to someone a few months ago that offered to purchase our home. He was an investor. We live 2500 Manton Street. Philadelphia Pa. 19146
Is there a question here? Are you really asking something like "what's my home worth so that I know if the offer was a good one? Are you in pre-foreclosure, etc? Are you ev ... more
0 votes Share Flag Wed May 2, 2012 Market Conditions in Philadelphia
Uneek_dzine, Renter in Charlotte, NC
Uneek_dzine asked:
0 votes Share Flag Wed May 25, 2011 Market Conditions in West Mount Airy
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
what is the average days on market for philadelphia, pa?
Average days on the market does vary by exact location, pricing, condition, size, schools, etc.; for specific detailed information, do work work with/ask any local agent.
0 votes Share Flag Fri May 13, 2011 Market Conditions in Philadelphia
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
what is the absorption rate of East Falls? How quickly will a newly constructed apartment take to rent?
cathy...the question you ask isn't easily tracked...in philadelphia county very few places are rented with brokers...what i can tell you is that from 5/1-8/1 there are a lot of ren ... more
0 votes Share Flag Sat Apr 23, 2011 Market Conditions in East Falls
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
What are the average realtor transaction fees for the Philadelphia and surrounding counties?
Commissions are always negotiable between you and your agent, there are no set standards as it would go against Federal Laws--therefore consider interviewing a few local agents from dif ... more
0 votes Share Flag Mon Apr 11, 2011 Market Conditions in Philadelphia
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
I am debating about buying a one or two bedroom condo in Philadelphia. I am worried that I will have a hard time selling a one bedroom condo.
Vanessa,

The potenrial for resale is a factor that all buyers should consider when purchasing property. Size of home, location, proximity to schools, etc all contribute to desirabili ... more
0 votes Share Flag Wed Sep 28, 2011 Market Conditions in 19103
Lesley Barbo…, Real Estate Pro in Blue Bell, PA
Lesley Barbosa answered:
Now that 2010 is coming to a close, let's see what everyone thinks about 2011.
Better! I think your approach to everything speaks volumes about the person and professional you are. When things get tough work harder, do more for everyone you are lucky enough to rep ... more
0 votes Share Flag Fri Jan 7, 2011 Market Conditions in Philadelphia
Michael Gard…, Real Estate Pro in Center City West, Ph...
Michael Garden answered:
ARe the units at the Murano being sold with a parking space? if it's separate, what's the asking price?
At the Murano the parking is included in the asking price. If you are interested in seeing any of the units at there, or other condos with parking in the area, feel free to contact me. ... more
0 votes Share Flag Sun Oct 3, 2010 Market Conditions in Center City West
Hannah Angert, Real Estate Pro in Philadelphia, PA
Hannah Angert answered:
What's the market like in Francisville/Girard College?
Dollar for dollar I think West Philly, 19104 in particular, is a better investment for re-sale to the university population or holding as student or faculty rentals.

Hannah Angert
... more
0 votes Share Flag Mon Sep 27, 2010 Market Conditions in Philadelphia
Fred Glick, Real Estate Pro in Los Angeles County, CA
Fred Glick answered:
price per square foot in university city?
There is no such things as a ballpark number for an entire area.

What is the context you need this for?

Email me direct fred@usspaces.com with details and I will be happy to help.
0 votes Share Flag Sun Aug 28, 2011 Market Conditions in University City
Jose Rubio, Real Estate Pro in Raleigh, NC
Jose Rubio answered:
How many closed transactions were there in Phila. county in the past 6 months from today? Is this info public anywhere, or only on MLS? THANK YOU
I'm not in that area so I can't answer the 1st part of the question, but regarding the 2nd part. The closed transactions in the MLS is less than the total of closed transacti ... more
0 votes Share Flag Thu Aug 19, 2010 Market Conditions in Philadelphia
Larry Lichtm…, Real Estate Pro in Philadelphia, PA
Larry Lichtman answered:
Where can I find rental comps for a commercial property in Philadelphia?
Checkout Rentometer.com., LoopNet.com, MLS. You may want to build a relationship with a real estate professional who can run comps for you.

Please feel free to call me to discuss wh ... more
0 votes Share Flag Sat Jun 15, 2013 Market Conditions in Philadelphia
Lorri Paster, Real Estate Pro in Blue Bell, PA
Lorri Paster answered:
what are the real estate comps at Pier 3 in Phila PA?
Hi There!

In the past year, four units have sold...the 1 bedroom, 1.5 bath unit sold for $235,000 back in Aug of 2009, three 2 bedroom 2 bath units sold, one for $270,000 in Oct of 2 ... more
0 votes Share Flag Mon Aug 9, 2010 Market Conditions in Philadelphia
Michael Kind, Real Estate Pro in Philadelphia, PA
Michael Kind answered:
I am looking at properties for investment and wondering if 40th and Springarden is an area that is improving or declining?
40th and Spring Garden is on the outskirts of the Drexel campus so it can be expected that in the coming years as Drexel expands home pricing in the area will increase. Increased admis ... more
0 votes Share Flag Thu Aug 19, 2010 Market Conditions in Philadelphia
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