In 19104 as a whole, buyers paid over 92% of asking price during past 12 months - according to MLS. However, the Penn Catchment area has several divisions. If you are looking just at the Penn Alexander School catchment, this area is much different than say Penn;'s Expanded Catchment Zone 2. The new University Special Services District Report is essential to understanding the complex market here.
The bottom line is you need a professional to guide you through this statistical jungle. If you are serious about buying, interview me. If you're just "kicking tires", feel free to keep looking!