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Philly Leader

Sunday, December 22, 2024

Philadelphia County home prices fell in Q1

Re 7

The median sale price of a home sold in the first quarter of 2023 in Philadelphia County fell by $98,000 while total sales decreased by 99.9%.

From January through March of 2023, there were seven homes sold, with a median sale price of $106,000 - a 48% decrease from the $204,000 median sale price for the same period of the previous year. There were 8,987 homes sold in Philadelphia County in the first quarter of 2022.

The following histogram displays changes in median sales prices in Philadelphia County from January 2022 to March 2023.

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023$204000$204000$220000$220000$205000$205000$190000$190000$106000$106000

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