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Sunday, December 22, 2024

Philadelphia County home prices fell in the second half of 2022

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The median sale price of a home sold in the second half of 2022 in Philadelphia County fell by $10,000 while total sales decreased by 0.7%.

From July through December of 2022, there were 9,193 homes sold, with a median sale price of $200,000 - a 4.8% decrease from the $210,000 median sale price for the same period of the previous year. There were 9,261 homes sold in Philadelphia County in the second half of 2021.

The following histogram displays changes in median sales prices in Philadelphia County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$210000$210000$210000$210000$200000$200000

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