Market Update
Philadelphia
Q3 2026
Residential Property Snapshot
All | Q3 2026
Med. Sales Price
$280k
4% more than in
Q3 2025
Q3 2025
Avg. Days On Market
47
4% fewer than in
Q3 2025
Q3 2025
Closed Sales
3,378
5% fewer than in
Q3 2025
Q3 2025
Inventory
5,334
16% more than in
Q3 2025
Q3 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
- Townhomes
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q3 '22 | $266k | $326k | 4217 |
| Q3 '23 | $265k | $331k | 3578 |
| Q3 '24 | $270k | $337k | 3673 |
| Q3 '25 | $270k | $339k | 3570 |
| Q3 '26 | $280k | $355k | 3378 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
- Townhomes
| Closed Under $500k | 82.5% |
|---|---|
| Q3 '26 | 2787 |
| Q3 '25 | 3046 |
| 1YR CHANGE | -9% |
| Closed $500k - $1m | 13.9% |
| Q3 '26 | 470 |
| Q3 '25 | 414 |
| 1YR CHANGE | +14% |
| Closed $1m - $2m | 3.0% |
| Q3 '26 | 100 |
| Q3 '25 | 85 |
| 1YR CHANGE | +18% |
| Closed Over $2m | 0.6% |
| Q3 '26 | 21 |
| Q3 '25 | 25 |
| 1YR CHANGE | -16% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
- Townhomes
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q3 '22 | 35 | $266k |
| Q3 '23 | 43 | $265k |
| Q3 '24 | 44 | $270k |
| Q3 '25 | 49 | $270k |
| Q3 '26 | 47 | $280k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
- Townhomes
| Q3 2026
Rotate your device to view as table
'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
16%
New Listings
New Listings represents the number of properties listed during the quarter.
10%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
20%
Closed Sales
-5%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
-4%
Art Museum Area
Median
$525k
DOM
33
Sales
43
Inv
33
Avenue of the Arts
Median
$285k
DOM
82
Sales
56
Inv
99
Bella Vista
Median
$460k
DOM
38
Sales
21
Inv
13
Chestnut Hill
Median
$930k
DOM
20
Sales
27
Inv
24
Chinatown
Median
$252k
DOM
152
Sales
6
Inv
21
Fishtown
Median
$477k
DOM
39
Sales
56
Inv
97
Fitler Square
Median
$964k
DOM
50
Sales
20
Inv
14
Graduate Hospital
Median
$685k
DOM
39
Sales
83
Inv
84
Loft District
Median
$297k
DOM
114
Sales
10
Inv
40
Logan Square
Median
$505k
DOM
53
Sales
29
Inv
34
Manayunk
Median
$380k
DOM
37
Sales
41
Inv
32
Naval Square
Median
$695k
DOM
52
Sales
9
Inv
11
Northern Liberties
Median
$615k
DOM
55
Sales
47
Inv
82
Old City
Median
$452k
DOM
38
Sales
28
Inv
40
Olde Kensington
Median
$548k
DOM
44
Sales
14
Inv
39
Packer Park
Median
$573k
DOM
61
Sales
6
Inv
12
Passyunk Square
Median
$440k
DOM
60
Sales
39
Inv
30
Point Breeze
Median
$303k
DOM
36
Sales
110
Inv
156
Queen Village
Median
$524k
DOM
51
Sales
34
Inv
29
Rittenhouse Square
Median
$501k
DOM
76
Sales
89
Inv
153
Society Hill
Median
$575k
DOM
55
Sales
29
Inv
39
Spring Garden
Median
$338k
DOM
47
Sales
25
Inv
28
University City
Median
$365k
DOM
46
Sales
35
Inv
78
Washington Square
Median
$313k
DOM
71
Sales
48
Inv
76
Washington Square West
Median
$305k
DOM
74
Sales
49
Inv
77
West Mount Airy
Median
$580k
DOM
39
Sales
33
Inv
29