Up, Up, Up: Median List and Home Prices for Philly Metro
Zillow.com has released its monthly home values report derived from activity on the website. The results include data up through June 30, 2013. The below applies to both single-family homes and condos/co-ops. Any comparative language is in relation to May 2013.
Median list price: $220,000 UP
Median sale price: $225,000 UP
Median rent price: $1,300/month DOWN
Total homes sold: 9,913 UP
Sale-to-list price ratio: 0.969 UP
Listings with price cuts: 36.72% UP
Amount of price cut: 5.35% UP
Sold for loss: 24.43% DOWN
Sold for gain: 74.46% UP
Sold in past year: 3.35% DOWN