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