See All Markets

Philadelphia

We’ve got cheesesteaks, Rocky, and the Liberty Bell, along with sports fans and unique neighborhoods in the City of Brotherly Love.

Office Location

Three Logan Square
1717 Arch Street, Suite 710
Philadelphia, PA 19103

45,800

Jobs Created
1.6%

$70,045

Median Household Income
6.1%

13,482

Total Housing Permits
3.7%

368

Total Number of Projects
-8.5%

$473,853

SFD New Home List Price
7.5%

1,527

New Home Sales
-3.3%
Monthly

Market Health

Philadelphia's population is 6.1M, with a total workforce of 2.9M. The labor market grew by 45,800 jobs over the past year, up by 1.6%. The median household income in Philadelphia is $70,045, 6.1% higher than last year and 14.1% above the national average of $61,372. In the housing market, total permits issued totaled 13,482 over the last twelve months, up 3.7% year-over-year.

Philadelphia has 368 active new home projects on the market, 8.5% fewer than the 402 from last year. The average list price in the market is $473,853, 7.5% higher than last year and 48.1% above the national average. Over the last three months, new home contracts decreased by 3.3% to 1,527. Middletown and Philadelphia had the highest concentration of the new home contracts in the Philadelphia market.

Our Experts

Work with leaders in the industry.

Victor Furnells

Vice President Sales, East

Victor Furnells

Vice President Sales, East


Steve LaTerra

Managing Director

Steve LaTerra

Managing Director


Shaun McCutcheon

Senior Manager

Shaun McCutcheon

Senior Manager


Get In Touch

We actively seek out exciting new real estate challenges. We'd love to start a conversation about any of our services with you.

Browse Services Get In Touch

Philadelphia Events

Philadelphia Posts

Services Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Tech Services Sign Up

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Zonda Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Newsletter Sign Up

Get housing market updates, new blog posts and event alerts. We'll keep you up to date with the latest news.
By clicking this button, you agree to our
Terms & Privacy Policy

Learn More About Our Products & Services

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy