Old City Philly Real Estate 2015 In Review

Sales Price to Last List Price Ratio (5-Year Chart)

Welcome to this new blog!  First, let's look at what happened in Old City at-large in 2015. And it was a very good year.

There were lots of positive developments in the 19106 zip code.  Versus last year, there were 14.48% more properties listed.  This year, 30.78% more properties sold, and they sold for an average of 6.95% more.  

The average days on market was down 4.65% from last year as well.  Because of this positive activity, there was a 36.36% decrease in average months of inventory, down from 11 months for 2014 to 7.67 months in 2015.  

You can see what's currently for sale in Old City right now at this link.

2015 Median Original Price vs. Median Sales Price Chart

Units Listed	Listed Volume	Listed Average	Pended Listing	Units Sold	Sold Volume	Sold Average	Average DOM
Up 14.48%	Up 19.59%	Up 4.46%	Up 30.99%	Up 30.73%	Up 39.82%	Up 6.95%	Down 4.65%