The Lion's Den

News & Views About Real Estate in the Greater Philadelphia Area

What A Difference A Year Makes: Sales Up In the First Half of 2013

We are just about to publish our new issue of Buy/Sell, the market summary for the greater Philadelphia real estate area, but until that finishes production in early September, here’s a preview of the home sales data from Donald Pearson, chairman, Kurfiss Sotheby’s International Realty. On the whole, the market certainly has improved from one year ago. In some price categories, notably the mid-market (loosely defined as homes priced between $250,000 and $750,000), the market heated up considerably. July 2013 has been very strong, and looking ahead, Pearson sees more pending sales for $1,000,000 and above properties. Stay tuned for the next issue of Buy/Sell or contact our Philadelphia office at 215.735.2225 or New Hope office at 215.794.3227 for specific information about the market in your ZIP code.

2013-Midyear Update from Kurfiss Sotheby’s on Vimeo.

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