What's My Home Worth?
Get a free, AI-powered home valuation report based on current Philadelphia market trends and recently sold properties.
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Real-time Data
PHILADELPHIA REAL ESTATE
Real Estimate your home’s value
Your home’s value depends on hyper-local factors that national tools often miss.
$1,640,100
ALGORITHM ESTIMATE
- Algorithm-based estimate
- No property walk-through
- Limited hyper-local nuance
- No pricing strategy
$1,625,094
DATA-DRIVEN ONLY
- Data-driven only
- Market lag in updates
- No expert negotiation insight
- No local positioning strategy
- Most Accurate Pricing
$2,750,900
Local EXPERT STRATEGY
- Real Local Market Experts
- Hyper-Local Data
- In-Person Property Assessment
- Strategic Pricing Positioning
- Real-Time Buyer Demand Signals
Algorithms estimate. We strategize.
PHILADELPHIA REAL ESTATE
Center City Market Snapshot
Comprehensive residential sales data covering active listings, pending contracts, and closed transactions across Center City Philadelphia over the last 28 months. Your specific home’s value depends on many factors such as finishes, layout, floor level, parking, outdoor space, and price comparable sales near you.
$460,000
Median Closed Sales Price
97.5%
Median list-to-sale ratio
33 days
Avg. Days On Market
25 days
Median DOM Closed Listings
65%
Homes closed below list price
4%
YoY Price Growth
MARKET DATA
Explore the Numbers
Active Listings
$450,000
Median DOM: 62 days
1,536 listings
$/sqft: $343
Under Contract
$500,000
Median DOM: 29 days
581 listings
$/sqft: $361
Closed Sales
$460,000
Median DOM: 26 days
7,839 sales
$/sqft: $336
Median Price Comparison
Active · Pending · Closed
Median Price Per Square Foot
List Price vs. Sold Price / sqft
Median Days on Market by Status
How Fast Are Homes Moving?
DOM Distribution
Closed Listings — Speed Breakdown
Based on 7,839 closed transactions.
Avg. % Below List
−3.00%
Average discount buyers receive from original list price
Avg. Dollar Difference
−$21,423
Average dollar amount sellers concede at closing
Median List-to-Sale Ratio
97.2%
Sellers achieve 97.2 cents on the dollar at closing
Monthly List-to-Sale Ratio Trend
How Negotiating Power Has Shifted Over 28 Months
Ratio above 100% = sold above list. Below 100% = sold below list. Mar 2024 – Jul 2026.
Buyer vs. Seller Power
How Homes Closed vs. List Price
Sold Below List (67.0%)
Sold At or Above List (33.0%)
What This Means for You
Seller’s Takeaway
-
Price close to market value Homes priced accurately sell for 97–99% of list in under 30 days.
-
67% sold below original list Overpricing leads to DOM creep and bigger eventual discounts.
-
Pending homes moved fast Contracts went pending in a median of 29 days — buyer demand is real.
Trend Analysis · Mar 2024 – Jul 2026
Closed Sale Price & Days on Market
* Jul 2026 is partial — data through July 15.
Ownership Type
Condominiums
3,238 listings · 2,476 closed · 592 active
Median List Price
$405,250
Median Sold Price
$400,000
−1.3% from list
List Price / sqft
$394
Sold Price / sqft
$381
−3.3% from list rate
Ownership Type
Fee Simple (Townhomes)
6,397 listings · 5,106 closed · 903 active
Median List Price
$500,000
Median Sold Price
$495,000
−1.0% from list
List Price / sqft
$320
Sold Price / sqft
$312
−2.3% from list rate
May · Jun
Best months to list
+13%
Spring price premium vs. winter
18 days
Median DOM in peak season
Seasonal Price Pattern
Median Sale Price by Month ▲ Peak: Jun
Based on 7,839 closed sales across Mar 2024 – Jul 2026.
Seasonal Speed Pattern
Median Days on Market by Month ▲ Slowest: Feb
Fewer days = faster market. Spring and early summer move fastest.
Monthly Breakdown — All Metrics
Seasonal Performance by Calendar Month
| Month | Median Price | Median DOM | L2S Ratio | Closed Sales |
|---|
Overall Market
5.4 mo
Balanced Market
1,536 active listings ÷ 286 avg. monthly closings
Condominiums
6.7 mo
Buyer’s Market
592 active ÷ 89 avg. monthly closings
Fee Simple (Townhomes)
4.8 mo
Balanced Market
903 active ÷ 187 avg. monthly closings
Absorption Rate Visualized
Months of Supply — Overall vs. Property Type
Seller’s Market
< 4 mo
Low inventory, upward price pressure, faster sales
Balanced Market
4 – 6 mo
Roughly equal supply and demand, stable prices
Buyer’s Market
> 6 mo
Excess supply, downward price pressure, longer DOM
Active listings (all)1,536
Avg. monthly closed sales (last 6 months)286
Months of supply — Condominiums6.7 months
Months of supply — Fee Simple4.8 months
Months of supply — Overall5.4 months
Absorption rate = active listings ÷ avg. monthly closed sales. Based on last 6 full months of data (Jan–Jun 2026).
Median Sale Price by Neighborhood
Top 12 Neighborhoods Ranked
Speed vs. Price — Neighborhood Comparison
Median DOM by Neighborhood
Full Neighborhood Data
Center City Philadelphia — All Submarkets
| Neighborhood | Median Price | Median DOM | L2S Ratio | Avg Negotiate | Sales | Price Trend |
|---|
Neighborhoods with fewer than 50 closed sales excluded. Data: Mar 2024 – Jul 2026.
HOW IT WORKS
How Can I Get an Accurate Free Estimate?
With over 40 years of combined experience, our team of real estate agents in Philadelphia has the network and expertise to get your property noticed. On average, our listings go under contract within the first two weeks on the market. We handle everything from start to finish—pricing, marketing, negotiations, and paperwork—so you don’t have to worry.
STEP 01
Initial Consultation
We meet to understand your goals and timeline. We don’t just list; we plan. We’ll discuss the selling process and answer any questions you have. We want to understand your specific needs then build a road-map that align with your goals and your timeline.
STEP 02
Market Analysis
Our team performs a deep dive into local market trends to price your home competitively and maximize your return. We provide expert insight on local trends, buyer & showing activity, ROI-based home improvements, and competitive pricing strategy.
STEP 03
Market Strategy
We deploy a custom marketing plan that aligns with your specific goals and your preferred timeline to create maximum exposure. We will discuss professional photos, videos, broker incentives to targeted social media that ensures your First Open House is packed.
COMMON QUESTIONS
Frequently Asked Questions
Navigating the Philadelphia real estate market can be complex. Philadelphia home values vary block by block. With the guidance of experienced professionals, you can make the most informed decisions and save more money.
Yes, but For Sale By Owner homes in Philly sell for far less than those listed with professional Philadelphia real estate agents. Realtors have fiduciary duty to their clients, protect your asset from risk & liability, handle pricing strategy, marketing, negotiations, and paperwork to get you top value.
Expect agent commission, closing costs, and possible repair or staging expenses. A Philadelphia real estate agent can give you a full breakdown before listing.
Philadelphia’s 10-year tax abatement program has a dramatic effect on buyer demand. Properties with years remaining may command measurably higher prices.
Condo or HOA fee structures, building amenities, and assessment history all affect net buyer purchasing power – and therefore your effective sales price.
On average, homes spend about 85-88 days on the market, but this depends on price, neighborhood, and demand.
Many websites offer free tools like Zillow, Redfin, and Realtor.com, but these can miss hyper-local factors that affect your home prices near you. Our AI-powered, local analysis gives the most accurate home value estimator.
You can start with online tools, but for a truly accurate, no-obligation estimate, speak with a real estate agent in Philadelphia who knows the local market trends.
You can start with online tools, but for a truly accurate, no-obligation estimate, speak with a real estate agent in Philadelphia who knows the local market trends.
Yes! Selling quickly depends on pricing, condition, and exposure. For detailed guidance, check out our article How do I sell my home fast in Philadelphia? for expert tips from local real estate brokers, including step-by-step strategies, staging advice, and neighborhood-specific insights.
Talk to A Local Expert
A local Philadelphia Realtor® will review your home info and provide a free, no-obligation estimate. Know exactly what your home is worth and make informed decisions.
CLIENT SUCCESS STORIES
210+ Five-Star Google Reviews
Real clients. Real results. See why Philadelphia homeowners and buyers trust Venture Philly Group.
EP
Erika Pranzo
March 2026
Google
"Seamless process from start to finish. In a time where condos were dropping prices, we received 3 competitive offers. Highly recommend!"
Verified Google Review
Helpful 12RN
Rachel Navarra
February 2026
Google
"Thanks to Ari, his insights helped me save $60,000 in savings and equity. I used to be a tenant in the very triplex I now own!"
Verified Google Review
Helpful 18AG
Amy Goldstein
January 2026
Google
"Jenna went above and beyond. She pointed out issues I wouldn't have noticed. It was clear she genuinely cared about finding the right house, not just making a sale."
Verified Google Review
Helpful 9ZC
Zach Carduner
November 2025
Google
"Scott found our house before it even hit Zillow — that head start was huge. Patient with every question, no matter how last-minute the tour request."
Verified Google Review
Helpful 21SM
Samerah Moment
October 2025
Google
"Terrell truly listened to every concern. As a first-time homebuyer I was terrified, but he made me feel comfortable and confident the whole way through."
Verified Google Review
Helpful 14MS
Monil Shah
September 2025
Google
"As first-time homebuyers we had so many questions. Scott was patient, knowledgeable, and had excellent communication. Truly a wonderful experience!"
Verified Google Review
Helpful 7
Seamless process from start to finish!! I worked with Scott Sepkowitz to sell my condo and he made it so much easier than expected. He was available to contact at almost any time to answer my questions and was very quick with getting things moving. In a time where condos were dropping their prices, we ended up receiving 3 competitive offers. Highly recommend!!
Erika Pranzo
Homebuyer
I’m a home owner! Thanks to Ari, the whole process went incredibly smoothly. Not only did he navigate the deal seamlessly, but Ari’s insights also helped me save $60,000 in both savings and equity. I used to be a tenant in the very triplex I now own, and Ari made it possible for me to buy both the building and the parking lot behind it!
Rachel Navarra
Homebuyer
I had an amazing experience working with Jenna Ferreri on the purchase of my home! From start to finish, she went above and beyond to ensure the process was smooth and stress-free. They provided clear, straightforward advice and even pointed out potential issues in homes that I wouldn’t have noticed on my own. It was clear they genuinely cared about helping me find the right house, not just making a sale.
Thanks to their dedication, I found the perfect home, and I couldn’t be happier.
Amy Goldstein
Homebuyer
Thanks to her persistence and unwavering commitment, we were able to push through every obstacle and make it to closing. I’m now living in my new home, and it’s all thanks to Elaine! If you’re looking for a real estate agent who will truly go the extra mile, she’s the one you want by your side.
Feng Xu
Homebuyer
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