What's My Home Worth?
Get a free, AI-powered home valuation report based on current Philadelphia market trends and recently sold properties.
Free Report
No Obligation
Real-time Data
PHILADELPHIA REAL ESTATE
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 12 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 including many other factors – all factors we account for directly.
$455,000
Median Closed Sales Price
96.9%
Median list-to-sale ratio
88 days
Avg. Days On Market
27 days
Median DOM Closed Listings
67%
Homes closed below list price
6%
YoY Price Growth
SECTION 01
Median Prices by Listing Status
Where the market stands today — from homes still for sale, to those under contract, to what buyers actually paid at closing.
ACTIVE LISTINGS
$475,000
Median list price
1,053 listings
Median DOM: 54 days
$/sqft: $363
UNDER CONTRACT
$525,000
Median list price
514 listings
Median DOM: 54 days
$/sqft: $366
CLOSED SALES
$455,000
Median list price
3,340 listings
Median DOM: 54 days
$/sqft: $334
Median Price Comparison
Active · Pending · Closed
Median Price per Square Foot
List Price vs. Sold Price / sqft
SECTION 02
Days on Market
Speed is one of the strongest market signals. Pending homes are moving in under 3 weeks — a sign of strong buyer demand.
Median Days on Market by Status
How Fast Are Homes Moving?
DOM Distribution
Closed Listings — Speed Breakdown
Based on 3,340 closed transactions.
SECTION 03
Room to Negotiate
How much do buyers actually pay vs. asking price? Understanding the gap gives sellers a realistic pricing strategy.
Avg. % Below List
−4.65%
Average discount buyers receive from original list price
Avg. Dollar Difference
−$29,190
Average dollar amount sellers concede at closing
Median List-to-Sale Ratio
96.9%
Sellers achieve 96.9 cents on the dollar at closing
Monthly List-to-Sale Ratio Trend
How Negotiating Power Has Shifted Over 12 Months
Ratio above 100% = sold above list. Below 100% = sold below list. Mar 2025 – Mar 2026.
Buyer vs. Seller Power
How Homes Closed vs. List Price
What This Means for You
Seller's Takeaway
✓
Price close to market value
Homes priced accurately sell at 96–98% 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 23 days — buyer demand is real.
SECTION 04
12-Month Market Trends
Track how median sale prices and days on market have evolved month-by-month through March 2026.
Trend Analysis · Mar 2025 – Mar 2026
Closed Sale Price & Days on Market
SECTION 05
Condominiums vs. Fee Simple Homes
Ownership type tells two different market stories. Townhomes command higher prices but condos are gaining ground in walkable neighborhoods.
Ownership Type
Condominiums
1,696 listings · 1,081 closed · 462 active
Median List Price
$415,000
Median Sold Price
$390,000
−6.0% from list
List Price / sqft
$401
Sold Price / sqft
$380
−5.2% from list rate
Avg. Days on Market
44 days
Avg. Negotiate %
−5.43% below list
Ownership Type
Fee Simple (Townhomes)
3,052 listings · 2,155 closed · 553 active
Median List Price
$525,000
Median Sold Price
$495,000
−5.7% from list
List Price / sqft
$329
Sold Price / sqft
$315
−4.3% from list rate
Avg. Days on Market
25 days
Avg. Negotiate %
−4.31% below list
How Can I Get an Accurate Free Estimate for My Home’s Value?
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.
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.
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.
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.
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.
My realtor, Ari, got me an amazing deal. He was super dedicated and communicated well, making sure I was always informed and knew what our next steps were. Ask for Ari; rest assured, you'll have an amazing expert and friend on your team.He will fight to make sure you will get the best deal possible
I cannot explain how wonderful Kevin Allen was in our search and purchase of Philadelphia condo!! Kevin was tireless in finding options, setting up visits and getting answers to countless questions. Additionally, Kevin provided his expertise and knowledge of Philadelphia along the way.
We purchased our dream condo in Francisville area of Fairmount which is where we wanted.
Kevin went above and beyond for us with his service, positive attitude, and knowledge! We would recommend him to our friends and colleagues.
Kevin is an asset to your agency, congrats on the sale and most importantly for Kevin!!
Warmly,
George and Laura
We purchased our dream condo in Francisville area of Fairmount which is where we wanted.
Kevin went above and beyond for us with his service, positive attitude, and knowledge! We would recommend him to our friends and colleagues.
Kevin is an asset to your agency, congrats on the sale and most importantly for Kevin!!
Warmly,
George and Laura
We were looking for a home in the Fairmount area of Philadelphia so we could be close to our daughter and grandson. Jenna was wonderful to work with. She was on top of all the details associated with buying a house and always kept us informed as she guided us through each of the steps with buying a house, including connecting us with the very helpful mortgage and insurance agents.
I worked with Venture as a first time homebuyer and had a great experience. They were supportive, patient, well-connected, and trust worthy. I appreciated that they moved at my pace - both slow while I was learning, and then helping me close in under two weeks!! Jenna, Marissa, and the whole team were excellent to work with.
We worked with Scott Sepkowicz- he was incredibly helpful and knowledgeable. He was truly just a text/phone call away throughout the whole process which made us feel comfortable and confident purchasing our first house. We would recommend Scott 110%!
We worked with Jenna and Marissa to find and purchase our new home and we couldn't be more impressed with the whole process! They made everything smooth and easy, maintained consistent and clear communication, and made sure that we got the best possible deal. We would definitely recommend working with them!
There are no words to express how grateful I am for Scott and his team! He conquered every hurdle that came our way! He was able to sell my house as is with issues disclosed without me losing any money and relocated my family with ease to every part of this process! Thank you Scott for your impeccable work and handling this transaction with care and understanding!
As someone buying from out of state and taking a leap into the Philadelphia market, Aaron and the Venture Philly team exceeded every expectation.
I had been searching for my first investment property in my home state for over a year with no success. After finding Venture Philly, Aaron got on the phone right away, listened carefully to what I was looking for, and immediately committed to helping with the search. Within weeks, we had a great property under consideration.
Aaron toured the property himself first, sent detailed feedback, and then recommended I travel to Philadelphia to see it in person. After that visit, we submitted an offer.
Throughout the entire buying process, Aaron was my biggest advocate. He was extremely responsive, never pushy, and always patient with my questions and concerns. He also connected me with excellent partners, including insurance, a lender, and a home inspector who were all great to work with.
A few days before closing, my original out-of-state lender tried to change the terms on me. I was in full panic mode, but Aaron stayed calm, contacted the seller, secured a one-week extension, and looped in his local lender, who got me approved in just 3–4 days. We successfully closed and I secured my first investment property.
Even after closing, Aaron has remained just as responsive and supportive as he was from day one.
Huge thanks to Aaron and the entire Venture Philly team. I’d highly recommend them to anyone looking to buy in Philadelphia, especially if you’re investing from out of state.
I had been searching for my first investment property in my home state for over a year with no success. After finding Venture Philly, Aaron got on the phone right away, listened carefully to what I was looking for, and immediately committed to helping with the search. Within weeks, we had a great property under consideration.
Aaron toured the property himself first, sent detailed feedback, and then recommended I travel to Philadelphia to see it in person. After that visit, we submitted an offer.
Throughout the entire buying process, Aaron was my biggest advocate. He was extremely responsive, never pushy, and always patient with my questions and concerns. He also connected me with excellent partners, including insurance, a lender, and a home inspector who were all great to work with.
A few days before closing, my original out-of-state lender tried to change the terms on me. I was in full panic mode, but Aaron stayed calm, contacted the seller, secured a one-week extension, and looped in his local lender, who got me approved in just 3–4 days. We successfully closed and I secured my first investment property.
Even after closing, Aaron has remained just as responsive and supportive as he was from day one.
Huge thanks to Aaron and the entire Venture Philly team. I’d highly recommend them to anyone looking to buy in Philadelphia, especially if you’re investing from out of state.
As first-time homebuyers, my wife and I were definitely a bit out of our depth. Luckily, our agent Scott was super friendly, approachable, and most importantly super available (like, responsive at times when it would have been very forgivable not to be... Go Birds). He was extremely patient with us and took the time to explain all the unintuitive little details that we now know come with purchasing a house. He also came along with us on all of our house tours, no matter how last minute, and no matter how skeptical we already were going into a particular property. And the house we wound up settling on was actually his find—he gave us a huge advantage by identifying the house almost immediately before it came on the market (I'm not sure it was even listed on Zillow yet).
Our only gripe was with the software Venture uses for their digital signing—it's horrendous. Like, we probably wasted a couple hours because the signing software would keep resetting when a second person tried to access it, wiping out all of the many dozens of e-signatures we had already put in (also, I highly recommend working from a desktop computer if you can, as the software can be extremely frustrating using a trackpad on laptop, even when it's working properly... but I digress).
Overall, 10/10 for the actual personnel, and I can't see any reason why we won't be working with Scott and Venture for the forseeable future.
Our only gripe was with the software Venture uses for their digital signing—it's horrendous. Like, we probably wasted a couple hours because the signing software would keep resetting when a second person tried to access it, wiping out all of the many dozens of e-signatures we had already put in (also, I highly recommend working from a desktop computer if you can, as the software can be extremely frustrating using a trackpad on laptop, even when it's working properly... but I digress).
Overall, 10/10 for the actual personnel, and I can't see any reason why we won't be working with Scott and Venture for the forseeable future.
I couldn’t have asked for a better realtor! From start to finish, Terrell was such a strong advocate for my home needs. He truly listened to all my thoughts, questions, and concerns — no matter how big or small — and always made sure I felt heard. His communication was excellent throughout the entire process, keeping me in the loop every step of the way.
As a first-time homebuyer, I was honestly terrified going into this, but Terrell made me feel comfortable and confident the whole way through. He explained things clearly, never rushed me, and handled everything with patience and care. Beyond being a great realtor, he’s just a genuinely good and personable guy — someone who really looks out for his clients. I’m so grateful to have had him on my side and would highly recommend him to anyone looking for a home!
As a first-time homebuyer, I was honestly terrified going into this, but Terrell made me feel comfortable and confident the whole way through. He explained things clearly, never rushed me, and handled everything with patience and care. Beyond being a great realtor, he’s just a genuinely good and personable guy — someone who really looks out for his clients. I’m so grateful to have had him on my side and would highly recommend him to anyone looking for a home!
We had a wonderful experience working with Scott Sepkowicz. As first time home buyers, my wife and I had a lot of questions regarding the process. Scott was very patient and took time to address all our concerns. Very knowledgeable and excellent communication skills. Highly recommend Scott. Thank you for a wonderful experience!!!
Thank you for our new home, Scott!!
We had a great time working with Scott. He’s attentive, knowledgeable, and professional. We appreciated his quick responsiveness, even working late hours to ensure our offer was submitted without delay.
He helped us win a multiple offer situation without waiving inspections and helped negotiate $30k+ repair.
At every step, we felt confident knowing he had our best interests in mind, and we appreciated that he never pressured us into making a decision. His professionalism, dedication, and even his sense of humor made the entire process both smooth and enjoyable. We would recommend Scott Sepkowicz without hesitation to anyone looking for a trusted, reliable realtor.
We had a great time working with Scott. He’s attentive, knowledgeable, and professional. We appreciated his quick responsiveness, even working late hours to ensure our offer was submitted without delay.
He helped us win a multiple offer situation without waiving inspections and helped negotiate $30k+ repair.
At every step, we felt confident knowing he had our best interests in mind, and we appreciated that he never pressured us into making a decision. His professionalism, dedication, and even his sense of humor made the entire process both smooth and enjoyable. We would recommend Scott Sepkowicz without hesitation to anyone looking for a trusted, reliable realtor.
Jessie helped me find the perfect apartment for me!! She helped hand pick a bunch for me to look at and she took all of my wants and needs and showed me all the apartments within my parameters. She was a huge help!!
Matt Bigelow was incredibly helpful in finding the right rental property for me in Philly, and made touring properties a breeze! Should I need to find another property in the future, I will certainly be reaching out to Matt again.
Teresa is wonderful!!! She patiently guided us through finding the perfect home and navigated us through the process of buying a new build. We always felt supported by her & her team. And, we can’t recommend Teresa enough!
It was such a pleasure working with Scott Sepkowicz and the Venture Philly Group. As a first-time home buyer, I greatly appreciated how patiently and thoroughly Scott walked me through every step. Scott is communicative, easy and wonderful to work with, and proactive about sharing listings. He always took the time to add context about neighborhoods, properties, and all my options. Scott relieved so much of the stress and pressure of making an offer and negotiating with the seller––not only did we come in well under the listing price, he also negotiated money off the closing costs. Next time I’m in need, I’ll be reaching out to Scott.
Cora came highly recommended by friends who had successfully found their home through her, and I’m so glad I reached out. From the moment I connected with her, she helped me set up a personalized account based on the exact criteria I’d been searching for. Cora truly understood how important it was to find the right living space for my future, and she was incredibly accommodating with any adjustments I needed along the way.
She worked effortlessly to negotiate the best possible price for me, making sure I got real value without compromising on what I wanted. She was consistently communicative, professional, and genuinely helpful throughout the entire process. Thanks to her, getting a new home was not only easy,it was enjoyable. I highly recommend her to anyone looking for a smooth and successful home-buying experience!
She worked effortlessly to negotiate the best possible price for me, making sure I got real value without compromising on what I wanted. She was consistently communicative, professional, and genuinely helpful throughout the entire process. Thanks to her, getting a new home was not only easy,it was enjoyable. I highly recommend her to anyone looking for a smooth and successful home-buying experience!
Introduced to Scott Sepkowicz with the hope of looking at some areas of Philly that were growing with potential to buy in the future. Scott lined up so many beautiful houses, we could not help ourselves. He made every step of the home buying process so easy and answered every question we had. We work at odd nights of the day, and he always took time to make sure our concerns were always answered. He was able to negotiate with the sellers to cover thousands of dollars in closing costs, which took a huge financial burden off our shoulders. On top of that, he secured additional concessions that made the deal even better.
Thank you Scott for making this process so easy and helping us find our dream home!
Thank you Scott for making this process so easy and helping us find our dream home!
We had a wonderful experience working with Ari Silverman! He was so knowledgeable of the neighborhood where we were focusing our home search (Fishtown/Olde Kensington) and offered helpful insight to our unique buying situation. We are grateful for his expertise!
Philadelphia Real Estate Blog:
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Success Stories
Experienced agents share their success stories with us
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
