Asking Prices and Inventory for Homes in Philadelphia Pennsylvania

As of May 23 2011 there were about 21,593 single family and condo homes listed for sale in Philadelphia Pennsylvania. The median asking price of these homes was approximately $189,000. Since this time last year, the inventory of homes for sale has increased by 7.2% and the median price has decreased by 5.5%.

	May 23, 2011	Month/Month	Year/Year
Median Asking Price	$189,000	+2.2%	-5.5%
Home Listings/Inventory	21,593	+4.7%	+7.2%

Recent Asking Price and Inventory History for Philadelphia

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
05/23/2011	21,593	$119,900	$189,000	$290,000
05/16/2011	21,422	$119,900	$189,000	$290,000
05/09/2011	20,958	$119,900	$188,000	$291,900
05/02/2011	20,809	$119,900	$188,900	$290,000
04/25/2011	20,631	$119,900	$185,000	$289,990

Philadelphia Asking Price History

The median asking price for homes in Philadelphia peaked in May 2007 at $232,700 and is now $43,975 (18.9%) lower. From a low of $175,000 in February 2011, the median asking price in Philadelphia has increased by $13,725 (7.8%).

25th, Median (50th) and 75th Percentile Asking Prices for Philadelphia Pennsylvania

Philadelphia Housing Inventory History

Housing inventory in Philadelphia, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 21,525 in June 2007. The lowest housing inventory level seen was 16,805 in April 2006.

Housing Inventory for Philadelphia Pennsylvania

Philadelphia Asking Price and Inventory History

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
May 2011	21,196	$119,900	$188,725	$290,475
April 2011	20,114	$119,175	$185,200	$289,948
March 2011	19,727	$113,450	$179,200	$281,175
February 2011	18,881	$109,950	$175,000	$275,000
January 2011	18,435	$109,920	$175,778	$275,960
December 2010	19,852	$110,600	$178,575	$277,950
November 2010	20,898	$115,425	$183,580	$285,760
October 2010	21,401	$119,225	$189,675	$293,150
September 2010	21,427	$118,813	$189,900	$295,000
August 2010	21,184	$118,980	$191,440	$299,260
July 2010	21,168	$119,800	$197,725	$301,975
June 2010	20,774	$119,924	$199,667	$310,587
May 2010	20,340	$119,940	$199,900	$315,200
April 2010	20,574	$119,900	$199,675	$310,750
March 2010	18,829	$115,580	$194,240	$303,560
February 2010	18,232	$109,725	$187,450	$299,650
January 2010	17,535	$109,175	$184,975	$299,675
December 2009	18,283	$109,675	$187,975	$301,700
November 2009	18,936	$112,540	$192,780	$313,530
October 2009	19,649	$114,900	$196,375	$318,225
September 2009	19,459	$114,948	$198,475	$319,125
August 2009	20,141	$118,155	$199,540	$322,918
July 2009	20,466	$119,900	$199,950	$325,000
June 2009	20,077	$119,980	$203,980	$329,720
May 2009	19,958	$122,550	$206,850	$331,675
April 2009	19,664	$125,450	$208,050	$334,975
March 2009	18,821	$124,940	$206,180	$329,940
February 2009	18,179	$122,825	$199,950	$327,000
January 2009	18,319	$119,987	$201,344	$326,014
December 2008	19,108	$119,966	$203,831	$327,761
November 2008	20,677	$119,945	$206,237	$329,452
October 2008	20,915	$119,924	$208,725	$331,200
September 2008	20,652	$121,900	$209,324	$333,450
August 2008	20,478	$121,825	$210,175	$336,725
July 2008	20,505	$124,925	$215,675	$339,675
June 2008	20,414	$125,000	$219,279	$344,840
May 2008	20,213	$126,375	$219,800	$349,568
April 2008	19,597	$124,950	$219,125	$349,900
March 2008	19,199	$122,720	$216,380	$348,060
February 2008	18,764	$119,900	$213,169	$339,947
January 2008	18,288	$119,900	$214,900	$343,450
December 2007	19,626	$121,960	$216,160	$342,860
November 2007	20,733	$124,949	$219,697	$347,705
October 2007	21,059	$128,131	$221,380	$349,450
September 2007	20,759	$129,900	$224,775	$349,900
August 2007	20,806	$131,300	$225,700	$349,900
July 2007	20,761	$134,560	$229,720	$352,042
June 2007	21,525	$136,225	$232,200	$358,550
May 2007	20,839	$135,000	$232,700	$359,675
April 2007	19,593	$131,520	$229,740	$359,938
March 2007	18,481	$128,525	$227,675	$359,900
February 2007	18,217	$128,475	$224,450	$356,947
January 2007	18,246	$125,360	$219,920	$351,980
December 2006	19,609	$127,350	$219,974	$352,530
November 2006	20,659	$129,800	$220,725	$349,999
October 2006	20,985	$129,900	$224,420	$349,998
September 2006	20,608	$129,675	$223,700	$349,900
August 2006	20,014	$129,925	$224,525	$351,072
July 2006	19,744	$132,759	$226,660	$355,686
June 2006	18,760	$134,369	$228,975	$355,102
May 2006	17,947	$132,500	$227,560	$359,066
April 2006	16,805	$129,183	$224,566	$351,666