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Tuesday, October 8, 2024

Philadelphia home prices rise in February 2017

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The median sale price of a home sold in February 2017 in Philadelphia rose by $15,100 while total sales decreased by 13.8%, according to BlockShopper.com.

In February 2017, there were 1,425 homes sold, with a median sale price of $85,000 - a 21.6% increase over the $69,900 median sale price for the same period of the previous year. There were 1,653 homes sold in Philadelphia in February 2016.

The median sales tax in Philadelphia for the most recent year with available data, 2016, was $1,222, approximately 1.4% of the median home sale price for February 2017.

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