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Tuesday, October 8, 2024

Philadelphia home prices rise in January 2017

Realestate4

The median sale price of a home sold in January 2017 in Philadelphia rose by $8,200 while total sales increased by 5.3%, according to BlockShopper.com.

In January 2017, there were 1,835 homes sold, with a median sale price of $85,000 - a 10.7% increase over the $76,800 median sale price for the same period of the previous year. There were 1,742 homes sold in Philadelphia in January 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 January 2017.

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