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July 2008 Market Report: West Philadelphia 19131

By
Real Estate Agent with Palmer House Properties 292385

Market Report for West Philadelphia 19131: Period covered July 1,2008-July 31,2008

 

There currently 196 Active listings on the market

  • 165 of these listings are single family homes
  • 31 of these listings are condominiums
  • 51 of these listings are new to the market during the money of July

As of 7/31/2008 there were 36 pending transactions. Note: Listings with a pending status is an indication that the property has received an acceptable offer and the property is pending sale.

There were 12 sold listings in the month of July.

  • Average DOM (Days on the market) was *89 days.
  • Homes sold at an *average 82.63% of listing price
  • Low: $25,000 at 82.63% of list price & 35 DOM (Days on market)
  • Medium: $105,000 at 100% of list price & 1 DOM (Day on market)
  • High: $190,000 at 97.94% of list price & 28 DOM (Days on market)

 

*Factors contributing to the sales price percentage and the time spent on the market are property conditin and pricing. Make note that taking true market value and condition of your property into consideration when determining your list price will increase your sales price percentage and decrease your listing period.

There were 5 expired listings.

Note: If your property falls within the category of an expired listing there is a reason why. Hurry to the nearest phone and contact me to have your home placed in the SOLD category!

Posted by

Selling? Buying? You should call me for that. Dee Neal Palmer House Properties 678.387.9309

                                           
Dee Neal Atlanta Area Real Estate

Dee Neal:PalmerHouse Properties, Atlanta Real Estate

Email: Dee@atlantanewhomesupply.com

Call me: 678.387.9309

 

 

 

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