Philly Ranked #2 Most Stable Real Estate Market

By
Real Estate Agent with Keller Williams

Philadelphia has been ranked the number 2 most stable real estate market in America by the real estate website Zillow.com.  The ranking is based on the Zillow home value index that measures the median value for homes currently on the market to reveal which markets experience the least price volatility.

Philadelphia, Pennsylvania

Average absolute monthly change: 0.11%
Largest monthly change: 0.14% (+/-)
Smallest monthly change: +0.05%

Over the past 12 months
Zillow home value index (high): $209,900
Zillow home value index (low): $208,600

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Comments (3)

Richard Shuman
The Only B.S. I Have is from the University of Massachusetts - Lake Mary, FL
Real Estate Broker - Orlando Area - Love Referrals

Congratulations Philadelphia!

Hopefully your good fortune will spread throughout the country. We could sure use the help!

Sep 01, 2010 03:25 AM
Richard Shuman
The Only B.S. I Have is from the University of Massachusetts - Lake Mary, FL
Real Estate Broker - Orlando Area - Love Referrals

Forgot to mention...

What an incredible picture of Philadelphia!

No wonder it's doing well.

Sep 01, 2010 03:27 AM
Victor Zuniga
Berkshire Hathaway Home Services California Properties - San Diego, CA

That's awesome! Congratulations and I hope Philadelphia stays that way.

Sep 02, 2010 07:54 AM