Archive for September, 2010

University City Market Stats

Monday, September 13th, 2010

In the University City Area in 19104 zip code in 2010, through the month of August, there were 179 residential units listed for sale so far with an average listing price of $169,56181 units have gone pending (under contract) in 2010 and 69 have settled. Total sales volume in 19104 is $13,022,400, with an average sales price of $188,730. The average days on the market are 59. Currently there are 98 homes in inventory. There is an average of 8 sales per month in 19104, which means there is a 12 month supply of homes (inventory accumulation) on the market if no other homes are listed for sale.

Center City, Old City & Society Hill Market Stats

Friday, September 10th, 2010

center city real estateIn the Center City, Old City and Society Hill Areas in 19107 and 19106 zip codes in 2010, through the month of August, there were 550 residential units listed for sale so far with an average listing price of $484,789197 units have gone pending (under contract) in 2010 and 178 have settled. Total sales volume in 19107 and 19106 is $84,421,437, with an average sales price of $474,277. The average days on the market are 116. Currently there are 378 homes in inventory. There is an average of 22 sales per month in 19107 and 19106, which means there is a 17 month supply of homes (inventory accumulation) on the market if no other homes are listed for sale.

Rittenhouse Square Market Stats

Friday, September 10th, 2010

Rittenhouse SquareIn the Rittenhouse Square Area in 19102 and 19103 zip codes in 2010, through the month of August, there were 548 residential units listed for sale so far with an average listing price of $778,693. 282 units have gone pending (under contract) in 2010 and 280 have settled. Total sales volume in 19102 and 19103 is $137,068,042, with an average sales price of $489,528. The average days on the market are 139. Currently there are 366 homes in inventory. There is an average of 32 sales per month in 19102 and 19103, which means there is an 11 month supply of homes (inventory accumulation) on the market if no other homes are listed for sale.

Roxborough: Restaurants, Schools, and Points of Interest

Thursday, September 9th, 2010

Roxborough

Cave of KelpiusRoxborough is a family-oriented neighborhood popular with young medical professionals and graduate students for its low crime, and easy access to Center City. It is located northeast of Manayunk with Wissahickon Creek, the Schuylkill River, the neighborhood of Manayunk, and Montgomery County considered its borders. The neighborhood is currently undergoing gentrification due to grants designed to revitalize the area. Many newer businesses, cafes, and restaurants have been springing up along Ridge Avenue, the neighborhood’s main thoroughfare. Despite the newer establishments, Roxborough’s rich history is evident with its near 100-year old homes and sites such as the Hermits Cave Historical Site.

Crossroads CoffeeRestaurants/Bars:

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Fairmount Park

 

 

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East Falls: Restaurants, Schools, and Points of Interest

Friday, September 3rd, 2010

East Falls

East Falls BridgeEast Falls is a small neighborhood situated along Ridge Avenue and the Schuylkill River in the northwest section of Philadelphia. It can be accessed by driving west on the Schuylkill Expressway out of Center City, prior to the Manayunk and Roxborough exits. It is bordered by the Schuylkill River on the southwest, Fairmount Park on the northwest, Wissahickon Avenue on the northeast, and Roosevelt Boulevard on the southeast. East Falls is a desirable location for young families and professionals for its easy commute and close proximity to Center City, while retaining affordable housing.

Johnny Manana'sRestaurants/Bars:

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The Market Place at East FallsPoints of Interest:

Fishtown: Restaurants, Schools, and Points of Interest

Thursday, September 2nd, 2010

Fishtown

FishtownFishtown is a northeastern Philadelphia neighborhood roughly bordered by the Delaware River to the east, Frankford Avenue, and York Street. As of late, the area has gentrified and many restaurants, art exhibits, and newer condominium complexes have been springing up in this former industrial neighborhood. While, parts of Fishtown are principally working class and long established, many artists and young professionals have been populating the area.

Johnny Brenda's

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Northern Liberties: Restaurants, Schools, and Points of Interest

Wednesday, September 1st, 2010

Northern Liberties

Northern LibertiesNorthern Liberties is an emerging hip and trendy neighborhood full of artists, students, designers and young professionals. Northern Liberties is currently undergoing huge revitalization projects, including the large apartment complex, the Piazza, and is considered by some to be Philadelphia’s Soho. Former industrial buildings from which this neighborhood sprung have been converted to artist studios and work spaces. Vacant factories and warehouses tell of this neighborhood’s rich, historical past. It is located between Girard Avenue to the north and Spring Garden Street to the south, and between the Delaware River to the east, and 6th Street to the west.

Restaurants: Northern Liberties

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Washington Square West: Restaurants, Schools, and Points of Interest

Wednesday, September 1st, 2010

Washington Square West

Washington Square West Real EstateThis charming and historical neighborhood lies between Walnut and South Streets to the north and south, respectively, and between 7th Street and Broad Street to the east and west, respectively. This neighborhood is full of young professionals, restaurants and bars, shops, and cafes. Residents dwell in row homes, and condominium-converted row homes, and there are a few mid-rise condo and apartment buildings, interspersed. The western portion of Washington Square West has become known as the Gayborhood for its many gay friendly establishments and for its annual OUTfest celebration.

Restaurants/Bars: Gayborhood Real Estate

Washington Square West Restaurants

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