Strong Current Demand Supported by Competitive Economies Helps Philly Condo Market.
A few local metro areas throughout the country are delivering strong median sales price growth on condominiums and Philadelphia is in the top six. Just goes to show how important it is for home buyers and sellers to remain focused on local Philly market information and the opportunities available rather than on national / regional trends not relevant to their own markets. Philadelphia area has the highest median price point of the six. A 1 Bed, 1 Bath condo with 600 Sq Ft of living space and a city view can be had for the local median price of $207K. Philly represents better buying opportunities than many other cities especially for first-time home buyers.
Here are some good condo buys:
Exceptional Condo Conversion ($499,000)