Philadelphia Metro: February Home Sales and Median Price

  • Townhome unit sales volume (2,095) rose 22%. Delaware County reported a 37% jump in townhome sale activity.
  • Philadelphia County townhomes came under contract in 27 days, two weeks earlier than last year. Fishtown townhomes stayed on the market for 28 days, down by -12 days.
  • New listings of single-family homes (3,235) fell -31%, the steepest since the spring shutdown. Mercer County had -38% fewer new detached home listings (222).
  • Upcoming single-family home sales (3,224) slid -23%, the first year-over-year decline since last May, as available inventory tightened. Bucks County reported -31% lower new single-family home pending sales.

FULL REPORT: Bright_Report_Philadelphia_Metro_February_2021

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