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Philly Real Estate Market Slows as Fall Arrives!

As expected the Philadelphia Real Estate market slowed during September. As consumers focused on back to school and end of year activities, showings were down 8% as compared to August. To learn more about what is happening in the Philly market, join Dave Davies of Trend MLS as he takes us through the numbers.

 

Philadelphia County saw an increase of 5.5% in Pending units for September 2012, while the Average Settled Price increased 13%, to $185,000.

Philly September statistics

Through September 2012, Philadelphia County has settled 7,068 units at an average price of $174,000.(Year to Date)  Information courtesy of Trend MLS

 

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