Bloomberg: Philly Among Metro Areas with Largest Median Home Price Increase

By

Image via Unsplash.com.

The Philadelphia area is among the country’s metros with the largest median home price increases in September, writes Prashant Gopal for Bloomberg.

The Philadelphia region is third in the nation, behind only Fairfield County, Conn., and Memphis, with a 23.6 percent increase in median home prices last month.

The rise in prices is more pronounced in the suburbs, as people continue to leave the tight quarters of the city to search out more living space in surrounding counties that are also closer to nature.

Read more about the rise in median home prices at Bloomberg by clicking here.

You Might Also Like

Eagleville Couple Takes Advantage of Market as Luxury Homes Catch Up with Middle Market

Philadelphia Region Housing Market ‘Insane’ Thanks to Continuously High Buyer Demand

Philadelphia Suburban Housing Market Extremely Competitive After Spring Shutdowns

Tags:

Connect With Your Community

Subscribe to stay informed!

"*" indicates required fields

Hidden
VT Yes
This field is for validation purposes and should be left unchanged.
Advertisement
Creative Capital logo