August real estate updates for Center City, Fairmount, and Callowhill- focusing on zip codes: 19103, 19102, 19106, 19107, 19130 and 19123
Active inventory may have decreased from a year ago, but the days on market has also decreased. Homes are selling, and more quickly than last August.
There was an increase of 15% of units sold in August from 2012.
The median sales price has decreased 3%, or $11,750 compared to last year.
The sales price is 1.9% higher than August 2012 and the days on market has decreased 23%, with an average number of days on market of 77 in August 2013.