EPISODE · Jan 23, 2024 · 5 MIN
2023 Year-End Market Update - Tom's Take 359
from The Tom Toole Sales Group Podcast · host The Tom Toole Sales Group Podcast
Curious about the housing market in Greater Philadelphia? Here's a quick rundown of 2023: 🏠 Home Sales: Down 18.3% to 23.7% 💰 Median Sale Price: Down 4.7% in Philly, Up 5.3% to 6.5% in Suburbs 🕒 Days on Market: 19-22 days in suburbs, 47 days in Philly 📈 Inventory: Up 15-18%, 1.69 to 1.78 months supply What does this mean for you? 🏡 Sellers: Consider listing now with rising days on market 🔍 Buyers: Lower rates mean more affordability, act sooner Rates are down to 6.25-6.375%, making it an excellent time for both buyers and sellers. Plan ahead, meet with agents, and be prepared for the changing market. 📊🏡 Have more questions about our local market? Schedule a call with our team ➡️ https://calendly.com/tomtoole
What this episode covers
Curious about the housing market in Greater Philadelphia? Here's a quick rundown of 2023: 🏠 Home Sales: Down 18.3% to 23.7% 💰 Median Sale Price: Down 4.7% in Philly, Up 5.3% to 6.5% in Suburbs 🕒 Days on Market: 19-22 days in suburbs, 47 days in Philly 📈 Inventory: Up 15-18%, 1.69 to 1.78 months supply What does this mean for you? 🏡 Sellers: Consider listing now with rising days on market 🔍 Buyers: Lower rates mean more affordability, act sooner Rates are down to 6.25-6.375%, making it an excellent time for both buyers and sellers. Plan ahead, meet with agents, and be prepared for the changing market. 📊🏡 Have more questions about our local market? Schedule a call with our team ➡️ https://calendly.com/tomtoole
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2023 Year-End Market Update - Tom's Take 359
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