Why Philly Home Prices Are Rising as Inventory Grows | Tom's Take 490

How can home prices keep rising when inventory is also going up? In this episode of Tom’s Take, Tom Toole breaks down the market dynamic happening in the Greater Philadelphia area. National headlines may say many markets are shifting toward buyers, but locally, the numbers tell a different story. Inventory is rising across the Philadelphia metro, Chester County, Delaware County, Montgomery County, and Philadelphia, but most areas are still far below the months of supply typically needed for a balanced or buyer’s market. That is why prices can still rise even as more homes hit the market. Tom explains what active listings, months of supply, buyer demand, and median sale price trends mean for buyers and sellers right now — and why local data matters more than national headlines.