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Center City Condo Newsletter Highlights - June 2017
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This Summer Matters - Here's Why...
The summer sales market is usually subdued, but not this summer.

Our Center City condo market is very cyclical. Every year about the same time in early March, my phone rings off the hook and that trend continues through say 4th of July. Then anyone with enough money to buy a condo, also has enough money to be sitting their butts on a beach somewhere. This early part of the summer 2017 tells a bit of a different story. Nearly everyday for the past 3 months we have seen our inventory shrink - DAILY. When I study the daily MLS activity sheet, I see say 20 new homes on the market. But I see 27 or so go under contract. EVERY DAY. I would venture to guess this trend will continue through the summer - the lack of overall inventory suggests as much. And there are more buyers lingering in the market today than in the past dozen or so years - they can't find the right place so they sit on the sidelines and wait. The backlog is staggering. Usually we see a decrease in activity after Memorial Day. Hasn't been the case and most likely will not be the case until sometime in say August, I would wager.

What Kind of Buyer is Going to Buy Your Condo?

I tend to think we have a variety of buyers here in town. Spending 28 years hauling folks around town, I have learned a thing or two. [Click Here to Read More...]

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If you are considering a move into a Philadelphia condo-be it a Rittenhouse Square condo, Old City loft, or new construction condo near UPenn, finding the right Philadelphia loft or condominium that can cater to your new urban lifestyle and Philly Real Estate needs is of the utmost importance! From Society Hill condos to Fitler Square condos, as well as condos in the Art Museum area, University of Pennsylvania Condos, or Washington Square West condos, covers it all! From a Philadelphia loft condo in the Queen Village neighborhood of downtown Philadelphia, to a Luxury Penthouse condo in Bella Vista, many Philadelphia lofts and condos can be found right here! Looking for green condos, or that warehouse Philadelphia loft condominium? How about one of the many doorman condominiums with full on-site staff similar to a condo hotel? Philadelphia has a variety of real estate option in the condominiums and co-op areas of ownership. Philadelphia has grown considerably in the past five years, and many new condos have given many Center City condo buyers a variety of options that didn't exist in the downtown Philadelphia area a decade ago.

If you spend some time on our site, you can learn about all the variables which make Philly condos attractive to many potential Philly real estate buyers. Know that highrise condos and brownstone-styled condos are as different as night and day, and many Philadelphia loft and condo buyers are unsure of the variety of condos available for sale here in downtown Philadelphia. We think you will be pleasantly surprised with the Philly real estate information you find here!

Our familiarity with almost every Philadelphia condo and loft here in Center City, will hopefully make your search much easier! Our Center City Real Estate team will do our best to help you with all of your real estate needs! Be sure to check out our Philadelphia condo blog, as well as our Podcasts about condominiums, in which we discuss a variety of topics dealing with Philly real estate! All the information you may need to know about Philadelphia condos can be found here on our site. We have agents that own Philly real estate in a variety of Center City neighborhoods. Kathy lives in a high rise in 19106, Randy in Rittenhouse Square, Patrick enjoys his real estate in the Graduate Hospital section of town, Matt in the Art Museum area, and Jared lives in Society Hill. Mark and Jim live in the beautiful new gated community of Waterfront Square in the Northern Liberties section of town.

We are happy you are here. We love Philly condos! Enjoy our site, and let us know if we can help! Our office at 530 Walnut St. in Society Hill is easily accessible, and you can email us 24 hours a day with questions and/or comments about condominiums and the Philadelphia real estate market!

We are heavily involved in many of the condos- from sales, to consultations with developers, we cover the condo market like no other real estate team in Philadelphia!

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Center City Condos is Jim, Mark, John, Matt, Randy, Kathy, Jared, Kevin, Jess, Patrick, Roe, Stephanie, Scott, Kris, Jaime, Steve, Melinda, Megan, and Nicole! We're here to help you find your perfect condo. Don't hesitate to contact us for all of your condo needs! We are familiar with a variety of condos in Philly and would love to show you the wide variety of condos in the Philadelphia real estate market!

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