Philadelphia Market Update, November 2020

[Yuriy Skripnichenko]

Hi all. 

New Bright report below. 

The Philadelphia Metro saw continued strength as the November market started to shift along seasonal activity levels. Low inventory kept median sales prices at a fifth consecutive monthly high. Tight inventory kept days on the market at record lows, with November tying the ten-year best set in September.

The following analysis of the Philadelphia Metro Area housing market has been prepared by Bright MLS and is based on November 2020 Bright MLS housing data.

Cheers, 

Yuriy