Art Museum Home Sales 2016

Art Museum  Property Sales 2016

The number of homes sold in the Art Museum neighborhood in Philadelphia decreased by approximately 16% in 2016 from 2015. There was a similarly sized drop in the number of properties offered for sale. See statistics, relevant graphs and further analysis below.

Art Museum Philadelphia Real Estate Statistics 2016

Sales Breakdown by Property Type

Single/detached: 2
Twins/semi-detached: 3
Townhouses: 158
Unit/Flat: 114
Mobile Homes: 0

Sales breakdown by Property Category

Condominiums (usually unit/flat): 124
Properties with Homeowner's Association (usually townhouses): 16
Other (usually singles and twins): 137
New Construction (could be of any type): 3

There are currently 56 properties for sale in Art Museum area of Philadelphia, less than 3 months supply, as 23 properties sold per month in 2016. A market with less than 6 month's inventory is considered to be a seller's market. The average price paid for a home in the Art Museum area rose over 12% to $398k. Part of this rise was caused by a 12% reduction in the number of properties offered for sale. Townhouses continue as the dominant property type in the Art Museum area with unit/flats a fairly close second. New construction in the neighborhood was low in 2016 at 1% of properties sold.

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Copyright 2017 TREND, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Berkshire Hathaway Home Services Fox & Roach Realtors participates, and is provided by TREND through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 9/26/2017. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. TREND MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.