Top Large Teams in Philadelphia, Pennsylvania – Ranked by Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    7On the Square Real EstateCompassPhiladelphia, PA$110,219,569View Profile
    8Jeanne Whipple Team, Philly Home GirlsElfant Wissahickon RealtorsPhiladelphia, PA$101,672,163View Profile
    9City Block TeamCompassPhiladelphia, PA$86,617,937View Profile
    11Philadelphia Home CollectiveCompassPhiladelphia, PA$82,008,435View Profile
    15Global LivingKeller WilliamsPhiladelphia, PA$67,674,551View Profile
    16The Patrick Campbell TeamCompassPhiladelphia, PA$62,253,480View Profile
    18MyPhilly.HouseCompassPhiladelphia, PA$59,642,356View Profile
    19Karrie Gavin GroupElfant Wissahickon RealtorsPhiladelphia, PA$56,455,767View Profile
    21Marc Hammarberg GroupBerkshire Hathaway HomeServices Fox & Roach, REALTORS®Philadelphia, PA$54,956,722View Profile
    22The Nick DeLuca TeamKeller WilliamsPhiladelphia, PA$50,754,874View Profile
    23Q & U TeamCompassPhiladelphia, PA$50,263,354View Profile
    27Center City TeamBerkshire Hathaway HomeServices Fox & Roach, REALTORS®Philadelphia, PA$46,327,850View Profile
    32The Conway TeamBerkshire Hathaway HomeServices Fox & Roach, REALTORS®Philadelphia, PA$39,425,610View Profile
    34Curated LivingCompassPhiladelphia, PA$38,906,435View Profile
    36Philly Home AdvisorsBerkshire Hathaway HomeServices Fox & Roach, REALTORS®Philadelphia, PA$37,339,219View Profile
    45Terry Musser TeamCompassPhiladelphia, PA$30,784,492View Profile
    47Next Level LivingCompassPhiladelphia, PA$28,572,124View Profile
    58The Welker GroupCompassPhiladelphia, PA$23,648,410View Profile

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    2023 Philadelphia, Pennsylvania Housing Market Summary

    Philadelphia, Pennsylvania started 2023 with a total of 2,745 single-family homes on the market, with a median home price of $265,000 and an average price per square foot of $213. By the end of the year, inventory had decreased to 2,488 homes on the market (-9%), with a median home price of $249,900 (-5%) and an average price per square foot of $211 (+0%).

    At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had remained the same at 84 days.

    Philadelphia started the year with 47% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 45% of Philadelphia homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Philadelphia started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had dropped to 31 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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