Top Small Teams in Philadelphia, Pennsylvania – Ranked By Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    26Heidi Foggo Homes TeamCompassPhiladelphia, PA$46,767,821View Profile
    28The Stetler GroupBerkshire Hathaway HomeServices Fox & Roach, REALTORS®Philadelphia, PA$45,573,884View Profile
    31Jordan Wiener TeamCompassPhiladelphia, PA$40,166,480View Profile
    37Jody and JohannaBerkshire Hathaway HomeServices Fox & Roach, REALTORS®Philadelphia, PA$36,913,952View Profile
    43Mary Jo Potts & AssociatesElfant Wissahickon RealtorsPhiladelphia, PA$31,719,187View Profile
    49Lion, Marino, Oleksa & Somogyi Team @ Compass RECompassPhiladelphia, PA$26,961,900View Profile
    52The Barach GroupCompassPhiladelphia, PA$25,345,800View Profile
    545 Star PhillyKeller WilliamsPhiladelphia, PA$24,500,500View Profile
    59Steph Olenik & Stephen Tallon TeamKeller WilliamsPhiladelphia, PA$23,576,402View Profile
    60Jessa Eskin & Esther Cohen Eskin TeamCompassPhiladelphia, PA$23,313,950View Profile
    61Maria Quattrone and AssociatesRE/MAX @ HomePhiladelphia, PA$21,731,690View Profile
    65The Carpino GroupKeller WilliamsPhiladelphia, PA$18,408,278View 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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