Philadelphia, PA Real Estate Market
Median sale price
Philadelphia, the City of Brotherly Love, is one of the nation’s most historic places. Bordered on the east and south by the Delaware River and New Jersey, Philadelphia offers residents and guests endless activities and entertainment. The city is a popular tourist destination, with hundreds of historic and educational sightseeing opportunities. Visitors come from all over the country to see Philadelphia and its many attractions, including Independence Hall, the Liberty Bell, the Betsy Ross House and Valley Forge National Historical Park.
There are a number of things to do in addition to experiencing the rich history Philadelphia offers. There are three casinos in the region. The nation’s fifth largest aquarium, Adventure Aquarium, is in Philadelphia, as well as America’s first zoo, the Philadelphia Zoo. The city is full of parks and gardens for people to relax and enjoy nature. Longwood Gardens and Schuylkill Banks are great outdoor spots for residents. The Fairmount Park is one of the largest park systems in the world with 9,200 acres of trails, fields and woodlands. Residents and guests alike partake in the many local events held at Fairmount Park, including ceremonies, concerts and sports games.
Sports are a big part of Philadelphia’s culture, with professional games held year-round. The city is proudly the home of a professional team in every major league, including NFL, NHL, MLB and NBA. With over 86 colleges in the region, there is also an abundance of college teams that residents enjoy rooting for.
Food is big in Philadelphia, as the city is known for its delicious Philly Cheesesteak. The new trend is eating from several of the city’s food trucks, but that does not mean that there aren’t gourmet brick and mortar restaurants that are worthy of praise. Reading Terminal Market, a public market with more than 75 small businesses, offers a variety of foods to eat and places to shop.
Known as a center for arts and culture, Philadelphia boasts such institutions as the Philadelphia Museum of Arts, Kimmel Center for Performing Arts, the Mann Center and the Academy of Music, with performance ensembles, including the Philly Pops, Pennsylvania Ballet and the Opera Company of Philadelphia.
Philadelphia has a number of different types of neighborhoods, ranging from gated communities to single-family homes. The Philadelphia real estate market features historic builds that have been meticulously maintained, new construction, townhomes and condominiums, to name a few.
Looking for homes for sale in Philadelphia? Our Philadelphia real estate office is knowledgeable about the area, and ready to help.