Philadelphia, PA Market Trends

Looking for more information on sold properties? Get the critical details you need on recent commercial property transactions days after the close of sale.

Find Sales Comps
Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Asking Price Index - Sale Trends

  Mar 16 vs. 3 mo. prior Y-O-Y
-
State
$111.69 +3.8% +2.3%
-
Metro
$142.53 +2.1% +3.6%
-
County
$146.61 +5.7% +15.3%
-
City
$158.78 +5.4% +14.4%

Current Philadelphia market trends data indicates an increase of +5.4% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with an increase of +14.4% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are 5.7% higher at $147 per sq ft compared to the current median price of $159 per sq ft for Retail Commercial properties in Philadelphia, PA.

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Sale Prices - Sale Trends

  Mar 16 vs. 3 mo. prior Y-O-Y
-
State
$81.54 +8.3% -10.1%
-
Metro
$88.30 +8.2% -2.9%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property No. of Listings - Sale Trends

  Mar 16 vs. 3 mo. prior Y-O-Y
-
Metro
55 -3.4% -8.3%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Days on Market - Sale Trends

  Mar 16 vs. 3 mo. prior Y-O-Y
-
State
198 +2.5% -12.3%
-
Metro
206 +3.1% +0.2%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Asking Rent - Lease Trends

  Mar 16 vs. 3 mo. prior Y-O-Y
-
State
$14.04 +0.3% +0.7%
-
Metro
$15.90 +0.9% +0.4%
-
County
$19.06 +3.1% -0.5%
-
City
$19.50 +3.2% -0.2%

The average asking rental rate per sq ft/year for Retail Commercial properties in Philadelphia, PA as of Mar 16 was $19.50. This represents an increase of 3.2% compared to the prior 3 months, with a decrease of -0.2% year-over-year. County-wide, average rental rates in Philadelphia are +3.1% higher at $19.06 per sq ft/year for Retail Commercial properties currently for lease.

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property No. of Spaces - Lease Trends

  Mar 16 vs. 3 mo. prior Y-O-Y
-
Metro
119 +2.7% +6.5%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Profile Views (Demand) - Lease Trends

  Mar 16 vs. 3 mo. prior Y-O-Y
-
Metro
320 +9.1% -8.3%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Total SF Available - Lease Trends

  Mar 16 vs. 3 mo. prior Y-O-Y
-
Metro
103 +2.2% +9.1%

Display this widget on your website

Copy the following code (ctrl-c) and paste (ctrl-v) it within your website or blog code to display the widget:

Retail Property Days on Market - Lease Trends

  Mar 16 vs. 3 mo. prior Y-O-Y
-
State
334 +0.9% +12.1%
-
Metro
308 -3.5% -10.7%