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
Close X 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

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$108.02 +0.2% +2.9%
-
Metro
$130.85 -1.0% -1.5%
-
County
$117.63 -5.3% -22.2%
-
City
$126.68 -5.3% -22.2%

Current Philadelphia market trends data indicates a decrease of -5.3% in the median asking price per sq ft for Retail Commercial properties compared to the prior 3 months, with a decrease of -22.2% compared to last year's prices. County-wide, asking prices for Retail Commercial properties are -5.3% lower at $118 per sq ft compared to the current median price of $127 per sq ft for Retail Commercial properties in Philadelphia, PA.

Close X 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

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$82.88 +8.3% +15.8%
-
Metro
$82.08 +7.0% +8.7%

Close X 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

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
66 -2.7% -12.3%

Close X 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

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
225 +2.4% +11.8%
-
Metro
183 -5.5% -5.6%

Close X 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

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
$13.80 -0.1% 0.0%
-
Metro
$15.88 +0.5% +1.0%
-
County
$18.99 +0.6% -3.2%
-
City
$19.55 +0.2% -4.3%

The average asking rental rate per sq ft/year for Retail Commercial properties in Philadelphia, PA as of Nov 14 was $19.55. This represents an increase of 0.2% compared to the prior 3 months, with a decrease of -4.3% year-over-year. County-wide, average rental rates in Philadelphia are +0.6% higher at $18.99 per sq ft/year for Retail Commercial properties currently for lease.

Close X 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

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
110 +0.5% -19.1%

Close X 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

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
315 +2.8% +54.9%

Close X 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

  Nov 14 vs. 3 mo. prior Y-O-Y
-
Metro
92 +0.1% -28.1%

Close X 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

  Nov 14 vs. 3 mo. prior Y-O-Y
-
State
299 -2.1% +3.3%
-
Metro
327 +11.5% +22.4%