Market Leaders Profile: Philadelphia

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Data and information on the Philadelphia remodeling market

October 01, 2009


Population: 5,838,471 (2.7 percent increase since 2000)

Existing home sales: Q2 2009 sales were down 20.1 percent from 2008, but up 61.6 percent from Q1

Home prices:  Down 3.06 percent from 2008; up 27.17 percent over last 5 years

Homeownership rate: 69.4 percent (No. 29 among major metros)

Median household income: $57,831

Local unemployment rate: 8.8 percent (up from 5.6 percent in 2008)

Sources: FHFA House Price Index, Pennsylvania Association of Realtors, U.S. Bureau of Labor Statistics, U.S. Census Bureau 


Podcast on the Philadelphia market with Stephen Klein of Anthony Home Improvements

The Corner Office: Gardner/Fox Associates

Making the Big Boxes Work

2007 Innovators: Power Windows and Siding

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