2007 was an interesting year for real estate, a "shifting market" brought on speculation of a "bad" market. Not in my neighborhood!
I keep close track of the real estate market in the Parkwood section of Philadelphia. I live here and I need to always know what my market is doing.
2007 Parkwood Market Report
# of Homes Sold in 2007... 95
Avg. Sold Price... $196,319
Avg. Days on the Market... 53
The price of homes are UP $5000 from last year, but so are the days on the market (10 more). The number of homes sold are down (last year was 106). I am thrilled to report that overall, a pretty normal market report. No punging prices and not a major dwindling of homes sold. Sure, it took a couple of extra days to get them sold, but not months. That's a great market report. So glad this is my marketplace!

"Hey, this is my turf!"
Philly and Bucks Real Estate: http://www.staceymccarthy.com/ http://www.bigjoemccarthy.com/ http://www.smartgirlsown.com/
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