Philadelphia County MSI and Average Days on Market
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The document analyzes the months supply of housing inventory in Philadelphia over a two year period from April 2008 to April 2010. It shows that the months supply of inventory decreased from 8 months in April 2008 to 5 months in April 2010, a 42.2% decrease. The months supply of inventory fluctuated during this period but had an overall downward trend, indicating housing demand was outstripping supply.
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Philadelphia County MSI and Average Days on Market
- 1. Market Dynamics Prudential Fox & Roach Months Supply of Inventory (BrokerMetrics® Calculation) 2 Years (Monthly) 04/01/08 - 04/30/10 KEY INFORMATION Apr-08 Apr-10 Change Percent Change MSI 8 5 -3 -42.2 MLS: TReND Period: 2 Years (Monthly) Price: All Construction Type: All Bedrooms: All Bathrooms: All Lot Size: All Property Types: Residential: (Single Family, Twin/Semi-Detached, Unit/Flat, Row/Townhouse/Cluster, Mobile, Other) Sq Ft: All Counties: Philadelphia BrokerMetrics® 1 of 2 05/17/10 Information not guaranteed. © 2010 - 2011 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).
- 2. Market Dynamics Prudential Fox & Roach Months Supply of Inventory (BrokerMetrics® Calculation) 2 Years (Monthly) 04/01/08 - 04/30/10 Time # For Sale Last # Under Period MSI NAR MSI Day of Month Contract # Sold Apr-10 4.7 7.6 8,643 1,820 1,140 Mar-10 6.0 8.7 8,884 1,490 1,019 Feb-10 9.0 14.1 8,842 986 626 Jan-10 10.7 13.5 9,007 841 668 Dec-09 12.1 9.8 8,591 709 875 Nov-09 11.8 7.1 9,489 807 1,329 Oct-09 7.8 8.3 9,550 1,219 1,145 Sep-09 7.6 9.3 9,592 1,259 1,033 Aug-09 9.2 8.5 9,675 1,053 1,136 Jul-09 8.9 8.6 9,763 1,099 1,131 Jun-09 8.9 9.0 9,998 1,119 1,111 May-09 9.2 9.6 10,024 1,092 1,039 Apr-09 9.2 11.3 10,061 1,099 894 Mar-09 9.4 12.2 9,832 1,041 803 Feb-09 12.2 15.4 9,718 797 629 Jan-09 13.0 14.8 9,390 724 636 Dec-08 14.4 11.9 9,308 647 784 Nov-08 14.1 13.3 10,078 717 756 Oct-08 13.5 10.9 10,178 752 933 Sep-08 11.1 10.2 10,370 933 1,021 Aug-08 10.2 8.8 10,223 1,003 1,165 Jul-08 9.6 8.7 10,507 1,092 1,209 Jun-08 9.2 8.2 10,408 1,132 1,277 May-08 8.7 8.4 10,400 1,193 1,232 Apr-08 8.2 9.2 10,416 1,268 1,136 BrokerMetrics® 2 of 2 05/17/10 Information not guaranteed. © 2010 - 2011 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).