May 2010 Philadelphia County MSI And Avg Days on Market
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This document analyzes the housing market inventory and sales in the Philadelphia area over a two year period from May 2008 to May 2010. It shows that the months supply of inventory under the usual calculation decreased by 3 months and the percentage decreased by 22.1% over this period. The number of homes listed for sale fluctuated between around 8,500 to 10,500 over the months while the number of homes sold ranged from around 600 to 1,400 per month.
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May 2010 Philadelphia County MSI And Avg Days on Market
- 1. Market Dynamics Prudential Fox & Roach Months Supply of Inventory (UC Calculation) 2 Years (Monthly) 05/01/08 - 05/31/10 KEY INFORMATION Monthly MSI Monthly % Total MSI Total % MSI-UC -0 -0.9 -3 -22.1 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 06/23/10 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 (UC Calculation) 2 Years (Monthly) 05/01/08 - 05/31/10 Time # For Sale Last # Under Period MSI NAR MSI Day of Month Contract # Sold May-10 12.1 6.8 8,959 739 1,321 Apr-10 4.7 7.6 8,887 1,893 1,162 Mar-10 6.3 8.9 9,122 1,456 1,021 Feb-10 9.2 14.3 9,002 975 628 Jan-10 10.9 13.7 9,127 836 668 Dec-09 12.3 9.9 8,687 704 874 Nov-09 11.9 7.2 9,576 804 1,332 Oct-09 7.9 8.4 9,625 1,216 1,149 Sep-09 7.7 9.3 9,661 1,261 1,035 Aug-09 9.3 8.6 9,735 1,050 1,137 Jul-09 8.9 8.6 9,776 1,098 1,131 Jun-09 8.9 9.0 10,003 1,118 1,115 May-09 9.2 9.6 10,027 1,089 1,040 Apr-09 9.2 11.3 10,062 1,099 894 Mar-09 9.4 12.2 9,833 1,041 804 Feb-09 12.2 15.5 9,719 798 629 Jan-09 13.0 14.8 9,393 723 636 Dec-08 14.4 11.9 9,310 648 784 Nov-08 14.1 13.3 10,081 717 756 Oct-08 13.5 10.9 10,181 752 933 Sep-08 11.1 10.2 10,373 932 1,021 Aug-08 10.2 8.8 10,226 1,003 1,165 Jul-08 9.6 8.7 10,511 1,093 1,209 Jun-08 9.2 8.2 10,414 1,129 1,277 May-08 8.7 8.4 10,403 1,193 1,232 BrokerMetrics® 2 of 2 06/23/10 Information not guaranteed. © 2010 - 2011 Terradatum and its suppliers and licensors (http://www.terradatum.com/metrics/licensors).