Top Mega Teams in Philadelphia, Pennsylvania – Ranked by Sides

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    • Rank – City SidesTeam NameCompanyLocationSidesProfile
    1The Mike McCann TeamKW Philly SouthPhiladelphia, PA 877.0View Profile
    2TCS GroupKeller Williams Philadelphia Center CityPhiladelphia, PA 553.3View Profile
    3Center City ListingsKW Philly SouthPhiladelphia, PA 550.0View Profile
    4Jim Roche Real EstateKW Philly SouthPhiladelphia, PA 357.0View Profile
    5The Somers TeamKeller Williams Philadelphia Center CityPhiladelphia, PA 292.9View Profile
    6Global LivingKW Philly SouthPhiladelphia, PA 250.0View Profile
    7The Center City South TeamKW Philly SouthPhiladelphia, PA 199.9View Profile
    8The Sivel GroupBerkshire Hathaway HomeServices Fox & Roach, REALTORSPhiladelphia, PA 196.0View Profile
    9MyPhilly.HouseCompassPhiladelphia, PA 162.0View Profile
    10Venture PhillyKeller Williams Philadelphia Center CityPhiladelphia, PA 97.0View Profile

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    2022 Market Summary

    Philadelphia, Pennsylvania started 2022 with a total of 2,187 single-family homes on the market, with a median home price of $279,000 and an average price per square foot of $260. By the end of the year, inventory had increased to 2,909 homes on the market (+33%), with a median home price of $265,000 (-5%) and an average price per square foot of $213 (-18%).

    At the start of 2022, the median days on market (DOM) was 77 days – by the end of the year, median DOM had increased to 84 days.

    Philadelphia started the year with 40% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 47% of Philadelphia homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Philadelphia started 2022 as a strong seller’s market, with an MAI score of 51; by the end of the year, the MAI had dropped to 31 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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