130 S. 18th Street
Rittenhouse Square Philadelphia
Ten Rittenhouse, located at 130 South 18th Street in the Rittenhouse Square neighborhood within Center City Philadelphia, is one of the city’s most established luxury condominium buildings. Completed around 2009, the building offers approximately 160 residences ranging from spacious one-bedrooms to full-floor and penthouse units.
Its location—just off the Square—remains one of the most consistently sought-after positions in the Philadelphia condo market.
What You’re Really Getting at Ten Rittenhouse
Residences here are fundamentally different from typical Center City condos:
- Larger floor plans, often 2,000–5,000+ square feet
- High ceilings and oversized windows
- Premium kitchens (Sub-Zero, Miele)
- Marble baths and custom finishes
- Select units with terraces and direct elevator access
Building services include:
- 24-hour concierge and doorman
- valet parking
- indoor pool, spa, and fitness center
- resident lounge and private outdoor space
This is a true full-service, white-glove building, not just a condo with amenities.
Who This Building Works For
Ten Rittenhouse typically attracts buyers who:
- Are downsizing but not downsizing in lifestyle
- Want a luxury condo near Rittenhouse Square with service
- Value privacy over density
- Prefer established buildings over newer glass towers
This is a narrow, high-end buyer pool—and that matters for resale.
Questions We Get From Our Buyers
Most serious buyers ask about:
- Higher monthly condo fees
- Building Finances
- Comparison to newer ultra-luxury buildings
Those concerns are valid—and they can directly influence pricing and liquidity.
How Ten Rittenhouse Compares
At this level, buyers are typically deciding between:
- Ten Rittenhouse (established, service-driven luxury)
- Newer luxury towers (more modern, often higher pricing)
- Boutique buildings (fewer amenities, lower fees)
The trade-off is consistent:
Space, service, and location vs. newer design or lower carrying costs.
Market Insight: What’s Actually Happening
The broader Rittenhouse Square condo market has shifted over the past year:
- Median sale price: ~$581,000 (down ~22.8% year-over-year)
- Price per square foot: ~$493 (up ~12.9% year-over-year)
- Average sale-to-list ratio: ~95%
- Days on market: ~98–108 days
What this means
- Prices have softened at the mid-market level
- But the price per square foot is holding or rising
- Luxury units are trading selectively—not broadly
That last point is key for a building like Ten Rittenhouse.
Ten Rittenhouse: Real-World Pricing Range
Recent activity shows a wide range:
| Segment | Typical Price Range |
|---|---|
| Smaller units | ~$.6M–$2M (varies widely) |
| Larger residences | $2M–$5M+ |
| Trophy Penthouses | Up to ~$8M+ asking |
This is not a “comp-driven” building—it’s a buyer-specific market.
Rittenhouse Market Trend Snapshot (Past 12 Months)
| Metric | Trend | Interpretation |
|---|---|---|
| Days on Market | Increasing | Longer marketing times for luxury inventory |
| Buyer Demand | Selective | Fewer buyers, but more deliberate |
| Inventory | Moderate | Consistent supply, not oversaturated |
| Median Price | Slightly Down | Buyers negotiating more at higher price points |
| Price Per Square Foot | Stable to Slightly Up | Premium units holding value |
What This Means for Ten Rittenhouse
- The building operates in a micro-market within the market
- Buyers are fewer—but more decisive
- Premium units (views, size, layout) still command strong pricing
- Average units can sit if priced incorrectly
Bottom Line
If your priority is space, service, and a premier Rittenhouse Square location, Ten Rittenhouse remains one of the most established luxury options in Center City.
This is not a building where “average pricing” applies—each unit trades on its own merits.
Our Take
Ten Rittenhouse is a newer, yet established residence on the square. The square footage designated for amenities is beyond that of almost any other building of its size and age. The wide variety of floor plans is also unique. An upgraded, high-floor, square-facing home will command attention regardless of market conditions. Those attributes don’t go unnoticed.
Before You Buy or Sell at Ten Rittenhouse
Most people underestimate how much variation exists within this building.
If you want, I can break down:
- Which units command premiums (and why)
- Where buyers are pushing back on pricing
- How this building compares to newer luxury competition
No pressure—just useful insight.
Mark Wade
CenterCityCondos.com
267.237.3404
Mark@centercity.com
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