Center City Philadelphia Condo Reality Snapshot
After four decades of living in Center City, I can tell you what to expect when buying Philadelphia condos in different price ranges, from studios to trophy penthouses and everything in between.
What to Know Before You Buy a Pied-à-terre
After four decades of living in Center City, I can tell you the neighborhoods here each have their own personality — and for a pied-à-terre buyer, matching that personality to how you actually use the city matters more than almost anything else. Think concretely about why you're coming to Philadelphia: concerts at the Kimmel, dinners on 13th Street? Walkability isn't a checkbox here — it's the whole point.
Is THAT new-ish condo building an appreciator or a flat-liner?
If you bought a condo in a newish building about ten+/- years ago, your equity today can tell a tale of two markets. While we expect real estate to always go up, a number of buildings show a 50/50 split: half have appreciated, while the other half are trading at—or even below—their, say, 2016 prices. [...]