AirBnB Your Condo? / Our Slowing Fall Market / 
  These BLDG'S excel in These Amenities  / 
Condo ONLY Comps For Hardcore Real Estate Junkies  

Your Center City Condo Newsletter 
 November 2017

 Oh yeah...the market is slowing down.

 

It does every year in late fall. Though I think it's still a better time to sell than say mid Summer.

 

Our fall condo market replicates the spring market that proceeds it, but at about 75% the pace. 

 

Once we hit late fall, then it drops to about 50%.

 

I usually find this pattern will hold until early early Spring hits...which is about the time when it turns into a blood bath of frenzied buyers and happy sellers. 

 

Inventory remains low in Center City and I don't see that changing anytime soon.....

 


Amenity Specific Condo Buildings

Many of my buyers ask me which buildings
 they should view based upon specific amenities.
 Here's how I generally respond...


Best Condos For Swimmers:
Two Liberty Or Waterfront Square

Best Condos For Multiple Car Parking:
Bella Vista Lofts offers stacked parking / lifts

Best Condo For Views:
Lots, but I like Society Hill Towers

Best Condos For Gorgeous Common Areas:
Ten Rittenhouse, 1706

Best Condos For Being Pampered:
Ritz Carlton, Two Liberty, The Rittenhouse

Best Condos For Gym Users:
Waterfront Square, Ritz Carlton

Best Condo For Having Guests:
One Riverside

Best Condos For Access To Shows:
Symphony House, Center City One

Best Condos For Dogs:
Naval Square, Waterfront Square

Best Condo For Kids:
Washington Mews

Best Condo For Convenience:
River's Edge

Best Condo For Balconies:
1352 South

Best Condos For Large Kitchens:
Tivoli, The Plaza

Best Condo For Closet Space:
The Philadelphian

Best Condos For Privacy:
Ten Rittenhouse, The Ayer, 1706, One Riverside,
The Lippincott


Want to know why I picked what I picked?
Email me and we can chat!

mark@centercity.com


Visit My Website:
 Serious Condo ONLY 
Sales Data For 
The Real Estate Junkies
...You Know Who You Are

(for area codes 19102,19103,19106,19107,19123,19130, 19146,19147)



Number of Condos Settled in 2017 to date:  1046

Number of Condos currently "Pending" :  131

Highest Price Condo to Settle 2017 to date:  $6,231,000

Number of Condos to Settle 2017 OVER $1M: 105



Highest Sale Price Per Zip to Settle 2017:

19102: $2,875,000 (Avenue Of The Arts)

19103: $6,231,000 (Rittenhouse/Fitler Square)

19106: $1,650,00 (Society Hill/ Old City)

19107: $1,837,500 (Washington Sq. West)

19123: $860,000 (Northern Liberties)

19130: $955,000 (Art Museum Area)

19146: $3,700,000 (Graduate/South Broad)

19147: $1,479,406 (Queen Village/Bella Vista)
 

The One Condo Question That Always Gets A Negative Answer?
I get this all the time...


Is AirBnB allowed 
in this building?


No. Never. Ever.
Almost every building in town will have a clause embedded into it's declaration (under rules and regulations) that the minimum lease period is either SIX or TWELVE months.
 Period.



                                                                                                                                                    MarkNew  

Mark Wade 
Saturday AM is my favorite time of the entire work week.

All buyers, no office work and a full day of looking at some
really cool condos around town.
It just never gets tiring....Even after 29 years.






BHHS Fox & Roach Realtors
Society Hill Office
215.627.6005

215.521.1523 direct
Mark@CenterCity.com

CenterCityCondos.com

The best time to get me is in the AM 
when I'm hopped up on four
cups of Maxwell House.