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Greater Philadelphia Residential Real Estate Overview

John McClintock Team

This month the real estate Investment company Norada released a report titled Housing Market Overview: Philadelphia Metro area. Here are some brief highlights.

Here is the latest housing forecast for Philadelphia, Greater Philadelphia, and Philadelphia County until January of 2022. And as long as mortgages remain cheap, the real estate boom in Philly should continue into 2021. There's good profit potential for the period of one year if you are looking for homes for sale with good flipping profit. It can be a profitable property investment opportunity if you can find a good deal. A long-term investment in Philadelphia real estate will yield even greater profits.

  • Bucks County home values have gone up 11.9% over the past year and they will continue to rise in 2021.
  • Chester County home values have gone up 8.6% over the past year and they will continue to rise in 2021.
  • Delaware County home values have gone up 13% over the past year and they will continue to rise in 2021.
  • Philadelphia-Camden-Wilmington Metro or The Delaware Valley home values have gone up 10.6% over the past year and Zillow predicts they will rise 10.9% in the next twelve months.
  • In the city of Philadelphia, home values have gone up 11.9% over the past year and they will continue to rise in 2021.
  • Philadelphia County home values have gone up 11.9% over the past year and they will continue to rise in 2021.

Source: Norada: View the detailed report here.


Looking to buy or sell a home? More than ever, you need expert, professional representation. Before you list your home for sale, call The John McClintock Team at 267‑759‑9518 for no obligation recommendations on pricing and an overview of our comprehensive marketing package that includes, home staging, brokers' open house, virtual tour, video tour and social media sharing.


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Information is deemed reliable but not guaranteed.