ReLLestate Weekly: Philadelphia real estate news, every week
My weekly rundown of Philadelphia real estate: what sold, what's getting built, and what it means if you own, rent or invest here. Read it or hit play.
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Episode 64
Fresh Starts, Full Towers & Fault Lines
Philly is testing a new way to sell vacant homes, and it changes who gets to buy.
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Episode 63
Mills, Meatballs & Mega-Acre Data Deals
What happens to Franklin Mills? Plus a 5,000 acre data center district gets the green light.
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Episode 62
Homecomings, Hot Streaks & Zoning Fights
There's a gap between suburban and city home sales, and King of Prussia's data center fight is heating up.
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Episode 61
Historic Homes, Big Pharma & Tower Moves
The income you need to buy in the Philly area is now about $57,000 more than what you need to rent.
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Episode 60
Equity, Estates & Halloween Takeovers
Philly area home values are up 53.5% since 2020. Here's the catch with all that equity.
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Episode 59
Mansions, Music & Market Shifts
Nearly half of sellers nationally are giving buyers a credit. In Philly it's about one in four.
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Episode 58
Farm Dreams, Fall Eats & Data Center Fights
A Germantown Quaker meeting's reparations pledge just helped a Philly family buy their first home.
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Episode 57
$60M Deals, Closing Time & Philly Art
The Netflix House property at King of Prussia Mall sold for $60 million, and South Philly's new arena has an opening year.
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Episode 56
Burlington's Here, Wine Cellars & Big Deals
Burlington is moving its headquarters to Philadelphia, and it's paying $240 million to do it.
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Episode 55
Apartments, Anthems & Affordable Housing
Philly just changed how it funds affordable housing, and it could save projects a full year.
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Episode 54
Mansions, Mushrooms & Market Moves
27 acres on the Main Line with no conservancy restrictions just listed at $9 million.
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Episode 53
Rent Refunds, Warehouse Pivots & Wizard Magic
Center City retail is back to 84% occupied, and the comeback is spreading into the neighborhoods.
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Episode 52
Luxury Moves, Festival Season & Big Builds
More than 400 new apartments were filed for Northern Liberties and Franklintown in one week.
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Episode 51
Ships, Stops & Summer in the City
JPMorgan is putting $24 million into Philadelphia shipbuilding, anchored by a new submarine facility at the Navy Yard.
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Episode 50
All-Stars, Townhomes & Zero Cranes
Philadelphia has zero new office buildings under construction right now.
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Episode 49
Brown in Philly, Big Deals & Smarter Buys
He cut his rent by $2,000 a month, then bought a $165,000 house in Southwest Philly.
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Episode 48
Fireworks, Foundations & A $405K Crossroads
Philly built a lot of lab space. The tenants didn't show up, and now developers are improvising.
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Episode 47
World Cup Energy, Vanishing Affordability & Mall Math
Springfield Mall was worth $112 million in 2015. It was just appraised at $30 million.
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Episode 46
Historic Fights, Big Money & World Cup Summer
A couple bought a $975,000 Fairmount townhouse with zero down.
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Episode 45
World Cup Fever, Housing Moves & Big Deals
Vanguard is giving up 88,000 square feet of office space in Malvern.
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Episode 44
Tax Fights, New Loans & Big Plans
Pennsylvania has a new homebuyer loan that gives more help the lower the price of the home.
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Episode 43
Philly’s Got Range Right Now
Philly's new renter protections are now law, and they take effect November 1.
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Episode 42
Neighborhoods, Hoops & Big Market Moves
SEPTA wants 300 apartments next to Conshohocken Station where a $48 million parking garage was planned.
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Episode 41
Good Food, Big Moves & Smarter Living
The Philadelphia Housing Authority is buying a brand new 200 unit apartment building for $49.1 million.
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Episode 40
Philly Has Motion, Even With the Market on Edge
February brought the fewest new listings in a generation, and prices still went up 5%.
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Episode 39
Philly Pressure, Parade Vibes & Big-Move Energy
Mortgage rates dipped below 6% for the first time in years.
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Episode 38
From Manayunk Mills to Waterfront Towers
A 36 story, 620 unit tower on the Delaware River in South Philly just got a $150 million construction loan.
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Episode 37
Philly’s Renting High, Building Wide & Feeling the Vibes
A Center City penthouse is renting for $12,600 a month, and a 1,367 unit plan in the stadium district looks dead.
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Episode 36
Philly’s Building, Ballin’ & Buzzin’: Homes, Culture & Capital
Pennsylvania ranks 44th in the country for building new homes, and it needs 450,000 more by 2035.
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From lock-in freeze to MLK tributes, Greater Philly’s year ends with grit & glow
Greater Philly's median sale price rose 4% to $390,000 in 2025, with sales basically flat.
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Episode 34
Lock-In Curse, Michelin Stars & Berks Industrial Boom
Philadelphia's school board voted to explore handing vacant school buildings to the city for housing.
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Episode 33
From 1.8% home sales to Fishtown’s festive sips, Greater Philly’s winter warms up
Only 1.8% of Philadelphia area homes changed hands in the first nine months of 2025.
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Episode 32
Chestnut Hill Glow, NYC Renter Wave & 20-Year Abatement
Philly renters just got a $50 cap on application fees, and New Yorkers now make up a quarter of local apartment searches.
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Episode 31
From $3.55M Chestnut Hill mansions to Ballers’ Fishtown courts, Greater Philly’s rolling
Winning a bidding war can cost you: a study found winners overpay by about 8% on average.
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Episode 30
From Roxborough towers to Angelo’s drama, Greater Philly’s market rolls on
Sellers are pulling their homes off the market at the fastest pace in years.
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Episode 29
Coffins, Cancellations & Barkley’s Steakhouse
More than 15% of home purchase contracts were cancelled in August, the highest rate since 2017.
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Episode 28
Eagles Soar, Philly’s Fall Fests & Suburban Boom
Toll Brothers paid $70 million for 100 acres in Exton to build the region's largest 55 and over community.
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Episode 27
Philly’s Rent Squeeze, Fall Fests & Data Center Drama
Almost half of Philadelphia renters spend 35% or more of their income on rent.
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Episode 26
Greater Philly’s Luxury Surge, Fall Fests & Port Power
PhilaPort bought 152 acres next to the Navy Yard for $90 million.
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Episode 25
Greater Philly’s Luxury Boom, Playoff Fever & Urban Shifts
The number of million dollar homes in Greater Philadelphia has nearly quadrupled in five years.
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Episode 24
Greater Philly’s Market Surge, Fall Fests & Big Deals
Greater Philadelphia's homes gained $41.5 billion in value in a year, the third biggest jump in the country.
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Episode 23
Greater Philly’s Market Moves, Fests & Big Plans
One in five listings cut its price in June, and more Philly sellers are pulling homes off the market.
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Episode 22
Philly’s Luxe Lofts, Fall Fests & Big Market Plays
You needed to earn about $123,000 a year to afford the median home in Greater Philadelphia in 2025.
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Episode 21
Philly’s Home Hustle, Party Jawn & Retail Razzle-Dazzle
Philly's largest office property was expected to sell for about $100 million, down 80% in five years.
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Episode 20
Philly’s Back in Action: Homes, Hype & Heavy Industry
A new home in Pennsylvania costs more than twice what an existing one does.
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Episode 19
Real Estate Buzz, Steel Shifts & Philly Sips
A 34 acre former steel plant site on the Schuylkill in Conshohocken is up for sale.
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Episode 18
Philly’s Hot Trends & Market Shifts
The Lehigh Valley warehouse market is correcting after years of runaway growth.
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Episode 17
The Real Philly Heat
Home prices in the Philadelphia metro hit a record median of $416,000.
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Episode 16
Summer Moves & Market Shifts
The Sixers and Comcast bought a key Market East property for $56 million.
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Episode 15
Fairways, Factories & Walkable Streets
What your money buys in the suburbs: $315,000 in Deptford, $475,000 in Cherry Hill, $665,000 in Exton.
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Episode 14
Shifting Gears & Setting Trends: Philly Real Estate in Motion
More Philadelphia seniors are renting: 29% of households headed by someone 65 or older, up from 25%.
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Episode 13
From Townhomes to Takeovers: Real Deals & Real Vibes
Philly apartment vacancies are dropping as new construction slows.
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Episode 12
Summer Strategies, Lawsuits & Scoops: Philly’s Market is Doing the Most
Buyers aged 25 to 44 made up most recent home purchases in the Philly metro, even at 7% rates.
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Episode 11
From Dirt to Deals: Where Philly’s Money & Movement Are Headed
The number of Philly area renters earning over $150,000 is up more than 200% since 2010.
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Episode 10
Deals, Dirt & Development: The Pulse of Philly Real Estate
On Philadelphia's median income of $59,000, the home you can afford costs about $214,000.
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Episode 9
From Foundations to Forecasts: Philly’s Real Estate Pulse
Love Rittenhouse prices less than Rittenhouse? Philadelphia Magazine named the cheaper neighborhood next door for five of the region's priciest addresses.
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Episode 8
Growth, Grit & Gourmet: The Pulse of Philly This Week
The average property tax bill in the Philly metro is now $5,674 a year, up nearly 30% in five years.
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Episode 7
Space, Place & Philly’s Changing Face
The average new apartment in Philadelphia is 759 square feet, 11% smaller than a decade ago.
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Episode 6
Spring Market Moves and Philly Power Plays
The Navy Yard is now the largest LEED Gold certified neighborhood development in the country.
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ReLLestate Episode 5: Post-Easter Pop — Philly Real Estate Springs Back!
The median down payment in Philadelphia hit $38,000, up nearly 32% in a year. In Chester County it was $65,000.
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ReLLestate Episode 4: Suburban Sizzle & City Stacks
The Philadelphia Housing Authority plans to spend up to $500 million buying existing apartment buildings.
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ReLLestate Episode 3: Deals, Developments & What’s Poppin’ Around Philly
Some suburban listings drew more than a dozen offers in 48 hours.
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ReLLestate: Episode 2 – From Blueprints to Backstages (Week of March 25)
Montgomery County's median sale price rose 6% in a year to $445,000.
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ReLLestate: Episode 2 – From Blueprints to Backstages (Week of March 25)
Montgomery County's median sale price rose 6% in a year to $445,000.
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Philly Rising: Housing Heat, Industrial Beats, New Eats & Taxing Streets
Zillow ranked Philadelphia the fifth hottest housing market in the country for 2025.
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Philly Rising: Housing Heat, Industrial Beats, New Eats & Taxing Streets
Zillow ranked Philadelphia the fifth hottest housing market in the country for 2025.
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Welcome to ReLLestate!
Your Weekly Dose of Philly Real Estate, Community Buzz, and Local Lifestyle Insights
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Photo credits
- One South Broad, the former Lincoln-Liberty Building, across from Philadelphia City Hall. Photo: Smallbones, CC0, via Wikimedia Commons.
- The orange entrance at the former Franklin Mills mall in Northeast Philadelphia. Photo: Dough4872, Public domain, via Wikimedia Commons.
- Brick storefronts and loft buildings on a street in Old City, Philadelphia. Photo: Андрей Бобровский, CC BY 3.0, via Wikimedia Commons.
- The Philadelphia skyline over the Schuylkill River in 2024. Photo: 颐园居, CC BY-SA 4.0, via Wikimedia Commons.
- Lancaster Avenue in Ardmore on the Main Line. Photo: Ii2nmd, CC0, via Wikimedia Commons.
- Brick rowhouses on a street corner in Fishtown, Philadelphia. Photo: Tim Kiser, CC BY-SA 2.5, via Wikimedia Commons.
- The Center City Philadelphia skyline seen from the South Street Bridge. Photo: King of Hearts, CC BY-SA 3.0, via Wikimedia Commons.
- The Philadelphia skyline across the Delaware River from the Camden waterfront. Photo: Bronzeage10, CC BY 4.0, via Wikimedia Commons.
- Row homes on a narrow street in the Graduate Hospital neighborhood of Philadelphia. Photo: Mrafter42, CC BY-SA 4.0, via Wikimedia Commons.
- New construction beside older rowhouses in Northern Liberties, Philadelphia. Photo: Ii2nmd, CC BY-SA 4.0, via Wikimedia Commons.
- The Philadelphia skyline and the Schuylkill River boardwalk. Photo: Mefman00, CC BY-SA 4.0, via Wikimedia Commons.
- King of Prussia, Pennsylvania, seen from above near Gulph Road. Photo: Ii2nmd, CC0, via Wikimedia Commons.
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