Market Intelligence Report — PA-NJ-DE-MD-980

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PA-NJ-DE-MD-08
As of the latest 2026 data
Accelerated

Median Listing

$375K
-1.3% YoY

Pending Ratio

0.65
-8.6% YoY

Active Inventory

13,056
+13.3% YoY

Median DOM

48 Days
+9.1% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's accelerated Philadelphia-Camden-Wilmington market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

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The Philadelphia-Camden-Wilmington metro market is currently characterized as Accelerated, with a pending ratio of 0.65 indicating a rapid absorption of available inventory. Despite this, the median listing price has experienced a slight year-over-year decline of 1.3%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.2%-0.9 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

6.33M+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

1,055+12.6% YoY

Building permits (private housing units) · Jul 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Philadelphia-Camden-Wilmington market right now.

Active listings have expanded by 13.3% over the past year, contributing to an overall increase in available properties. New listings show modest year-over-year growth at 1.4%. The median days on market increased by 9.1% year-over-year, suggesting a slower pace of transaction compared to the prior period. Concurrently, the price-reduced share has risen by 1.2% year-over-year, indicating some pricing adjustments are occurring.

Historical Analysis

Market Trends

Median Price

$375K-2.5% MoM

Active Inventory

13,056+13.3% YoY

Days on Market

48+9.1% YoY

Sold Score™

70-8.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

70
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current pending ratio of 0.65 suggests inventory is absorbing quickly, placing some pressure on the pace of transactions. However, the year-over-year increase in median days on market and the rising share of price reductions imply that price discipline is becoming more important for successful transactions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

13,056 active listings represent the current floor, with new supply arriving at roughly 6,240 per month.

Pricing Pressure
16.7%

of active listings carry a price reduction, +1.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.6% year-over-year.

Absorption
0.65

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD? Homes here are taking 4 days longer to sell than last year.

Demand in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
65%
Median Days on Market
48 days
Inventory YoY
+13%

Demand is strong in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell

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Metro Demographics

Metro Area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
CBSA Code
37980
State
PA-NJ-DE-MD