|Apartment Size||Aug||vs Last Month|
|Studio for sale||$359,800||+103.1%|
|1 bed for sale||$418,067||-4.9%|
|2 bed for sale||$817,362||+21.4%|
|3 bed for sale||$2,313,852||+73.6%|
|4+ bed for sale||$3,244,921||+92.6%|
During Aug 2022, the average price for an apartment in/near Rittenhouse Square, Philadelphia, PA increased by 42.6% to $1,204,995.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 4.9% to $418,067. Asking price for 2-bed apartment also increased by 21.4% and a place of this size will now cost you $817,362. A 3-bed apartment goes for $2,313,852, it increased by 73.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 92.6% and made it up to $3,244,921.
|Listing Type||Aug||vs Last Month|
|Townhouses for sale||$904,516||-7.6%|
|Apartments for sale||$337,500||-46.4%|
|Condos for sale||$1,261,096||+56.9%|
|Houses for sale||$599,000||N/A|
The average cost of an apartment in Rittenhouse Square, Philadelphia, PA decreased by 46.4% to $337,500. According to statistics, average house is still $599,000 with no significant changes this month. Condos are really in demand in this season. The median price for a condo increased by 56.9%, it’s now available for $1,261,096. The property value of townhouses decreased by 7.6%, you’ll have to spend around $904,516 to get one.