Interactive Tools

Philadelphia Housing Values Have Surged

February 10, 2017 / Comments Off on Philadelphia Housing Values Have Surged

The 2016 Housing Market has Benefitted Neighborhoods Across the City The ESI Philadelphia Housing Index (PHI) has been updated with data through the end of 2016, and shows that the market is still going strong. During 2016, city housing prices surged past the 2007 pre-recession peak, and by December they reached values nearly twice as high […]

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Philadelphia Housing Index: Price Surge in Kensington

December 2, 2016 / Comments Off on Philadelphia Housing Index: Price Surge in Kensington

With a new month comes updates to the Philadelphia Housing Index. We have now released the index through September, and Philadelphia continued its year of strong price growth. The normalized price of housing in Philadelphia in September stood at $106,000; this represents the price for a house with the average physical traits—age, square footage, lot […]

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Philadelphia Housing Index: Neighborhoods and Heat Maps

October 14, 2016 / Comments Off on Philadelphia Housing Index: Neighborhoods and Heat Maps

Another week, another update to our Philadelphia Housing Index. Last week, we provided indices for school catchment areas. This week: neighborhoods. Philadelphia Neighborhoods We calculated indices for each of Philadelphia’s 67 neighborhoods. [1] Similar to the Elementary School Indices, these neighborhoods are fairly small, and require more smoothing over time than larger districts. Let’s look at some […]

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Philadelphia Housing Index: Back to School

October 7, 2016 / Comments Off on Philadelphia Housing Index: Back to School

We heard your requests, and have added a new feature to the Philadelphia Housing Index: Schools! We have reanalyzed the indices using school catchment areas, and have produced the housing indices for Elementary and High Schools. Methodology The methodology for the school catchment indices are the same as outlined in the original HPI blog post. […]

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Remodeling Philly’s Housing Price Index

September 23, 2016 / Comments Off on Remodeling Philly’s Housing Price Index

Welcome to the Econsult Solutions Philadelphia Housing Index! Today, we are excited to release the new ESI Philadelphia Housing Index (PHI). Like its predecessor, the new PHI measures changes in the sales price of Philadelphia’s housing units through time, adjusting housing traits to compare like-to-like, with differentiated trends by city district. The model behind the index […]

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