Philadelphia New Construction Market Update (April 8, 2025)

Author

Marco Di Gabriele
April 09, 2025

Table of Contents

Showing activity is staying consistent and hovering just above 6,000 per week in the Philadelphia market.

This past week, the Marco real estate market saw some shifts driven by Treasury yield volatility. The 10-year dipped below 4% for the first time in months, briefly easing mortgage rates and giving buyers a bit of breathing room - but that didn’t last long.

A sharp bond market selloff sent yields jumping again, which could put upward pressure on rates in the coming weeks. Inventory is up nationally, and with prices holding steady, it’s becoming a more buyer-friendly market overall. Still, uncertainty around interest rates and the broader economy is keeping investors cautious.

Overall Philadelphia New Construction Market Stats:

(Rolling Statistics - Past 365 Days)

New Construction Neighborhood Market Reports (Rolling 180 Days)

Northern Liberties / Fishtown / Olde Kensington (19123, 19125, & 19122)

Graduate Hospital / Queen Village (19146 & 19147)

Spring Garden / Fairmount (19130)

South Philly (19145 & 19148)

Brewerytown / Strawberry Mansion / Sharswood (19121)

Rittenhouse / Logan Square (19103)

Port Richmond / Kensington / Bridesburg (19134 & 19137)

Old City / Washington Square West (19106 & 19107)

Manayunk / Roxborough (19127 & 19128)

East Falls / Germantown (19129 & 19144)

Chestnut Hill (19118)

Mount Airy (19119)

Northeast Philly (19114, 19115, 19152, 19154)

University City / West Philly (19104, 19139, & 19143)

About The Author - Marco A. Di Gabriele

  • Marco is a real estate agent, developer, and entrepreneur who specializes in New Construction Sales in the Greater Philadelphia Area.

  • Marco has overseen the sales of over $100mil in New Construction sales over the past 5 years as the Director of New Construction & Development Sales on the Rarity Real Estate Team.

  • Rarity Real Estate has sold $880M in Real Estate in the Greater Philadelphia Area since 2020, and is a Top 25 Ranked Team in Keller Williams International.