Philadelphia Auction Real Estate Sales

Completion Date:

09-15-2023

Project Overview

Philadelphia, Pennsylvania known as the fifth largest city in the United States, is one of the oldest cities in the Country and is visited by millions of people every year. It is also a major hub of American Commerce located between New York City and Washington, D.C. Philly has a number of world famous landmarks as well as countless museums, art galleries, professional sports teams, shopping and more, truly making it a world-wide destination. The city is broken up into 12 different areas, often divided by rivers and other landmarks. Even within the 12 areas, Philly is further split into over 100 different neighborhoods with their own styles and unique feel to match what you may be looking for in a home. Befitting its size and importance, Philadelphia has extensive public transportation in and around the city as well as transportation to other major cities such as Washington, D.C. and New York City. Philadelphia is also rated as one of the most walkable major cities in the United States.

Homes in Philadelphia are as diverse as their neighborhoods. Single-family detached and row homes can be found along with townhouses, condominiums, and apartments throughout the city. From the historic to modern, Philadelphia real estate offers something to suit everyone. And with median home prices lower than other Mid-Atlantic cities, it is an appealing option for young professionals or those looking for an urban lifestyle.

Role:

I was the Power BI developer

Problem Statement

In early 2016, Philadelphia\'s real estate market had a median home price of $203,900, falling below the national average of $215,767. Home appreciation rates were at -0.5%, in contrast to the national average of 6.1%. These trends had significant implications for property owners, investors, renters, and the overall housing market stability. To make informed decisions and successful plans, understanding the underlying factors driving these market dynamics is crucial.

Executive Summary

Data Dictionary

Key Takeaways

Next Steps

N/A

Deployment