Grays Ferry's Hot Real Estate Boom and Most Affordable Neighborhood in Philly

Grays Ferry's Hot Real estate Boom and Most Affordable Neighborhood in Philly

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Grays Ferry comes in as the Most Affordable Neighborhood in Philly - On the heels of the news that Grays Ferry is the "Hottest" postal district for house flips, a recent study uncovers that it has the least expensive costs per square foot in the city.


As indicated by land information investigation and study performed by NeighborhoodX, discovered the normal asking cost in Grays Ferry a month ago was $130 per square foot. Mount Airy and Port Richmond had the second and third lowest costs per square foot at $171 and $153.

For the examination, specialists took a gander at the asking costs all through Philadelphia amid February. They focused in on business sector ratings of properties, yet barred abandonment's, moderate lodging, and undeveloped loads of area.

On the higher end of the range were Center City neighborhoods, including the expensive Logan Square where the normal asking cost per square foot is $475. The analysts noticed that Logan Square and neighborhoods in Center City pulled ahead extensively from Old City, where costs arrived at the midpoint of $350 per square feet.

 

 

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