08/10/2026
July 2026 | Philly Metro Market Update
July did what July usually does. The market took a breath.
Historically, July tends to represent the high-water-mark for real estate activity of the course of a given year. Markets will typically pull back in August. There may be a slight bump in September, after vacations are done and kids are back in school. After that, we begin the slide into the Holiday season, the slow part of the Philadelphia real estate cycle.
After June's surge across the board, some pullback was expected and that's exactly what we got.
Four out of five counties dipped month-over-month but here's the thing: step back and look at the year-over-year numbers and the story is completely different.
Every single county is up compared to July 2025. Every one.
This is a healthy market doing healthy market things.
📍 Philadelphia $285,000 ▼6.6% MoM | ▲5.6% YoY
Down from June's strong reading but still solidly above last July. The city is running nearly 6% ahead of where it was a year ago. That's not weakness. That's perspective.
📍 Montgomery County $530,000 ▼3.6% MoM | ▲3.1% YoY
Pulled back from June's near-$550K peak but held above the half-million mark. Montco above $530K in the middle of summer is a strong signal.
📍 Delaware County $420,000 ▼1.2% MoM | ▲6.3% YoY
Barely moved from June. Delco has quietly put together one of the better years in the metro up over 6% from last July and holding the $400K floor with ease.
📍 Bucks County $566,500 ▲2.1% MoM | ▲6.4% YoY
The one county that went the other way this month. Bucks ticked up in July and is up 6.4% year over year. Consistent, reliable, still climbing.
📍 Chester County $605,000 ▼5.5% MoM | ▲1.6% YoY
Coming off a record June, Chester settled back to $605K which is still one of the highest readings in this dataset. The western suburbs remain the region's premier market.
July is a summer month. Sales slow, buyers take vacations, the pace relaxes. What matters is where the trend line is pointing and across all five counties it is pointing up compared to a year ago.
We'll see you in August.
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