Thursday, February 5, 2015

LA, NYC, Chicago and Philadelphia - Where is the Biggest Housing BANG for the Buck, Statistically? (Clue: Not NYC)

  (Click - ONCE - on the Image to Enlarge)  

Answer - City of Philadelphia. Statistically speaking, the median ASP/SF* for Philadelphia is only $112offering much better purchasing power than its counterparts: Los Angeles $416, Brooklyn (NYC) $356 and Chicago $160 (all other factors remaining equal).

ASP/SF* = (Time) Adjusted Sale Price / Bldg Area. 

This analysis is extracted from Homequant's Town Analyst site. Try out your Town/Neighborhood. It is absolutely free and requires no registration whatsoever...

No comments:

Post a Comment