Philadelphia Metro

August 2025 | 
Home Demand Index: 83 | 
Tier: Slow

Metro Area Overview

The Home Demand Index (HDI) for the Philadelphia metro area stands at 83 this month, reflecting a slight decrease from 87 in the previous report period. This month-over-month decline suggests a mild softening in buyer activity, potentially linked to late-summer seasonality or affordability constraints. However, the current index is nearly identical to the 82 recorded during the same period last year, signaling a steady market environment with relatively consistent buyer interest year-over-year.
The market trend line, below, provides a high-level monthly overview of the Home Demand Index for each of the metro market areas within the Greater Philadelphia Metro Area. The Home Demand Index is baselined at 100, with 90-110 indicating a steady market. Index values above 110 indicate moderate and high activity while Index values below 90 indicate slower or limited activity. For more information for a given period of time, click on any point on the map to pull up the monthly report.
Metro Market Trend Data by Bright MLS | T3 Home Demand Index
Each of the market areas listed above are defined as follows:
  • Central Pennsylvania – Adams, PA; Berks, PA; Cumberland, PA; Dauphin, PA; Franklin, PA; Fulton, PA; Lancaster, PA; Lebanon, PA; Perry, PA; Schuylkill, PA; York, PA;
  • Ocean County – Ocean, NJ;
  • Philadelphia Metro – Bucks, PA; Burlington, NJ; Camden, NJ; Chester, PA; Delaware, PA; Gloucester, NJ; Kent, DE; Mercer, NJ; Montgomery, PA; New Castle, DE; Philadelphia, PA;
  • Salem-Cumberland – Cumberland, NJ; Salem, NJ;

Philadelphia | August 2025

Home Demand Index

VIEW DETAILS
The Home Demand Index (HDI) for the Philadelphia metro area stands at 83 this month, reflecting a slight decrease from 87 in the previous report period. This month-over-month decline suggests a mild softening in buyer activity, potentially linked to late-summer seasonality or affordability constraints. However, the current index is nearly identical to the 82 recorded during the same period last year, signaling a steady market environment with relatively consistent buyer interest year-over-year.
Demand across home types in Philadelphia market moderated this report period, with most segments showing month-over-month declines. Notably, luxury single-family homes dipped from an index of 83 to 71, while entry level condos declined from 107 to 95. Despite the cooling trend, most home types remain at or above their year-ago levels, suggesting underlying market strength even amid near-term softening. These shifts reflect persistent inventory constraints and affordability pressures that continue to influence buyer behavior across price tiers.
Monthly Statistics for August 2025
Home Demand
Index
83
(Slow)
Home Demand Index
from prior month
87
Home Demand Index
from prior year
82
Index change
from prior month
-4.6%
Index change from
same time last year
1.2%
Bright MLS | T3 Home Demand Index

www.homedemandindex.com