While it may indeed be possible to buy a piece of property in Philadelphia for $1, with the average price per square foot now at $136 (a 3% increase from last year), more likely than not, you'll be paying a lot more than a buck to live in Philly, particularly in Center City. At the sight of some of Curbed Philly's more recent listings, some of you were like, "Bye, Felicia."
If @CurbedPhilly has taught me anything, it's that our local real estate market is b.s. and if we're ever going to buy it has to be in NJ.— Allie Ilagan (@allieil) February 27, 2015
We don't blame you.
If a total change of scene is what you crave, we've got a handy quiz you can take to help you choose a different city to migrate to (Honolulu, anyone?) But, if you're not ready to give up on Philly just yet, and may just want to scope out some options East of the Delaware that still allow you to keep your jobs and friends in Philly, here's a map of 10 houses in Collingswood, New Jersey, just a short PATCO ride away from Center City.
· How to buy vacant property for as low as $1 [Curbed Philly]
· Philadelphia, PA market trends [Trulia]
· 2 bedroom Society Hill condo with identity crisis asks $450K [Curbed Philly]
· "My City's Just Not That Into Me" [fyi]