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Philadelphia’s multifamily market is approaching an inflection point

What CoStar’s Analytics team is hearing from Philadelphia’s industry players
Skyline of Philadelphia's Greater Center City. (CoStar)
Skyline of Philadelphia's Greater Center City. (CoStar)
CoStar Analytics
February 28, 2025 | 6:27 P.M.

Philadelphia’s multifamily market is showing signs of recovery heading into 2025. The development pipeline is easing, setting the stage for a tightening market later in the year. Additionally, listing activity is beginning to pick up, and buyer interest is starting to increase. Here's what CoStar market analytics is hearing from local industry players in the Philadelphia multifamily market in early 2025.

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