Philadelphia Real Estate - Best Places to Live

So you have decided to move to Philadelphia, but areof the most prestigious areas in Center City. The
not too familiar with the area. You have talked to yourboundaries are South of Market, North of Lombard,
family and friends, and everyone seems to point you inWest of 15th, East of 22nd.
different directions. Your head is spinning because you19106- Average sales price - $562,200. This zip code is
don't want to make any mistakes, and I don't blamemade up of Old City, which stretches from the
you! There are areas to run to, and areas to run awayDelaware River, south of Vine Street, north of Walnut
from. I am going to tell you about a few of the bestStreet, and east of 7th Street; and Society Hill, which
areas in Center City Philadelphia to live in.goes from South of Walnut, North of Lombard, West
You have to consider a few things when deciding onof Delaware, East of 6th.
a place to live. The first and most obvious is price.Rittenhouse Square, Society Hill and Old City are all
How much are you willing to spend on your dreamvery desirable areas where value continues to remain
house, and how much can you actually qualify for? (Asteady. These neighborhoods are built out for the most
pre-approval from a mortgage lender will answer thispart, and it is difficult to find raw land for a reasonable
question)price in these areas. If location is your top priority, and
The second thing to consider is location. Where do youprice will not stand in your way, these areas may be
work? Where do you like to spend your free time?good places to look for a house. There are tons of
What is important to you about location? The first tworestaurants and stores, and many nice parks for kids
items go hand in hand with each other, The moreor dogs.
desirable the location, the more expensive the houseIf price is a concern, and you are looking for something
will be.with more space and possibly some parking, Graduate
The third item to consider is safety. Center city hasHospital may be a better choice for you. You will have
some extremely safe neighborhoods, but nestledan easier time finding a newer house for a more
between those safe neighborhoods are neighborhoodsreasonable price, and parking is not as big of an issue
you want to avoid. Once you have ranked the firstthere. The borders of Graduate Hospital are South of
three items, you will be able to get into specifics.Lombard, North of Washington, East of the Schuylkill
According to the Trend MLS 2008 1st quarterRiver, West of Broad, although I caution you about the
economic report, the top 2 most expensive zip codesspecific streets you choose.
are as follows:If you want to find out more information about these
19103- Average sales price - $564,600. This area isareas, or other areas in Philadelphia, please click here.
known as Rittenhouse Square, and is known as one