PASSYUNK SQUARE Real Estate

Red gravy ethnic food? Got it! Gastropubs? Got it! Cheesesteak witt? Got it too! Welcome to the Square.

Known for its ethnic food, Food & Wine magazine recently naming East Passyunk Avenue one of the 10 Best Foodie Streets In America, Passyunk Square in a foodies delight. Not too shabby, huh? Deep in the heart of Philly, pronounced “Pashyunk”, get some water ice (pronounced “wawrder ice”) and make the cheesesteak shuffle, which is a tough decision, between the famous Pat’s and Geno’s, brashly located across the street from one another.

Named after the diagonal Passyunk Street that cuts a swath through the square, old time bars and new establishments mingle to make this yet another up and coming area of the city with great promise for those looking to buy or rent. Townhouses line the streets, and apartment steals and deals can be found in this “red gravy” neighborhood. What is “gravy”, may you ask? It’s Philadelphian’s name for “spaghetti sauce,” which is served in the numerous ethnic spots in the Passyunk Sqaure. Don’t overlook this part of town in your search, and please let us know who wins the cheesesteak war!

PASSYUNK SQUARE Listings Summary

PASSYUNK SQUARE - Town vs. County Stats

Avg Price in PASSYUNK SQUARE: $462,300 / County Avg $435,800

53%

Avg Taxes in PASSYUNK SQUARE: $3,400 / County Avg $7,700

22%

Avg Sq. Ft. in PASSYUNK SQUARE: 1,576 / County Avg 1,554

51%

Avg Price per/ft2 in PASSYUNK SQUARE: $293 / County Avg $281

105%

Avg Walkscore in PASSYUNK SQUARE: 97 / County Avg 85

57%

Avg Year Built in PASSYUNK SQUARE: 1936 / County Avg 1947

50%

PASSYUNK SQUARE Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales