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All posts by Kristen Foote

The September Reset

Four months. A fresh market. No time to waste either.  Only 18 weekends left in 2026! Labor Day changes the rhythm of Philadelphia luxury real estate. Buyers come back. Sellers refocus. New luxury homes and condominiums hit the market. Properties that sat through the summer suddenly have new competition. In Rittenhouse Square and across Center City Philadelphia, fall is not automatically […]



Philadelphia’s 2027 Property Assessments Are Arriving: What Every Homeowner and Seller Should Know

If you own property in Philadelphia, it’s time to keep an eye on your mailbox. The City of Philadelphia has begun mailing 2027 Notices of Valuation, which establish the assessed market value used to calculate your 2027 property taxes. Whether you own a condominium in Rittenhouse Square, a historic home in Society Hill, a townhouse in […]



Building-Level Positioning: Understanding the Competitive Landscape

1828 Delancey Place | Offered at $4,900,000 At the ultra-luxury level, buyers are evaluating more than individual residences—they are comparing entire building ecosystems. 10 Rittenhouse Square remains a cornerstone of the market, offering established full-service living and a strong resale track record, but it must now compete directly with newer inventory. The Laurel has set […]


Inventory Stratification: What Is Actually Selling

1828 Delancey Place | Offered at $4,900,000 The $4M+ market in Philadelphia is currently stratified into three distinct tiers, and movement is almost exclusively concentrated at the top. Fully aligned properties—those that are correctly priced, well-presented, and competitive with new construction—are transacting within 30 days, often with strong showing activity and meaningful buyer engagement. Conditional […]


Pricing at $4M+: The 3–5% Rule That Determines Outcome

Pricing in the ultra-luxury segment requires precision. In the current Philadelphia market, a 3–5% variance above perceived value is often enough to eliminate a property from a buyer’s consideration entirely. Buyers at this level are underwriting not just the purchase price, but the total cost of ownership—including renovations, taxes, and opportunity cost. A residence at […]



Choosing Representation in Philadelphia’s Luxury Market

1617 Spruce Street #200 | Offered at $1,100,000 At the highest level of real estate, representation is not interchangeable. It is not defined by volume or visibility alone—but by precision, discretion, and the ability to navigate complexity with clarity. Philadelphia’s luxury market—particularly within Rittenhouse Square, Society Hill, and Washington Square—operates through nuance. It requires fluency, […]