Product No.: 23015
Date Published: 10/2023
A housing submarket is composed of neighborhoods with similar housing stock and market characteristics. These characteristics play a large role in determining who can move to or remain in suitable housing in that neighborhood. Staff conducted a regional housing submarket analysis that used various data points and a clustering algorithm to identify eight submarkets across Greater Philadelphia. The results of this analysis can be used to identify neighborhoods that share common needs and challenges regardless of geographic location and promote regional dialogue about the policies and strategies that local governments can use to improve the affordability of housing in their communities.
Geographic Area Covered: Greater Philadelphia, Bucks County, Burlington County, Camden County, Chester County, Delaware County, Gloucester County, Mercer County, Montgomery County, Philadelphia
Key Words: Housing, Affordable Housing, Housing Affordability, Housing Submarkets, Submarkets, Zoning, Real Estate
Staff Contact(s)
- Andrew Svekla (asvekla@dvrpc.org)
- James E. Strangfeld CAPM (jstrangfeld@dvrpc.org)
Project Team
- Angela Rio Graphic Design and Print Specialist
- Tyler Hachadorian Front End Developer
- Derek Lombardi Senior Planner
- Spencer Gober Associate Manager, Office of Community and Economic Development
- Brian Carney Economic and Demographic Analyst
- Kimberly Dean Manager, Office of Creative and Print Services
Translation Request
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