Philadelphia’s Most Expensive Home Sales of 2024: Luxury Real Estate at Its Peak
The luxury housing market in the Philadelphia region thrived in 2024, with high-end properties commanding record-breaking prices. Cash buyers dominated, with 39% of luxury homes purchased in all cash by the year’s final quarter.
While rising prices and low inventory made buying more competitive, the suburbs remained the epicenter of luxury real estate. Of the 25 most expensive home sales, only four were in Philadelphia proper—a clear sign that buyers are favoring space, exclusivity, and estate-style living.
The Top 5 Most Expensive Homes Sold in 2024
#5 – $6,615,000 | Chestnut Hill, Philadelphia
📍 603 W Hartwell Lane
- Size: 13,241 sq. ft.
- Bedrooms/Bathrooms: 5 beds, 5 full baths, 6 half baths
- Notable Features: A scenic pond with a stone walking bridge, plus a private exercise room.
#4 – $6,900,000 | New Hope, Bucks County
📍 5 Knowles Creek Road
- Size: 15,587 sq. ft.
- Bedrooms/Bathrooms: 6 beds, 5 full baths, 2 half baths
- Notable Features: A nearly Olympic-sized pool and garage space for six cars.
#3 – $7,650,000 | Haverford, Montgomery County
📍 40 Evans Lane
- Size: 9,213 sq. ft.
- Bedrooms/Bathrooms: 4 beds, 5 full baths
- Notable Features: A three-car garage and four fireplaces.
#2 – $18,000,000 | Greenville, Delaware
📍 1201 Snuff Mill Road
- Size: 11,875 sq. ft.
- Bedrooms/Bathrooms: 10 beds, 10 baths
- Notable Features: An eight-car garage and sprawling estate grounds.
#1 – $20,603,700 | West Chester, Chester County
📍 501 W Street Road (Crebilly Farm)
- Size: Grand estate property
- Bedrooms/Bathrooms: 4 beds, 5 baths
- Notable Features: A 12-car garage, horse stables, barns, a pond, and even a small chapel.
Luxury Home Trends in 2024
- Suburban estates continue to dominate – Buyers are seeking privacy, acreage, and expansive amenities.
- Cash deals are increasing – Nearly 40% of high-end homes were bought without financing.
- Record-breaking prices – As demand remains high, luxury real estate values are rising across the region.
Philadelphia’s luxury market shows no signs of slowing down, and these top-tier sales prove that exclusivity and space remain top priorities for high-end buyers.
