Greater Pittsburgh Luxury Real Estate Market Report

The LINKS Golf Course Community of Butler County. The Great Room is Exquisite!


Lifestyle of the Rich & Famous Pittsburgh Edition


HOMES $1,000,000+ STATISTICS

February YTD 2024

240 Listings on the market

64 Under contract

39 sold in 2024

96 avg days on market

92.24% list price / sales price

Avg $1,417,569

from the archives of last years email

February YTD 2023

167 Listings on the market

59 Under contract

17 sold in 2023

80 average days on market

95.99% list price / sales price

Avg $1,277,558

People make comments and ask questions all the time, about interest rates and how the market is performing….

Think about this, MORE Luxury homes sold in 2023 than 2019 & 2020 combined.
— Nick Supik

YTD Statistics



Comparing the last several years the High-end Luxury market has remain on the move. We are still in the MIDDLE of the best or 2nd BEST Luxury Market the Greater Pittsburgh Area has ever seen. Inventory has increased 30% in this sector since Febraury 2023. Additionally this sector of the market has remained stabile. It will be interesting to see with the increased inventory if this does start to shift to the buyers advantage.

PENDINGS in the Luxury Market has increased slightly over the last month, but nothing really notable. It is showing more activity than last year at this time.

I have studied with the Institute for Luxury Home Marketing and have a robust marketing plan for Luxury homes! - Nick


Feature Home


spectacular 151 First Side Penthouse - this residence is undoubtedly one of the best pieces of real estate as far as PGH city condos go. This is the only riverfront Penthouse w/a private terrace & 4 CAR PRIVATE GARAGE see more…..

 
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