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
January YTD 2024
232 Listings on the market
51 Under contract
5 sold in 2024
86 avg days on market
89.80% list price / sales price
Avg $1,908,366
from the archives of last years email
January YTD 2023
181 Listings on the market
29 Under contract
8 sold in 2023
38 average days on market
98.76% list price / sales price
Avg $1,196,999
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.”
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 22% in this sector since January 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 decreased 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
5135 Ellsworth Ave, Shadyside PA 15232 $2,490,000
Irreplaceable architectural elegance meets modern living! The impeccably restored Babcock Mansion famously hosted presidents, celebrities, a princess and a nobel prize winner. Through hand-forged automatic iron gates exclusively commissioned for this property are 5 garage spaces see more…..