Greater Pittsburgh Luxury Real Estate Market Report
Don’t miss your chance to have it all and call this gorgeous home yours! The LINKS Golf Course Community of Butler County. The backyard is an epic area for relaxing and enjoying your down time, host your own outdoor cooking show with the stone kitchen, patio, water fountain and fire pit areas with impeccable landscaping and manicured lawn.…. see more
Lifestyle of the Rich & Famous Pittsburgh Edition
HOMES $1,000,000+ STATISTICS
September YTD 2024
233 Listings on the market
70 Under contract
336 sold in 2024
76 avg days on market
95.23% list price / sales price
Avg $1,481,947
from the archives of last years email
September YTD 2023
247 Listings on the market
57 Under contract
250 sold in 2023
63 average days on market
95.27% list price / sales price
Avg $1,419,466
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. 2024 is pacing ahead of 2023.”
YTD Statistics
Comparing the last several years the High-end Luxury market has remained 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 (available homes) has decreased 6%, pendings (under contract homes) have increased 18%, solds (sold homes) increased 25% in this sector since September 2023 and has remained stabile. It will be interesting to see with the decreased inventory if this shifts to the buyers advantage or dis-advantage.
PENDINGS in the Luxury Market has increased over the last month, this is seems odd for this time of year, but not to notable at this time. We are showing considerably 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
lmost 7000 SF, this sprawling Spanish-style Stucco home is an architectural masterpiece set on 28 acres of lush, rolling land. The exterior showcases the white stucco walls & arches, giving it a timeless Mediterranean charm. A grand entrance with an intricate wrought-iron gate open to a spacious courtyard, adorned with a stone fountain & vibrant landscaping. Inside, the home boasts 6 generously sized bedrooms with large closets, including a 1st floor bedroom suite. Living spaces include a formal living room see more…..