Greater Pittsburgh Luxury Real Estate Market Report
The LINKS Golf Course Community of Butler County. The backyard is an epic area for relaxing and enjoying your down time, host your own cooking show with the outdoor stone kitchen!
Lifestyle of the Rich & Famous Pittsburgh Edition
HOMES $1,000,000+ STATISTICS
November YTD 2023
250 Listings on the market
51 Under contract
279 sold in 2023
63 avg days on market
94.98% list price / sales price
Avg $1,425,481
from the archives of last years email
November YTD 2022
185 Listings on the market
52 Under contract
282 sold in 2022
68 average days on market
96.24% list price / sales price
Avg $1,402,649
“Think about this, MORE Luxury homes have sold in 2023 so far than 2019 & 2020 combined.”
Comparing the last several years the High-end Luxury market has not softened. It was so good that last few years. We are still in the MIDDLE of the best or 2nd BEST Luxury Market the Greater Pittsburgh Area has ever seen. Inventory has increased 25 % in this sector since November 2022. Think about this, MORE homes have sold in 2023 so far than 2019 & 2020 combined. This sector of the market has been very stabile and is running ahead of the all the years before, however again the inventory has increased 25%, it will be interesting to what happens with more options available to home buyers.
PENDINGS in the Luxury Market has decreased slightly over the last month, but nothing really notable. I am really curious to see how long this market continues.
I have studied with the Institute for Luxury Home Marketing and have a robust marketing plan for Luxury homes!
Feature Home
702 Latonka Dr, Mercer PA 16137 $1,499,000
Luxury lakefront home located in Lake Latonka! Expertly crafted, this sprawling 5 bedroom, 4 1/2 bath features a multitude of luxury amenities.