Greater Pittsburgh Luxury Real Estate Market Report
Discover an exquisite European Style Country Estate built in 2014, atop a hill located in Fox Chapel school district & proximity to Shadyside Academy. Surrounded by amenities: country clubs, parks, & dining, yet only a short drive to Shadyside & Downtown. 2 Guest houses by the porte-cochere overlook untouched land owned by local conservation trust. Meticulously crafted home features 2-story entryway, French Limestone Foyer, Custom kitchen w/stunning island…….. see more
Lifestyle of the Rich & Famous Pittsburgh Edition
HOMES $1,000,000+ STATISTICS
December YTD 2024
186 Listings on the market
43 Under contract
410 sold in 2024
75 avg days on market
95.08% list price / sales price
Avg $1,462,327
from the archives of last years email
December YTD 2023
192 Listings on the market
36 Under contract
319 sold in 2023
67 average days on market
96.20% list price / sales price
Avg $1,422,842
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 Luxury Market the Greater Pittsburgh Area has ever seen. Inventory (available homes) has decreased 15%, pendings (under contract homes) have increased 26%, solds (sold homes) increased 24% in this sector since December 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 decreased over the last month, this is to be expected for this time of year, and is not all that 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
Welcome to 35 Linden Place, a stunning fusion of classic allure and modern elegance in the heart of Sewickley Village. This exquisite French Tudor home, situated on a picturesque 1-acre lot, has been fully remodeled to offer the pinnacle of luxurious living. Every detail has been meticulously curated, from the custom-designed kitchen outfitted with top-of-the-line appliances to the elegant primary suite featuring a private balcony, luxurious bath, adjacent home office, and two spacious walk-in closets. The property also includes a detached three-car carriage house with a chic studio apartment above. The beautifully landscaped grounds are ideal for hosting memorable gatherings, with covered patios that seamlessly blend indoor and outdoor living for sophisticated entertaining see more…..
