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
December YTD 2023
237 Listings on the market
51 Under contract
303 sold in 2023
64 avg days on market
94.81% list price / sales price
Avg $1,435,240
from the archives of last years email
December YTD 2022
192 Listings on the market
36 Under contract
319 sold in 2022
67 average days on market
96.2% 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 have sold in 2023 so far than 2019 & 2020 combined.”
YTD Statistics
Comparing the last several years the High-end Luxury market has not softened. We are still in the MIDDLE of the best or 2nd BEST Luxury Market the Greater Pittsburgh Area has ever seen. Inventory has increased 19% in this sector since December 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 other than 2022. However, again the inventory has increased 19%, 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
784 Waterdam Rd, North Strabane PA 15317 $28,876,000
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