Greater Pittsburgh Luxury Real Estate Market Report
Located on an exceptional street in the Sewickley Village, this stately stucco residence seamlessly blends historical charm with modern touches. The exterior boasts a welcoming wrap-around porch and a large patio with a stone fireplace, perfect for outdoor entertaining. A greenhouse and fenced garden sit adjacent to the 3-car garage and serene backyard. Inside, the grand foyer features a stunning staircase and elegant woodworking. The chef’s kitchen, equipped with double islands and high-end finishes, flows effortlessly into a grand dining room on one side and an inviting eat-in area & family room on the other.
Lifestyle of the Rich & Famous Pittsburgh Edition
HOMES $1,000,000+ STATISTICS
February YTD 2025
179 Listings on the market
42 Under contract
35 sold in 2024
105 avg days on market
96.32% list price / sales price
Avg $1,396,658
from the archives of last years email
February YTD 2024
240 Listings on the market
64 Under contract
39 sold in 2024
96 average days on market
92.24% list price / sales price
Avg $1,417,569
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 and 2024 far exceeded 2023. I am excited to see what 2025 brings”
YTD Statistics
Comparing the last several years the High-end Luxury market has remained on the move. We are still in a great Luxury Market the Greater Pittsburgh Area has ever seen. Active inventory (available homes) has decreased 26%, pendings (under contract homes) have decreased 35%, solds (sold homes) decreased 10% in this sector since February 2024. Not sure if this is canary for the overall market . It will be interesting to see if the decreased inventory shifts to the buyers or sellers market.
I have studied with the Institute for Luxury Home Marketing and have a robust marketing plan for Luxury homes! - Nick
Feature Home
his one-of-a-kind 122 acre property and 18,000 square foot home is complete with six bedrooms, all of which have an ensuite bath and walk-in closet. The massive kitchen and great room are focal points of the home and they are perfect for entertaining a group of any size. The home is perfectly complemented with an exceptional game room, home gym, an outdoor basketball court, beautifully crafted home office and a 3 car garage! The sprawling rear patio overlooks the three acre pond, a beautiful pavilion, outdoor kitchen, fire pit, dance floor, and a raised stage area for live entertainment adjacent to the lake are perfect for entertaining.
