Greater Pittsburgh Luxury Real Estate Market Report
Unique opportunity to own a modern stone castle in a park-like setting with private gated access. The winding drive to the home leads to a center courtyard with a covered portico over the custom copper doors. There are abundant large windows and patio access to the outside overlooking the serene setting from every room. The great room soars with 30 ft ceilings and a more intimate sunken den with a stone fireplace. The dining room is large and the neutral decor throughout is a strategic backdrop for art installations. Equipped with commercial equipment, the cook's kitchen offers abundant space and a beautiful, intimate dining area. read more…
Lifestyle of the Rich & Famous Pittsburgh Edition
HOMES $1,000,000+ STATISTICS
March YTD 2025
196 Listings on the market
52 Under contract
55 sold in 2024
92 avg days on market
96.00% list price / sales price
Avg $1,416,728
from the archives of last years email
March YTD 2024
245 Listings on the market
74 Under contract
65 sold in 2024
91 average days on market
93.88% list price / sales price
Avg $1,417,569
March YTD 2023
164 Listings on the market
68 Under contract
29 sold in 2023
91 average days on market
93.88% list price / sales price
Avg $1,319,525
People make comments and ask questions all the time, about interest rates and how the market is performing….
“Think about this, Luxury homes sold is behind last year, however MORE Luxury homes sold in 2025 than 2019 & 2020 combined and 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 definitely behind 2024 at this point. However we still in one of greatest Luxury Markets the Greater Pittsburgh Area has ever seen. Active inventory (available homes) has decreased 20%, pendings (under contract homes) have decreased 30%, solds (sold homes) decreased 15% in this sector since March 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
Only once in a generation does a captivating estate like this one change hands. Welcome to a luxurious 19-acre Franklin Park estate w/6-acre lake crowned by a 10,000+-sqft timber-framed 6BD/6.5BA brick and stone home 20 minutes from Pittsburgh. The home offers a slate roof and adorned with copper gutters and mahogany soffits. Grand mahogany doors open to a 2-story great room with barn stone fireplace capped with a row of windows offering sweeping views of the lake. The gourmet chef’s kitchen boasts marble countertops, Amish Shaker cabinetry, True refrigerator, Wolf range + Sub-Zero freezer.
