Greater Pittsburgh Luxury Real Estate Market Report
Don’t miss your chance to have it all and call this gorgeous home yours! The LINKS Golf Course Community of Butler County. The backyard is an epic area for relaxing and enjoying your down time, host your own outdoor cooking show with the stone kitchen, patio, water fountain and fire pit areas with impeccable landscaping and manicured lawn.…. see more
Lifestyle of the Rich & Famous Pittsburgh Edition
HOMES $1,000,000+ STATISTICS
July YTD 2024
243 Listings on the market
95 Under contract
217 sold in 2024
78 avg days on market
94.94% list price / sales price
Avg $1,445,112
from the archives of last years email
July YTD 2023
204 Listings on the market
70 Under contract
140 sold in 2023
67 average days on market
95.08% list price / sales price
Avg $1,436,133
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 or 2nd BEST Luxury Market the Greater Pittsburgh Area has ever seen. Inventory (available homes) has increased 16%, pendings (under contract homes) have increased 26%, solds (sold homes) increased 35% in this sector since July 2023 and has remained stabile. It will be interesting to see with the increased inventory if this does start to shift to the buyers advantage, it does look like there is about 1.49% additional negotiating going on which amounts to about $21,201.
PENDINGS in the Luxury Market has decreased slightly over the last month, but nothing really notable. It is 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 242 Cornelius Rd, Portersville, PA 16051—a magnificent luxury custom home built in 2014, nestled on 15 private acres. This stunning property, surrounded by serene woods and bordered by the picturesque Moraine State Park, offers an unparalleled blend of elegance and tranquility. Boasting 6 spacious bedrooms, see more…..