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
September YTD 2024
234 Listings on the market
74 Under contract
303 sold in 2024
77 avg days on market
95.17% list price / sales price
Avg $1,472,175
from the archives of last years email
September YTD 2023
246 Listings on the market
70 Under contract
211 sold in 2023
63 average days on market
95.53% list price / sales price
Avg $1,411,031
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 decreased 5%, pendings (under contract homes) have decreased 5%, solds (sold homes) increased 30% in this sector since September 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 .36% additional negotiating going on which amounts to about $5,299.
PENDINGS in the Luxury Market has decreased over the last month, this is common for the season, but not 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 the historic Blinker House, available for only the third time in nearly 100 years. This elegant limestone home, on a rare double lot at Murdoch Farms' iconic 5-corner pinnacle, offers 6 bedrooms, 3 full and 2 half baths. The grand marble entry leads to a paneled dining room and eat-in kitchen with a bay window. An expansive living room and sunroom provide ideal entertaining spaces. The second floor has four large bedrooms, a laundry room, and an option to expand the primary suite. The third floor adds two more bedrooms see more…..