Greater Pittsburgh Luxury Real Estate Market Report 9/27/2023
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
YTD 2023
246 Listings on the market
70 Under contract
211 sold in 2023
63 avg days on market
95.53% list price / sales price
Avg $1,411,031
from the archives of last years email
September YTD 2022
187 Listings on the market
67 Under contract
238 sold in 2022
70 average days on market
96.16% list price / sales price
Avg $1,377,280
YTD 2022 YTD 2020
239 sold in 2022 111 sold in 2020
70 avg days on market 114 avg days on market
96.22% list/sales price 91.26% list/sales price
Avg $1,376,601 Avg $1,421,153
YTD 2021 YTD 2019
216 sold in 2021 94 sold in 2019
91 avg days on market 122 avg days on market
93.73% list/sales price 88.93% list/sales price
Avg $1,448,432 Avg $1,396,312
Comparing the last several years the High-end Luxury market has softened ever so slightly compared to 2021 & 2022. However we are in the MIDDLE of the best Luxury Market the Greater Pittsburgh Area has ever seen. More homes sold 2023 than 2019 & 2020 combined. This sector of the market has been very stabile and is running ahead of the all the years before 2021.
PENDINGS in the Luxury Market has decreased slightly over the last month, but nothing really notable. The next few months are really going to be truth serum of sorts to what's really going on.
I have studied with the Institute for Luxury Home Marketing and have a robust marketing plan for Luxury homes!
Feature Home
265 Scaife Rd, Sewickley, PA 15143 $4,990,000
Sunnymede was inspired by a Loire Valley chateau, designed by William Boyd Jr., with garden design by Central Park’s Frederick Law Olmsted & pool house by Albert Filoni. The nearly 6-acre estate