Find homes for sale in Pittsburgh, known both as the "Steel City" and the "City of Bridges".
Pittsburgh, PA Real Estate Overview
In January 2024, Pittsburgh's housing market saw a 4.2% increase in home prices from the previous year, with the median sale price reaching $215,000. Homes sold faster, averaging 68 days on the market, an improvement from 72 days the year before. Sales volume also rose, with 276 homes sold, up from 252 in the same period last year, indicating a more active market.
The Pittsburgh housing market is moderately competitive. On average, properties are on the market for 68 days. While some listings receive multiple offers, the typical home sells for around 4% under the asking price and takes about 68 days to go under contract. However, highly sought-after homes can sell for approximately 1% over the listing price and may only take about 38 days to go pending.
Nationwide, 0.54% of homebuyers were looking to move into Pittsburgh from other metro areas. The largest group of these potential buyers came from New York, with Washington and Los Angeles following as the next most common origins of interest.
For detailed, up-to-date information on buying a house in Pittsburgh, including legal considerations and market trends, you can talk to us.
In January 2024, the median home price in Pittsburgh rose by 4.2% from the previous year to $215,000. Homes sold faster, averaging 68 days on the market, compared to 72 days last year. Sales also increased, with 276 homes sold, up from 252 the previous year.
Yes, Pittsburgh, PA, is considered a good place for real estate investment. The city offers a substantial inventory of properties, making it an affordable market for investors. Factors like Pittsburgh's high employment rates and significant student population contribute to real estate growth in both sales and rentals across many neighborhoods.
As of January 2024, Pittsburgh, PA, is a buyer's market. This is indicated by a sale-to-list price ratio of 95.3%, suggesting that homes are generally selling for slightly less than their asking price. A buyer's market occurs when the supply of homes exceeds the demand for homes.
Yes, considering the resilience and growth in the Pittsburgh housing market as of January 2024, with a 4.2% increase in home prices from the previous year and a median selling price of $215K, it's an attractive time for potential homeowners to consider buying in Pittsburgh.
Yes, moving to Pittsburgh is worth considering due to its affordability, high-quality city amenities, diversity, reputable schools and universities, above-average healthcare access, and expanding job opportunities. These factors contribute to a quality of life that is hard to beat, making Pittsburgh an attractive option for many.
Whether you have questions or are eager to explore your buying options, I'm here to help. Contact me today to discover how we can make your real estate aspirations a reality. Let's turn your vision into your home!
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Kim Marie Angiulli started her real estate career in 2010 with a background in financial planning and high-end retail sales. Real Estate has proven to be a wonderful fit for Kim Marie, with a total volume last year alone of $36,000,000+. Kim quickly achieved Rookie of the year, tripling the record held by the North Hills office! CB Presidents Circle. Other designations and awards include; 5 Star REALTOR, member of the Institute for Luxury Home Marketing Member, member of the Million Dollar Guild, 2017 America's best real estate agents by Real Trends and Circle of Excellence, and a career volume total of now over $225,000,000.
You can trust "Kim Marie Sells Luxury Real Estate" to market your home at its best and provide an accurate value analysis to sell as quickly as possible. With her design expertise and exceptional marketing materials, Kim Marie showcases her listings in a way that's unlike other REALTOR.
Whether you are looking to buy or sell you won't find a REALTOR as hard-working and dedicated as Kim Marie Angiulli.
With her design expertise and exceptional marketing materials, Kim Marie showcases her listings in a way that's unlike other Realtors®. Whether you are looking to buy or sell you won't find a Realtor® as hard-working and dedicated as Kim Marie Angiulli.
