October 2013 Shadyside PA Real Estate Market Trends

Shadyside PA Real Estate Market Trends

The Shadyside PA real estate market offers something for every budget and this East End Pittsburgh neighborhood is always in high demand!  Fall is one of the best times of the year to buyer a home, condo or investment property.  In the Fall there is much less competition from other prospective buyers and sellers want to avoid selling a house in the winter so they are extra motivated to sell.  There are currently 73 active properties for sale in Shadyside PA.  Shadyside has a variety of homes and condos for sale in all price ranges. For example, 420 S Aiken A-5 a 1 bedroom, 1 bath is listed for $76,500 and there are 15 condos listed under $150,000! On the upper end of the price scale 616 Saint James St is on the market for $1,750,000 (reduced from $1,900,000).  902 Saint James is also on the market for $1,400,000 (reduced from $1,600,000) and there are many listings priced between.  There are 13 properties listed between $200,000-$300,000, 8 properties listed between $300,000-$400,000 and 12 properties priced between $500,000-$900,000.  As you can see Shadyside offers a variety of homes for sale in all price ranges.

September 2013 Shadyside PA Real Estate Market Stats

10 single family property closed in September.  Sold prices range from $700,000 for 6107 Kentucky down to $100,000 for 5 Bayard #916.  4 properties were listed as”under agreement” and 16 properties are listed as “contingent”.  Most “under agreement” homes will go on to close. Many of the contingent homes will move forward and go “under agreement” once inspections are done and negotiated terms are agreed to.  When a buyer and a seller can’t come to an agreement during the contingency period the buyer can terminate the offer and the house will go back on as “active”.

Please contact me if you are interested in buying or selling a home, condo or investment property in Shadyside PA or interested in real estate in any area of Pittsburgh.  I can be reached at liz@pittsburghhome.com or 412-302-2645.