Is Glenshaw, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenshaw is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Glenshaw has remained a Seller's Market.

Key Takeaway

Glenshaw is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Glenshaw, PA

How much do homes in Glenshaw, PA cost?

Median Sold Price

$295,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$25,250(+9.4%)

Key Takeaway

Homes in Glenshaw have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Glenshaw was $295,000 in September 2024, up 9.4% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $160K$73.5K
-54.1%
2 $177.2K$220K
+24.1%
3 $266K$280K
+5.3%
4 $360K$331K
-8.1%
5+ $320K$515K
+60.9%

Summary: Glenshaw housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.1%, 2 bedroom homes increased by 24.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 60.9%.

Median Sold Price Compared To Nearby Cities

Glenshaw
+9.4%
Hampton Township
+6.3%
Shaler Township
+5.8%
Allison Park
+5.6%

Housing Supply in Glenshaw, PA

How many homes are available in Glenshaw, PA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5157+11.8%

Summary: The Glenshaw real estate market had 57 homes for sale in September 2024, a 11.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 3135
+12.9%
4 1413
-7.1%
5+ 12
+100.0%

Summary: The Glenshaw housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
14140.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenshaw, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Glenshaw in September 2024, the same as the previous month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.

Days on Market for Glenshaw, PA

How long does it take to sell a home in Glenshaw, PA?

Average Sale Time

Sep 2023Sep 2024CHANGE
14 Days22 Days+53.3%

Summary: Homes in Glenshaw had an average of 22 days on market in Sep 2024, up by 53.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glenshaw are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 14 homes were sold in Glenshaw; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

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