Is Point Breeze, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Point Breeze was a Seller's Market.
Key Takeaway
Point Breeze is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Point Breeze, PA
How much do homes in Point Breeze, PA cost?
Median Sold Price
$649,900
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Point Breeze have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in Point Breeze was $649,900 in April 2024, up 3.2% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $480K | N/A |
| 3 Bedrooms | $550K | $564K | +2.6% |
| 4 Bedrooms | $780K | $721K | -7.6% |
| 5+ Bedrooms | $680K | $945K | +39.0% |
Summary: Point Breeze housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 39%.
Median Sold Price Compared To Nearby Neighborhoods
| Squirrel Hill North | $615K | $784.2K | +27.5% |
| Point Breeze | $630K | $649.9K | +3.2% |
| Shadyside | $431.5K | $363.7K | -15.7% |
Housing Supply in Point Breeze, PA
How many homes are available in Point Breeze, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 19 | +18.8% |
Summary: The Point Breeze real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Point Breeze housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Point Breeze, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Point Breeze in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Point Breeze, PA
How long does it take to sell a home in Point Breeze, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 5 Days | -87.3% |
Summary: Homes in Point Breeze had an average of 5 days on market in Apr 2024, down by 87.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Point Breeze are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Point Breeze; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
