Is Shadyside, 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, Shadyside was a Buyer's Market.
Key Takeaway
Shadyside is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shadyside, PA
How much do homes in Shadyside, PA cost?
Median Sold Price
$363,750
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Shadyside have sold for 15.7% less than they did a year ago.
Summary: The median home sold price in Shadyside was $363,750 in April 2024, down 15.7% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181.5K | $186.6K | +2.8% |
| 2 Bedrooms | $316.3K | $303.5K | -4.0% |
| 3 Bedrooms | $522.5K | $595K | +13.9% |
| 4 Bedrooms | $799.5K | $820K | +2.6% |
| 5+ Bedrooms | $900K | $1.1M | +25.7% |
Summary: Shadyside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 25.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Squirrel Hill North | $615K | $784.2K | +27.5% |
| Bloomfield | $310K | $320K | +3.2% |
| Shadyside | $431.5K | $363.7K | -15.7% |
Housing Supply in Shadyside, PA
How many homes are available in Shadyside, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 56 | +16.7% |
Summary: The Shadyside real estate market had 56 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 11 | +37.5% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 8 | 14 | +75.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Shadyside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shadyside, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Shadyside in April 2024, up by 62.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Shadyside, PA
How long does it take to sell a home in Shadyside, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 44 Days | +117.3% |
Summary: Homes in Shadyside had an average of 44 days on market in Apr 2024, up by 117.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Shadyside are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Shadyside; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
