Is Squirrel Hill, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Squirrel Hill has remained a Seller's Market.
Housing Prices in Squirrel Hill, PA
How much do homes in Squirrel Hill, PA cost?
Median Sold Price
$566,035
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Squirrel Hill was $566,035 in April 2024, up 13.2% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $147.5K | -4.8% |
2 Bedrooms | $275K | $432.5K | +57.3% |
3 Bedrooms | $459K | $435K | -5.2% |
4 Bedrooms | $521.6K | $536.7K | +2.9% |
5+ Bedrooms | $771K | $841K | +9.1% |
Summary: Squirrel Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 57.3%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 9.1%.
Median Sold Price Compared To Nearby Neighborhoods
Squirrel Hill North | $615K | $784.2K | +27.5% |
Squirrel Hill | $500K | $566K | +13.2% |
Squirrel Hill South | $400K | $435K | +8.8% |
Swisshelm Park | $275K | $277K | +0.7% |
Greenfield | $253.7K | $235K | -7.4% |
Housing Supply in Squirrel Hill, PA
How many homes are available in Squirrel Hill, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 72 | +30.9% |
Summary: The Squirrel Hill real estate market had 72 homes for sale in April 2024, a 30.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 7 | +250.0% |
3 Bedrooms | 21 | 25 | +19.0% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 18 | 23 | +27.8% |
Summary: The Squirrel Hill 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 250%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 27.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 14 | +133.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Squirrel Hill in April 2024, up by 133.3% month-over-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 Squirrel Hill, PA
How long does it take to sell a home in Squirrel Hill, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 76 Days | +22.9% |
Summary: Homes in Squirrel Hill had an average of 76 days on market in Apr 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Squirrel Hill; 36% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.