Is Squirrel Hill North, 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, Squirrel Hill North was a Neutral Market.
Key Takeaway
Squirrel Hill North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Squirrel Hill North, PA
How much do homes in Squirrel Hill North, PA cost?
Median Sold Price
$784,208
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Squirrel Hill North have sold for 27.5% more than they did a year ago.
Summary: The median home sold price in Squirrel Hill North was $784,208 in April 2024, up 27.5% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | - | N/A |
| 2 Bedrooms | $450K | $550.5K | +22.3% |
| 3 Bedrooms | $600K | $599K | -0.2% |
| 4 Bedrooms | $627.6K | $685K | +9.1% |
| 5+ Bedrooms | $1.0M | $914.5K | -11.0% |
Summary: Squirrel Hill North 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 increased by 22.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 11%.
Median Sold Price Compared To Nearby Neighborhoods
| Squirrel Hill North | $615K | $784.2K | +27.5% |
| North Oakland | $284K | $334.9K | +17.9% |
| Squirrel Hill | $500K | $566K | +13.2% |
| Point Breeze | $630K | $649.9K | +3.2% |
| Shadyside | $431.5K | $363.7K | -15.7% |
Housing Supply in Squirrel Hill North, PA
How many homes are available in Squirrel Hill North, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 34 | +30.8% |
Summary: The Squirrel Hill North real estate market had 34 homes for sale in April 2024, a 30.8% 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 | 0 | 3 | +100.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Squirrel Hill North 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 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 8 | +700.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Squirrel Hill North, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Squirrel Hill North in April 2024, up by 700.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Squirrel Hill North, PA
How long does it take to sell a home in Squirrel Hill North, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 51 Days | -9.2% |
Summary: Homes in Squirrel Hill North had an average of 51 days on market in Apr 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Squirrel Hill North are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Squirrel Hill North; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
