$4,738 Closing Credit*
$399,000
1,872 SqFt
3 Beds
•2 Full Baths, 1 Partial
Allison Pochapin, Listing Office: Compass Pennsylvania, Llc
Is Squirrel Hill, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Squirrel Hill has remained a Seller's Market.
Key Takeaway
Squirrel Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Squirrel Hill, PA
How much do homes in Squirrel Hill, PA cost?
Median Sold Price
$564,250
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,750(+10.3%)
Key Takeaway
Homes in Squirrel Hill have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Squirrel Hill was $564,250 in October 2024, up 10.3% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $237.4K | +53.2% |
| 2 Bedrooms | $382K | $284K | -25.7% |
| 3 Bedrooms | $435K | $450K | +3.4% |
| 4 Bedrooms | $499.9K | $617K | +23.4% |
| 5+ Bedrooms | $850K | $851.5K | 0.2% |
Summary: Squirrel Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.2%, 2 bedroom homes decreased by 25.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 0.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Squirrel Hill | $511.5K | $564.2K | +10.3% |
| Squirrel Hill North | $773K | $833K | +7.8% |
| Squirrel Hill South | $427.5K | $425K | -0.6% |
| Greenfield | $235K | $230K | -2.1% |
Housing Supply in Squirrel Hill, PA
How many homes are available in Squirrel Hill, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 68 | +3.0% |
Summary: The Squirrel Hill real estate market had 68 homes for sale in October 2024, a 3.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 19 | 17 | -10.5% |
| 5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The Squirrel Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Squirrel Hill, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Squirrel Hill in October 2024, up by 62.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 36 Days | -22.6% |
Summary: Homes in Squirrel Hill had an average of 36 days on market in Oct 2024, down by 22.6% 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 Squirrel Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Squirrel Hill; 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.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.