$4,655 Closing Credit*
$392,000
2 Beds
•1 Full Bath, 1 Partial
Megan Dillman, Listing Office: Neighborhood Realty Services
Is Squirrel Hill South, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Squirrel Hill South was a Seller's Market.
Key Takeaway
Squirrel Hill South is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Squirrel Hill South, PA
How much do homes in Squirrel Hill South, PA cost?
Median Sold Price
$425,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,500(-0.6%)
Key Takeaway
Homes in Squirrel Hill South have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Squirrel Hill South was $425,000 in October 2024, down 0.6% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $237.4K | +61.0% |
| 2 Bedrooms | $275K | $276K | 0.4% |
| 3 Bedrooms | $400K | $380.5K | -4.9% |
| 4 Bedrooms | $450K | $466.2K | +3.6% |
| 5+ Bedrooms | $500K | $580K | +16.0% |
Summary: Squirrel Hill South housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 16%.
Median Sold Price Compared To Nearby Neighborhoods
| Squirrel Hill | $511.5K | $564.2K | +10.3% |
| Squirrel Hill South | $427.5K | $425K | -0.6% |
| Hazelwood | $162K | $159.9K | -1.3% |
| Greenfield | $235K | $230K | -2.1% |
Housing Supply in Squirrel Hill South, PA
How many homes are available in Squirrel Hill South, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 45 | +2.3% |
Summary: The Squirrel Hill South real estate market had 45 homes for sale in October 2024, a 2.3% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 17 | 15 | -11.8% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Squirrel Hill South 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 25%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Squirrel Hill South, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Squirrel Hill South in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Squirrel Hill South, PA
How long does it take to sell a home in Squirrel Hill South, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 31 Days | -30.0% |
Summary: Homes in Squirrel Hill South had an average of 31 days on market in Oct 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Squirrel Hill South are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Squirrel Hill South; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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.