Highland Park Market Performance First Quarter of 2014*
Hello once again Highland Park residents! It's time for another quick snapshot of the Highland Park neighborhood. We will be evaluating how the resulting statistics of estate sales in the 1st quarter of 2014 compared to the sales numbers of 2013.
I can tell you personally that this was a tough winter in the world of Pittsburgh Real Estate Sales. As to be expected, the average sale price of a home in Highland Park decreased a bit in the first quarter. The average sale price between January 1st and April 1st was $244,208. This is a decrease of 7.22% from the 2013 average sale price of $261,839. The average days-on-market more than doubled to 111 days in the first quarter of 2014 versus 53 days-on-market for the whole of 2013.
All-in-all, I feel that there is nothing to fear. Given the extreme conditions of this winter, I would predict a huge rebound in sales numbers within the second quarter of 2014 and for the rest of the year.
The “90 Days Sold or we Work for Free!” Plan, or
The “Highest-price Guaranteed” Marketing Plan
You can also register at our Pittsburgh Free Home Evaluation Site
Thank you for your time,
Dustin D. Nulf, CEO
KELLER WILLIAMS REALTY PITTSBURGH
The Dustin Nulf Team, LLC
412-682-0120, ext: 7020
*Stats compiled from the West-Penn MLS
If your home is already listed with another brokerage, this is not meant to solicit that listing.