IN Upper St. Clair Spring 2020 | Page 22

INDUSTRY INSIGHT REAL ESTATE SPONSORED CONTENT AN EXCITING TIME FOR ONE OF PITTBURGH’S MOST QUAINT COMMUNITIES The school system has new upgrades and continues to support Upper St. Clair as a strong community pillar. Some feel that Pittsburgh has more commercial and residential developments in the city than ever before! This is great for the overall health and buzz of any city. So, welcome to Spring of 2020! SHANE LEICHTY OF PIATT SOTHEBY’S INTERNATIONAL REALTY PRESENTS 2 0 MARKET REPORT 1 9 WRAP-UP STATISTICS NUMBER OF HOMES CLOSED AVERAGE SALE PRICE TOTAL VOLUME AVERAGE DAYS ON MARKET 2018 342 $367,293 $125,614,212 59 2019 291 $359,447 $104,599,151 59 RESULTS -14.91% W -2.14% e are excited to launch this article that is focused on being your source for Upper St. Clair real estate information, that you can digest easily and get the current real estate scoop. There are many ways to look at “How the market is doing” given there are also subjective vantage points. I typically ask, are you buying, selling or investing? A buyer looking to move into the area has a different set of obstacles than one thinking about selling. 20 724.942.0940 TO ADVERTISE ❘ icmags.com -16.73% = 0% Buyers will need to be aware of days on market, average sale price and how these fit into the neighboring school districts. A seller should be more concerned about what areas of their property need repairs, updates and how to stage their home in the best light to maximize the potential. Sellers have a large advantage in this market, but the buyers always determine the selling price. We will educate more on this in later editions piece by piece.