Special Real Estate Section
• Inventory Levels: Supply is slowly increasing but remains about 31 percent below pre-pandemic levels, keeping the market tilted in favor of sellers.
• Days on Market: Homes are averaging 71 to 85 days on the market— a slight increase from last year, giving buyers a bit more time for due diligence.
SUBURBAN SPOTLIGHTS: WHERE TO WATCH
Different suburbs are catering to specific buyer profiles this year:
1. The Growth Hubs( North & South)
• Cranberry Township & Mars: These continue to be the heavyweights for new construction and modern infrastructure. Developers are focused on mixed-use communities
here to support long-term population expansion.
• South Fayette & Peters Township: Popular for families seeking larger lots and top-tier school districts. South Fayette is noted as one of the fastest-growing“ up-and-coming” areas.
2. The Established Classics
• Mt. Lebanon & Upper St. Clair: These remain the go-to for buyers prioritizing“ walkable” town centers and historic charm.
• Fox Chapel: Continues to lead the high-end luxury market, with median sale prices often exceeding $ 1M, though nearby O’ Hara Township offers more accessible entry points.
3. The First-Time Buyer Havens
• Beechview & Brighton Heights: Highlighted for their extreme affordability( median prices often under $ 150k) and proximity to the T-light rail system.
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COREY KELLY, CB
KATHLEEN MATHISON, HH
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