How Does the Pittsburgh Market Look Heading Into 2017?

Pittsburgh Real Estate Podcast with Gina Giampietro

Pittsburgh is a strong seller’s market right now. This trend is likely to continue up until the summer months.

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The end of the year is here, and the Pittsburgh real estate market is quite stable. While certain price ranges saw some different things, we’ve generally had a steady market. Really, the only thing that has changed is a dwindling supply of inventory.

Our inventory is so low right now that we are in a seller’s market. Sellers are in the driver’s seat and it will continue to be that way until at least the midway point of the year. There simply are too many buyers and too little inventory. Buyers need homes, and sellers are reaping the benefits. If you've been thinking of selling, now might be the time to do it before interest rates go up and while you can still get top dollar for your home.

Your chances of success in this market are high.

If you are going to put your home on the market and you want to sell quickly and for a good price, my prediction is that you will succeed. In this market, move-in ready homes aren’t staying on the market for more than a few weeks in most cases.

If you have any questions for me or if you’re thinking about buying or selling in the new year, give me a call or send me an email. I would love to hear from you.