Tuesday, December 6, 2011

Pittsburgh Still A Bright Spot On Real Estate Horizon



Pittsburgh's strong housing market continued in November when residential homes placed under sales agreements increased 17.9 percent over the same month last year.  Sales agreements were placed on 2,591 homes, compared with 2,197 a year ago, according to the West Penn Multi-List, which covers 13 counties in Southwestern Pennsylvania.  Washington County had the highest increase, 56.7 percent -- 235 homes compared with 150 a year ago -- while Butler County, with 215 sales versus 178, was up 21.4 percent.  Allegheny County, with 1,304 homes compared with 1,181, was up 10.4 percent while Westmoreland County, with 341 homes versus 300, was up 13.7 percent.  From January through November, the average price is up 4.1 percent at $157,022 compared with $150,840.

Metro Pittsburgh Real Estate

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