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Thursday, January 24, 2013

New Year New Market in Pittsburgh 2013

Thing are looking up in the local Pittsburgh Real Estate horizon for 2013; in comparing Coldwell Banker's 'Market Trends' data, several choice neighborhoods are consistently performing well with strong year over year average prices SOLD increasing. 

A few popular municipalities that I've been involved in and noticed multiple offers in are Franklin Park in North Allegheny, Squirrel Hill in East Allegheny, Upper Saint Clair, Bethel Park & Mt. Lebanon in South Allegheny.  While interest rates and inventory are relatively low, continued consumer demand should help sustain modest price increases in 2013 for Sellers willing to move up/down/out of their existing houses. If you'd like a 'Market Trends' report for your neighborhood, email: janice.caputo@pittsburghmoves.com. Data from West Penn Multi-List, Inc. 1/1/11-1/23/13.