Friday, November 30, 2007
Wednesday, November 21, 2007
Tuesday, November 13, 2007
Friday, November 9, 2007
Thursday, November 8, 2007
- The value of Downtown housing is up! The average price of units sold in the Downtown area so far this year is $220,737. This is up from the 2006 average of $178,596 (statistic from National Association of Realtors).
- Currently there are 87 units under contract and 87 units showing as actively on the market.
- As for units sold YTD, we are only down 4 units from 2006 (yes, 4 with no zeros at the end). Taking into account that there are currently 87 units under contract, some of those are bound to close before the end of the year, which will put us ahead! Yes, downtown Pittsburgh will most likely show an increase in number of units sold in 2007!
So much for the doom and gloom projected onto us from the national media! These statistics are for Downtown Pittsburgh alone. If you would like similar statistics on other areas or have any questions please feel free to contact me!
*statistics from West Penn Multilist through 11/8/2007