Greater Pittsburgh Luxury Real Estate Market Report
“Penthouse overlooking the city with breathtaking floor-to-ceiling panoramic views of Pittsburgh”
Just 6-7 minutes to the stadium and downtown, this modern retreat seamlessly unites design and technology. The main floor features a sleek living room with a rotating couch, fireplace, a designer kitchen complete with bamboo cabinetry, a lighted glass countertop, Sub-Zero refrigerator and a pantry, full bath features a Jacuzzi tub read more…
Lifestyle of the Rich & Famous Pittsburgh Edition
HOMES $1,000,000+ STATISTICS
February YTD 2026
185 Active listings on the market
63 Under contract
36 Sold
74 avg days on market
93.88% list price / sales price
Avg $1,479,623
from the archives of last years email
February YTD 2025
179 Listings on the market
42 Under contract
35 sold in 2024
105 avg days on market
96.32% list price / sales price
Avg $1,396,658
February YTD 2024
240 Listings on the market
64 Under contract
39 sold in 2024
96 average days on market
92.24% list price / sales price
Avg $1,417,569
People make comments and ask questions all the time, about interest rates and how the market is performing….
“Think about this, Luxury homes sold is behind last year, however MORE Luxury homes sold in 2025 than 2019 & 2020 combined and far exceeded 2023. I am excited to see what 2026 brings”
YTD Statistics
Comparing the last several years the High-end Luxury market has remained strong appears to be unmoved. Earlier last year it was looking like there was going to be a decline for the luxury market, however it rebounded quite well. There are 185 Active listings (available homes) has increased minimally at about 3% (23% lower than 2024). There are 63 Pendings (under contract homes) have increased 14% (2% lower than 2024). There are 36 Solds year-to-date (sold homes) and remains little change in this sector since February 2025 (8% lower than 2024). Last month we were slightly ahead of last year for solds, this month we are running neck and neck. This is interesting. I am curious to see which way this trend continues.
I have studied with the Institute for Luxury Home Marketing and have a robust marketing plan for Luxury homes! - Nick
Feature Home
Welcome Home to 5056 BEAR RUN RD nestled on 25+ secluded acres within the heart of Cranberry Township, PA! This remarkable 11,000 Sq Ft Estate provides the perfect blend of modern design + timeless architecture. The beautifully appointed 3-Story Entry welcomes you into the finest experiences of “Home”, unlike any other! The delightful A-Frame Great Room boasts a floor-to-ceiling Stone Fireplace, abundant natural light and breathtaking views out back. The recently redesigned Main Level, Chef’s Style Kitchen + Dining Area offer luxury finishes and offer the perfect space for entertaining + gatherings! **The First Floor Master Suite retreat feels like a vacation…
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