Greater Pittsburgh Luxury Real Estate Market Report
“You deserve to live in a place that motivates your every moment.”
Overlooking the city with breathtaking floor-to-ceiling panoramic views of Pittsburgh, the penthouse fuses innovation and elegance to create a lifestyle that inspires. 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. There is built-in stereo and subwoofer that delivers an immersive audio experience. Upstairs, bamboo floors lead to master sanctuary with a hidden TV, walk-in closet with washer/dryer and a spa-inspired ensuite with European fixtures. Entertain from the wet bar and open the glass sliders to take in the skyline from your awning-covered balcony. read more…
Lifestyle of the Rich & Famous Pittsburgh Edition
HOMES $1,000,000+ STATISTICS
May YTD 2025
250 Active listings on the market
90 Under contract
116 Sold
85 avg days on market
95.44% list price / sales price
Avg $1,420,705
from the archives of last years email
May YTD 2024
263 Listings on the market
95 Under contract
114 sold
87 average days on market
93.900% list price / sales price
Avg $1,440,160
May YTD 2023
182 Listings on the market
99 Under contract
71 sold in 2023
76 average days on market
94.30% list price / sales price
Avg $1,489,399
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 2025 brings”
YTD Statistics
Comparing the last several years the High-end Luxury market has remained on the move. We are only keeping pace with 2024 at this point. It appears Luxury Markets are remaining strong. Active inventory (available homes) has decreased about 5%, pendings (under contract homes) have decreased 5%, solds (sold homes) decreased 2% in this sector since May 2024. It really doesn’t seem like there is much to read into here at the moment.
I have studied with the Institute for Luxury Home Marketing and have a robust marketing plan for Luxury homes! - Nick
Feature Home
Discover an exquisite European Style Country Estate built in 2014, atop a hill located in Fox Chapel school district & proximity to Shadyside Academy. Surrounded by amenities: country clubs, parks, & dining, yet only a short drive to Shadyside & Downtown. 2 Guest houses by the porte-cochere overlook untouched land owned by local conservation trust. Meticulously crafted home features 2-story entryway, French Limestone Foyer, Custom kitchen w/stunning island. Enjoy elegant gatherings in the dining room w/temperature-controlled wine cellar.
