The Pittsburgh real estate market has been relatively steady and secure throughout all the ups and downs of the national market. Unlike some areas, prices have not dramatically dropped or “slashed” in half.  Though you can see a little bit of the effect the national economy right now, overall, Pittsburgh homes for sale are a great investment in future equity, and are found at fair, level and steady prices.
You will see an increase in foreclosures, up from March of 2010, but the key will be in seeing how quickly they turn around and sell. I am predicting the great values found in these foreclosed homes will cause most of them to move quickly:
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Pittsburgh, PA Real Estate Market Snapshot
as of Monday, April 12, 2010
Listing Type Number Median Price Price Change

from March
Homes for Sale 2,587 $129,900 -1.6%
New Homes 5 $179,550 0.0%
Foreclosures 1,054 $82,000 +15.0%

Pittsburgh Real Estate For Sale

While everything isn’t all roses, there aren’t too many thorns, either. Our market could be -and has been-better, but on the flip side it could also be much worse, as we can see in other large city markets around the nation. Pittsburgh is lucky it has been able to stabilize all the fluctuation of the national market. Our wonderful area, businesses,schools and great communities have kept our real estate market strong and helped to make Pittsburgh a great place to raise a family.

If you are interested in learning more about how to buy Pittsburgh real estate,  what steps are needed to make an offer on a foreclosed property, browse the Pittsburgh MLS or just want to know more about the market report, simply contact me, Jim Dolanch, your expert Pittsburgh real estate agent.

Until next time,

Jim