Double-Digit Increase in January Home Sales in Pittsburgh
February 10, 2012 by bbaker · Leave a Comment
January 2012
Southwestern Pennsylvania
Real Estate Market Report
Double-Digit Increase in January Home Sales
Data source: The West Penn Multi-List, Inc.
These numbers represent the 13-county area serviced by the West Penn Multi-List, Inc. (Allegheny,
Armstrong, Beaver, Butler, Washington, Westmoreland, Fayette, Greene, Clarion, Lawrence, Mercer,
Somerset and Indiana Counties) unless county is specified.
January Market Overview
January 2012 versus January 2011
25.59% increase in Homes Under Agreement versus January 2011 (1,997 homes versus 2,508)
7.74% increase in New Listings versus January 2011 (2,339 homes versus 2,520)
5.07% Average sale price increased ($145,412 versus $152,782).
County Specific Increases
January 2012 versus January 2011 homes under agreement
Allegheny County 19.03% increase (1,067 homes versus 1,270)
Beaver County 24.43% increase (131 homes versus 163)
Butler County 26.35% increase (148 homes versus 187)
Washington County 43.48% increase (161 homes versus 231)
Westmoreland County 38.14% increase (236 homes versus 326)
“All indicators are moving in the right direction for the first month of the new
year, we’ve seen increases from last January in homes under agreement, new
listings and average sale price, which is positive news for our region.”
- Ron Croushore, President & CEO of Prudential Preferred Realty
www.PrudentialPreferredRealty.com
Independently Owned and Operated
