Western PA Real Estate and Community News

Sept. 7, 2023

September 2023 North Huntingdon market update

Here are the top things to know about the North Huntingdon real estate market right now:

 

Inventory is Down and Demand is Up

With the limited number of properties and steady demand, North Huntingdon has regularly

seen increases in sale prices. In 2023, fewer homes have been listed & sold than in 2022— (211

ytd vs 257 in 2022 ytd) continuing to keep prices high despite raising interest rates. The sale-to-

list percentage (how close the actual sale price was to the original list price) has stayed about

the same ytd as last approximately 99.6% vs 100% last. If you’re thinking of selling in the next

12 months and want to capitalize on your investment, you want to work with a real estate

expert who understands how to strategically price and market your home so you get a

maximum return.

 

Median Sale Price is down but just slightly

 

When correctly priced and positioned well on the market, homes are selling at or above list

price—often in only a few days on market. The median sale price has dipped from last month to

$225,000 ytd, putting the ytd down $1,000 from the $226,000 just a year ago. Average sales

price in North Huntingdon has dropped about $17,000 from last month, however the average

sales price is still up almost $16,000 year to date. Median days on market has risen to 19, up

from 10 this time last year. These stats have fluctuated a lot over the last 6 months, and when

you are selling your largest financial asset–it’s exactly why you need a strategic marketing plan.

 

We Continue to See Homes Sell

The market is quite active. We had nearly two years of insanity, however it is finally starting to

cool as interest rates have been hovering around 7%. Record low inventory is slowly starting to

build, rising to 1.6 months as of the start of September in North Huntingdon. Home values will

likely increase slightly or flatline in value this fall until we see inventory begin to increase closer

to 3+ months of inventory. With the right strategic plan, pricing, and positioning for your

property and your goals, we can attract maximum offers and get your home sold for the highest

possible price in the fewest days on market.

 

As a homeowner, what does this mean for you?

If you’re thinking about selling in the next 12 months, now is the time to start preparing for

market. If you want to get top dollar for your home, you’ll need to employ a combination of expert

guidance and cutting-edge marketing strategies that are proven to deliver results. Yes, real

estate involves a lot of numbers, yet you deserve to be treated like you are so much more than

that—because you are. My support staff and I will insure you’re fully taken care of by making

sure everything is compliant, organized, and always on schedule. Our high level of professionalism is why an astounding 600+ clients in western Westmoreland

county and nearby areas have trusted us with their largest financial assets. And why the Adam

Slivka & Team@C21fairways has over 200 5-star reviews on Google, many more than any other

agent or company in the area. In addition, at of the start of September Adam also had assisted

more homeowners in 15642 than any other agent ytd. Our process is proven to get you the

highest price in the fewest days on market. And we make it a seamless, simple experience for

you—from beginning to end.

 

If you are thinking about selling your home in the next 12 months, call me today for your

Strategic Marketing Consultation → 724-787-1659

We will cover your goals and my unique approach to getting you the highest possible price in

the fewest days on market.

Call Today → 724-787-1659

Adam Slivka

License # AB068610

Century 21 Fairways

Posted in Market Updates
July 31, 2017

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Posted in Market Updates