Is Glenshaw, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Glenshaw has remained a Seller's Market.
Key Takeaway
Glenshaw is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glenshaw, PA
How much do homes in Glenshaw, PA cost?
Median Sold Price
$285,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Glenshaw have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Glenshaw was $285,000 in April 2024, up 5.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $73.5K | -54.1% |
| 2 Bedrooms | $199.9K | $185.7K | -7.1% |
| 3 Bedrooms | $265K | $279.1K | +5.3% |
| 4 Bedrooms | $335K | $385.5K | +15.1% |
| 5+ Bedrooms | $431.2K | $404.5K | -6.2% |
Summary: Glenshaw housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.1%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Hampton Township | $342K | $370K | +8.2% |
| Allison Park | $323.9K | $348.6K | +7.6% |
| Fox Chapel | $875K | $930K | +6.3% |
| Glenshaw | $270K | $285K | +5.6% |
| Shaler Township | $258.8K | $265K | +2.4% |
Housing Supply in Glenshaw, PA
How many homes are available in Glenshaw, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 54 | +31.7% |
Summary: The Glenshaw real estate market had 54 homes for sale in April 2024, a 31.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 25 | 32 | +28.0% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Glenshaw housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 14 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenshaw, you could pay more than the asking price. 92.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Glenshaw in April 2024, up by 100.0% month-over-month. Of the 14 sold homes, 7% were sold under asking, 0% were sold at asking, and 93% were sold over asking.
Days on Market for Glenshaw, PA
How long does it take to sell a home in Glenshaw, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 17 Days | -48.5% |
Summary: Homes in Glenshaw had an average of 17 days on market in Apr 2024, down by 48.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glenshaw are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Glenshaw; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
