"Price reductions swept through 48% of Pittsburgh's housing inventory during the week ending Nov. 7, 2025, as the metro maintained its position as Pennsylvania's most affordable major market with a $249,000 median list price. The widespread price adjustments come even as Pittsburgh homes already trade at steep discounts to both state and national levels. The metro's median list price sits 23% below Pennsylvania's $325,000 median and 42% below the national median of $432,980."
"The price-per-square-foot metric reinforces Pittsburgh's affordability advantage at $169.2, compared to $185.2 statewide and $212.3 nationally. Only 0.5% of sellers raised prices during the period, while 8.7% of properties returned to market after being previously delisted. Properties in Pittsburgh sold in a median 56 days, moving 21 days faster than the 77-day national pace and seven days quicker than Pennsylvania's 63-day median. The accelerated timeline suggests buyers respond to value opportunities when pricing aligns with market expectations."
Price reductions swept through 48% of Pittsburgh's housing inventory during the week ending Nov. 7, 2025, while the metro held a $249,000 median list price, making it Pennsylvania's most affordable major market. The median list price is 23% below the state median and 42% below the national median. Active inventory totaled 4,568 homes with 362 new listings and 507 weekly absorptions, yielding a 2.3-month supply that favors sellers. Price per square foot averaged $169.2. Median days on market was 56 days, faster than both state and national medians. Low seller price increases and a high rate of price cuts reflect shifting seller sentiment.
Read at www.housingwire.com
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