Is Glenshaw, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Glenshaw was a Buyer'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
$292,500
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Glenshaw have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Glenshaw was $292,500 in May 2024, up 8.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $73.5K | -54.1% |
| 2 Bedrooms | $194.9K | $185.7K | -4.7% |
| 3 Bedrooms | $265K | $277K | +4.5% |
| 4 Bedrooms | $330K | $367.5K | +11.4% |
| 5+ Bedrooms | $431.2K | $339K | -21.4% |
Summary: Glenshaw housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.1%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes decreased by 21.4%.
Median Sold Price Compared To Nearby Cities
| Glenshaw | $270K | $292.5K | +8.3% |
| Fox Chapel | $860K | $930K | +8.1% |
| Hampton Township | $349.5K | $370K | +5.9% |
| Allison Park | $325K | $341K | +4.9% |
| Shaler Township | $259.6K | $265K | +2.1% |
Housing Supply in Glenshaw, PA
How many homes are available in Glenshaw, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 55 | 66 | +20.0% |
Summary: The Glenshaw real estate market had 66 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 33 | 31 | -6.1% |
| 4 Bedrooms | 13 | 21 | +61.5% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Glenshaw housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 61.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 23 | +64.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenshaw, you could pay more than the asking price. 65.2% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Glenshaw in May 2024, up by 64.3% month-over-month. Of the 23 sold homes, 30% were sold under asking, 4% were sold at asking, and 65% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 15 Days | 29 Days | +94.2% |
Summary: Homes in Glenshaw had an average of 29 days on market in May 2024, up by 94.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Glenshaw are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 23 homes were sold in Glenshaw; 61% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.