Submitted by hambone012 t3_10crngk in pittsburgh
ktxhopem3276 t1_j4i5pps wrote
Reply to comment by hambone012 in Question for those from the north side…: by hambone012
They are overpriced
hambone012 OP t1_j4kisg0 wrote
Really? How much do you think they are worth?
ktxhopem3276 t1_j4ld0bg wrote
They are only worth what someone is willing to pay. It’s especially tricky bc they are priced as some of the most expensive in the neighborhood. If I had to guess 300-320 and 260-280. you could get something smaller near the trolly line in bethel or mt Lebanon for those prices with top tier schools.
I don’t think this phenomenon is unique to the north side. I’ve seen plenty of houses in bethel park and mt lebanon sit on the market when they are over priced and the seller is too stubborn to lower the price. the market isn’t crashing like 2008 but the first to suffer over high interest rates are going to be the sellers trying to get a rich price.
S4ltyInt3ractions t1_j4krzrg wrote
Knock a hundred grand off each
hambone012 OP t1_j4kubov wrote
No way in 2023 those are 200k houses. The housing market isn’t going to come tumbling down like 08. We may see some houses come down in price but unless people start foreclosing en mass it is what it is.
S4ltyInt3ractions t1_j4nv51x wrote
It sure is what it is...
ktxhopem3276 t1_j4lhmvg wrote
Here are some houses in my Lebanon and bethel park that have been on the market a long time. I think you can find houses sitting in any neighborhood that are overpriced.
213 days
454 Royce Ave, Pittsburgh, PA 15216
116 days
220 Broadmoor Ave, Pittsburgh, PA 15228
92 days
38 Terraceview Ave, Pittsburgh, PA 15243
89 days
1014 Logan Rd, Bethel Park, PA 15102
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