Homebuyers shopping in the $300,000 price range will discover limited choices in the Pittsburgh area, and what little is available is not on the market for long.
That’s the word from Patty Cappelli, a realtor with Howard Hanna‘s Mt. Lebanon office. Cappelli says that at this time of year, there normally would be anywhere from 100 to 150 listings in the Mt. Lebanon area in this price range, but right now there are about 60.
In Mt. Lebanon, a $300,000 home would typically have three bedrooms and two full baths, Cappelli says. Houses farther away, say in South Fayette, may have more space, but also require a longer commute to the city.
And many of those homes are routinely selling above the asking price. “It’s a little more desperate now,” Cappelli says of the current market.
The are even fewer choices in the city, particularly in the eastern neighborhoods of Shadyside, Squirrel Hill and Morningside, says Molly Howard a realtor with Howard Hanna’s Shadyside office.
In Shadyside, there are two condominiums but no homes at that price, and there is one in Point Breeze and one in Squirrel Hill. And as in the South Hills, they don’t stay on the market very long.
Here’s a sampling of area listings around $300,000.
Neighborhood: 1302 Boyle St., Central Northside
Asking price: $250,000
Description: Step through the front door and into a complete renovation. The first floor boasts an open floor plan, decorative fireplace, generous dining room, large kitchen and a powder room. Upstairs there’s a family room plus two bedrooms, along with another large bedroom on the third floor. There’s a private courtyard in the back and it’s just steps to Allegheny General Hospital, restaurants and cultural activities on the North Shore.
Neighborhood: 1942 Georegetown Dr., Franklin Park
Asking price: $279,000
Description: Located in Franklin Park’s Ridge Forest Community, this middle-unit brick townhome has large bedrooms, plenty of windows and an open-concept living room, dining room and kitchen. There’s a private deck off the kitchen, which has ample counter space and cabinets. In the master bedroom there’s a large walk-in closet and bathroom with double sinks. The home is seconds away from a common recreation area with a basketball court and playground.
Neighborhood: 2786 Tischler Road, Bethel Park
Asking price: $275,000
Description: This contemporary four-bedroom home has ample, sun-drenched spaces, including an eat-in kitchen with granite countertops, stainless steel appliances, a large center island and a breakfast bar. A three-story solarium is a unique addition to the property. The upper level of the home features a master bedroom with a vaulted ceiling, two additional bedrooms and a bonus room. The lower level has a fourth bedroom, laundry area and a six-car garage. Don’t feel like driving? The house is within walking distance of the T.
Neighborhood: 8103 Palomino Dr., South Fayette
Asking price: $325,000
Description: This four-bedroom, three-and-a-half bath, custom colonial house with a two-car garage just dropped in price. The spacious floorplan has hardwood floors, a gas fireplace and skylights. In the back there’s a large, covered patio that looks out onto a sprawling yard. The Saddlewood Community includes a pool, clubhouse, private trails and sidewalk-lined streets.
Neighborhood: 4417 Garwood Way, Lawrenceville
Asking price: $309,000
Description: Be in the thick of the Lawrenceville scene in this home across from Children’s Hospital of Pittsburgh. The kitchen on the open first floor has ivory cabinets, granite countertops and an island. The living room and dining area are bathed in natural light with access to a deck and a powder room. The two upper floors each have a bedroom and a bathroom, plus there is a laundry area and closet space.
Neighborhood: 5420 Bossart St., Morningside
Asking price: $259,900