O'Hara, Fox Chapel PA Real Estate Market Stats for Single Family Properties in PITTSBURGH, PA 15238

Market Stats for Single Family Properties in PITTSBURGH, PA 15238:

Market stats for Single Family properties in PITTSBURGH, PA 15238 as of 20 May 2011
Median Price: $555,000
Mean Price: $683,492
Inventory: 139
Market Heat: 12.72
Days on Market: 229
Price per Square Foot: $96
Median Square Feet: 5,770
Median Lot Size: 40,635
Average Beds: 4.15
Average Baths: 3.53
Average Age: 41"

Real-Time Real Estate Market Data from Altos Research LLC

Pittsburgh Real Estate Market Update- City of Pittsburgh

Real-Time Real Estate Market Data from Altos Research LLC: "

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Market stats for Single Family Properties in PITTSBURGH, PA 15232

Shadyside, PA Market Update- May 2011-

Market stats for Single Family Properties in PITTSBURGH, PA 15232:

Market stats for Single Family properties in PITTSBURGH, PA 15232 as of 20 May 2011
Median Price: $530,000
Mean Price: $692,569
Inventory: 25
Market Heat: 18.82
Days on Market: 142
Price per Square Foot: $127
Median Square Feet: 4,715
Median Lot Size: 4,140
Average Beds: 5.20
Average Baths: 3.42
Average Age: 99"

Mortgage Rates Reach Another Low for 2011-

REALTOR® Magazine-Daily News-Mortgage Rates Reach Another Low for 2011
Mortgage Rates Reach Another Low for 2011 
For the fifth straight week, mortgage rates inched down again--this time reaching the lowest level of the year as well as lowest year-to-date. The 30-year fixed-rate mortgage averaged 4.61 percent this week, while the 15-year rate averaged 3.80 percent, Freddie Mac reports in its weekly mortgage market survey. 

The 30-year mortgage hasn’t reached 4.61 percent or below since December 2010. Last year at this time, it averaged 4.84 percent while the 15-year fixed-rate mortgage averaged 4.24 percent. 

The falling rates may be yet another lure to buyers during real estate’s traditionally prime home buying season. Owning a home has also recently been found to be more affordable than renting in 78 percent of the major U.S. cities, according to the latest data from Trulia. 

Mortgage applications, meanwhile, are increasing as interest rates continue to fall. Mortgage loan application volume increased 7.8 percent this week when compared to the week prior, according to the Mortgage Bankers Association. Refinancings hit the highest level since mid-December, increasing 13.2 percent over the prior week, while the purchase index for mortgage applications dropped 3.2 percent. 

Source: “Fixed-Rate Mortgages Hit a New Year-to-Date Low,” Freddie Mac (May 19, 2011) and“Mortgage Applications Grow Again on Home Refinancings,” HousingWire (May 18, 2011)

REALTOR® Magazine-Daily News-Mortgage Rates Reach Another Low for 2011

REALTOR® Magazine-Daily News-Mortgage Rates Reach Another Low for 2011