Bethel Park's real estate market is experiencing a price correction, with values down 17.0% from last year. Home prices have increased 30.5% in the past month alone. At the current pace, all available homes in Bethel Park would sell out in just 1.0 months, indicating a continued supply shortage. Properties are selling within just 15 days on average, much faster than the historical norm of 37 days. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Bethel Park market with the affordability index at 52.1. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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