East Pittsburgh's real estate market is experiencing a price correction, with values down 45.9% from last year. Home prices have decreased 61.6% in the past month. With 5.0 months of supply, East Pittsburgh's inventory levels remain relatively tight. Sales volume is down 50% compared to seasonal expectations. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the East Pittsburgh market with the affordability index at 125.0. Based on current market indicators, home prices in East Pittsburgh are projected to increase by approximately 15.3% over the next month.
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