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Pine Township Ranks No. 6 in Listing of 2011 Home Sales in Pittsburgh Region

The Pittsburgh Business Times compiled the information based on RealSTATS listing of total dollar volume.

Pine Township ranks No. 6 in a listing of top 10 communities in the region by 2011 home sales, according to the Pittsburgh Business Times.

The numbers were based on figures from RealSTATS' listing of total dollar volume. Pine had a total dollar volume of $84,134,651.

Cranberry was ranked No.1 in the region and neighboring Adams Township came in at No. 2.

RealSTATS also named Adams the region’s strongest residential community. The South Side-based research firm dubbed Adams as the overall winner as its Gold Medal Community, based on the sales performance of the homes within it.

According to the Pittsburgh Business Times, Adams had the greatest increase in investment and the number of home sales from 2000 to 2011. It’s total dollar volume in 2011 was $123,676,618.

The silver medal community was the second ward of the city of Pittsburgh. The third place bronze went to Peters Township in Washington County.

Here’s a list of the top 10 communities in the region by 2011 home sales, courtesy of the Pittsburgh Business Times. Be sure to tell us what you think about the rankings in the comment section below.

10. Franklin Park Borough—$68,401,622

9. Moon Township—$70,506,722

8. Upper St. Clair—$72,341,000

7. McCandless—$73,860,714

6. Pine Township—$84,134,651

5. Mt. Lebanon—$114,102,574

4. 14th Ward, Pittsburgh—$123,350,719

3. Peters Township—$123,554,552

2. Adams Township—$123,676,618

1. Cranberry Township—$159,565,810

RealSTATS uses a point system to come up with the list. The formula uses the average home price in 2011 and a host of other measures of growth for the region’s housing market from 2000 to 2011, according to the Pittsburgh Business Times.

 

 


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