From Fairways to Front Doors: All Eyes on Pittsburgh

🏡 Real Estate Revelations

You know it’s a big week when real estate, golf, and tacos all crash into one newsletter.

Mortgage rates jumped. Listings hit a new high. Price drops are stacking fast — and the market’s finally catching up to buyer expectations. Whether you're on the hunt, prepping to list, or just tracking the shift, this is where timing, strategy, and pricing really matter.

Meanwhile, the U.S. Open returns to Oakmont, bringing 250,000+ fans to Pittsburgh and a projected $125M+ in economic impact. I’ve rounded up everything you need to know: where to eat, how to get around, what to expect, and who might be hoisting the trophy next Sunday.

If you're new here, I’m Pittsburgh’s Go-To Realtor, Expert in Luxury Homes & Strategic Real Estate Solutions, and someone who’s proud to combine small-town roots with big-city results. Over the years, I’ve sold millions of dollars worth of real estate, met some incredible people, and had the privilege of helping them buy and sell some truly amazing properties.

As always, I’ve got a standout listing, your full market snapshot, the local weekend lineup, and a bonus bite that'll keep you fueled between tee times or showings.

Let’s get into it. ⬇️

🏡 Standout Property: 2293 Country Club Drive, Upper St. Clair, PA

This isn’t just luxury — it’s craftsmanship dialed all the way up. Nestled near the St. Clair Country Club, this nearly 4,000 SF residence is the kind of home that stops showings mid-sentence. It’s that good.

🌟 Main-Floor Living That Actually Makes Sense
Owner’s suite, laundry, kitchen, dining, and office — all on the main level. No stairs required unless you want the steps on your Apple Watch.

🍳 A Kitchen That Could Host a Cooking Show
Vaulted ceilings with exposed timber beams, Cambria quartz counters, Amish-built cabinetry, and high-end appliances. It’s wide open to a sun-soaked gathering room with glass walls that spill light everywhere.

🛏️ A Primary Suite That Delivers
Vaulted ceilings, a walk-in closet that doesn’t need excuses, and a bathroom that feels like a spa retreat — no remodeling required.

🎮 Lower Level Game Room
Fully finished walk-out lower level with space to spread out, entertain, or turn into the ultimate movie night zone.

🚘 3-Car Garage + Manicured Grounds
Showstopper garage. Polished driveway. Meticulously landscaped curb appeal. You’ll feel the difference before you even open the door.

💰 Listed at $929,000
🔗 Take the full tour

📉 Market Snapshot – as of June 7, 2025

🏦 Mortgage Rates: Still Climbing

Rates crept higher again this week, keeping affordability tight across the board:

💡 Takeaway: With mortgage-backed securities weakening and rates trending up, buyers are feeling the pinch. Pre-approvals need to be updated, and sellers need to price accordingly.

🏘️ Local Market Snapshot – Week-over-Week (7-Day Window)

📉 Interpretation:
Inventory is rising, sellers are adjusting, and buyer activity is climbing — but slowly. The rise in price reductions and expireds tells the story: buyers are more cautious, and overpricing won’t fly right now.

💵 Sold Homes This Week (696 Total)

• Avg List Price: $322,266

• Avg Sold Price: $318,211

• SP/LP Ratio: 98.84%

• Median DOM: 23 days

📌 Note: Week-to-week average price shifts don’t necessarily reflect value changes — they’re driven by what types of homes closed. Instead, focus on SP/LP ratio and days on market to read the real temperature. And right now? Buyers are still paying near full price… as long as the home's priced right.

📉 What Price Reductions Tell Us:
We saw 683 price reductions this week — up nearly 15% from last week and more than double the number of price increases. That’s one of the clearest signs the market is coming back to reality.

Sellers who overshot the mark are adjusting fast. With rates close to 7%, buyers are budget-conscious and willing to wait — and the homes that aren’t priced competitively are sitting. The market is still moving, but only for the properties that come out swinging with a smart, strategic number from day one.

🌟 Weekend Radar: Boats, Beats & Bubble Gum Packs

Pittsburgh’s in full summer mode — and this weekend brings a little bit of everything: art, river racing, submarines, and snow cones. Let’s go.

🎨 Three Rivers Arts Festival
📍 June 5–8 | Strip District
It’s not summer in Pittsburgh without this one. 400+ artists, live music, installations, food vendors, and all the city energy you need. And yes — it’s 100% FREE.

🎈Family Fun Night at Settlers Cabin Park 
📍 June 6 | Cayuga Playground
Think bounce houses, snow cones, games, prizes — the whole nine. A perfect Friday evening if you’ve got kids (or just want to act like one).

🎵 Rockin’ Regatta
📍 June 7–8 | Pittsburgh Brewing Company
Boats, bands, and beer. This is the very first Rockin’ Regatta and they’re going big — with food, races, riverfront views, and live music. Come for the chaos, stay for the summer vibes.

🚗 Car Cruise at Hartwood Acres
📍 June 8
Classic cars, food trucks, and tunes from 3WS’s Mike Frazer. If you’re into chrome, engines, and nostalgia — this is your Sunday plan.

🎴 Topps Truck at Steel City Collectibles
📍 June 8 | Robinson
Calling all collectors: the Topps Truck is rolling into town. Free card packs, games, trivia, photo ops — a must for kids, collectors, and anyone who grew up trading bubble gum cards.

🌊 USS Requin In-Depth Tour
📍 June 8 | Carnegie Science Center
Climb aboard Pittsburgh’s resident submarine and get the behind-the-scenes tour you won’t get on a regular walk-through. Military buffs, history nerds, and submarine-curious — this one’s for you.

⛳️ U.S. Open Comes to Oakmont: What to Know Before the Madness Begins

Next week, the 124th U.S. Open Championship hits Oakmont Country Club, bringing one of golf’s most iconic tournaments to one of its most feared courses — and Pittsburgh is the center of it all.

🏌️ Historic, Hilly, and Infamous
This is Oakmont’s 10th time hosting the U.S. Open — more than any other course in the country. Known for its blisteringly fast greens, 210 bunkers, and brutal rough, Oakmont has humbled legends and crowned icons. It’s where Jack Nicklaus won his first major and where Johnny Miller shot a record-breaking 63.

📸 Get a full visual tour of the course via the Post-Gazette

📈 250,000+ Visitors | $125M+ Local Boost
This isn’t just a golf tournament — it’s an economic engine. The U.S. Open is projected to bring over 250,000 attendees throughout the week and inject $125M+ into the local economy, with hotels, restaurants, and shops buzzing across the region.

🚦 Traffic, Shuttles & Entry Rules

• No general admission parking onsite – fans will park at Monroeville Mall and take shuttle buses

• Expect heavy traffic in Oakmont, Plum, Penn Hills, and surrounding areas

• Clear bag policy and mobile tickets only

🛑 Get full traffic and parking details via WPXI

📘 View the Official U.S. Open 2025 Fan Guide here

🎟️ Want In?
Tournament rounds are nearly sold out, but practice rounds (June 10–12) still have availability and offer a more laid-back, up-close view of the players prepping for battle.

🏆 Who’s Got the Edge?

• Scottie Scheffler is the favorite with his clinical ball-striking

• Brooks Koepka always shows up in majors

• Rory McIlroy is chasing the pressure of a decade-long drought

• Fan dark horse? Don’t count out Wyndham Clark or Ludvig Åberg

Oakmont doesn’t play fair — and that’s why it’s the perfect stage.

Let me know if you want a downloadable version of this guide for your clients, guests, or social.

TL;DR – Your Pittsburgh Weekend Cheat Sheet

For when you're scrolling at red lights (not that you’d admit it)

⚡️ TL;DR – This Week at a Glance

• 🏡 New Listing: Nearly 4,000 SF of main-floor luxury in Upper St. Clair. Exposed beams, Cambria quartz, 3-car garage — it’s a stunner.

• 📉 Market Check: Rates jumped again. Price drops up 15%. The market is adjusting — fast.

• 📦 Inventory Surge: 835 new listings. 800 homes sold. Expireds and reductions rising. Strategy matters more than ever.

• 🎨 Events: Arts Festival, Rockin’ Regatta, USS Requin tours, card drops, classic cars — full summer energy.

• ⛳️ U.S. Open Preview: Oakmont takes center stage. 250K+ fans expected. $125M+ in local impact. It’s game time.

🍽️ Bonus Bite: Where to Eat During the U.S. Open (Oakmont Edition)

With 250,000+ visitors expected to pour into Pittsburgh for the 2025 U.S. Open at Oakmont Country Club, you can bet our local restaurants are teeing up something special. Whether you’re posted up near the course, heading out from a hotel, or catching the shuttle at Hartwood Acres — here’s your food game plan ⛳️🍴

Near Oakmont

• Pittsburgh Taco Boys – Scratch-made tacos, burritos, and quesadillas. Grab the braised pork shoulder or chicken thigh and thank us later. 🌮 Casual + tons of seating.

• Hoffstot’s Cafe Monaco – 50+ years strong. Classic Italian-American dishes like chicken parm, veal marsala, and fried calamari. 🍝 Cozy, old-school charm.

Between Oakmont & Hartwood Acres Shuttle

• Jillian’s Restaurant – Upscale, seasonal, chef-driven cuisine. The pork chop is a must. Reservations recommended. 👨‍🍳

• Taqueria El Pastorcito – Al pastor tacos off the trompo, birria, pozole, and crunch wraps. Weekend specials inspired by Puebla, Mexico. Vibrant + family-friendly.

• Off the Rails BBQ – Brisket, pork, mac & cheese, and weekend live music. A smoky, savory pit stop. 🔥

• Curbside on the Run – Daytime go-to for breakfast sandwiches, smoothies, and grab-and-go salads. Order online to skip the line.

• Nox’s Tavern & Grille – Steam-cooked burgers (yes, really) and classic bar bites. Casual and great for groups.

Near Fox Chapel, O’Hara, Shaler

• Jimmy Wan’s – Hand-made dumplings, regional Chinese dishes, and full sushi bar. Upscale but family-friendly.

• Local Provisions – Bistro fare with cocktails, a wine list, and a killer French dip. Includes a full local marketplace.

• Alta Via – House-made pasta, veggie-forward dishes, and a veal chop that’ll haunt your dreams. Two locations: O’Hara and Downtown.

• Mercurio’s – Award-winning Neapolitan pizza + gelato. Gluten-free crust that’s won international recognition.

• Three Brothers Bagels – Arguably Pittsburgh’s best bagels. Ideal pre-shuttle breakfast stop with spreads and sandwiches.

🔗 Read the full PG guide for even more picks: Post-Gazette Dining Guide

Thinking About Buying or Selling?

Let’s chat about how to navigate Pittsburgh’s real estate market. Whether you’re looking to buy, sell, or invest, I’m here to help. Hit reply, or schedule a consultation here: 15 Min Consultation

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Thanks for letting me be a part of your inbox this week! I hope you found these insights helpful, whether you're a curious Pittsburgher, a buyer, a seller, or an investor. As always, I’m here to answer any real estate questions or just chat about the market.

Wishing you a wonderful week ahead,
Tim

Tim Pettigrew
Realtor | eXp Realty
📍 Serving Pittsburgh and Surrounding Areas
📞 412-545-6006 | ✉️ [email protected]
🌐 Visit My Website

Disclaimer:
This email is intended for informational purposes only and is not intended to be a solicitation if your property is currently listed with another broker. All real estate information is deemed reliable but not guaranteed. Please consult a professional for specific advice.

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