Listings, Rates, Gaucho Grills & Pittsburgh’s Briniest Weekend Yet🥒 In a Bit of a Pickle? We’ve Got You.

🏡 Real Estate Revelations
July 11, 2025 Edition | Read Online

We took a short breather last week (because, let’s be honest, nobody’s reading market stats while holding a sparkler)… but we’re back, and things are getting briny.

This weekend, Pittsburgh’s in full pickle mode—Picklesburgh is taking over downtown, Southern Tier is throwing a block party, and the Vintage Grand Prix is still revving. Meanwhile, in the real estate world? Listings are holding strong, buyers are getting choosier, and rates are still dancing just under 7%.

Whether you're house hunting, hot dog grilling, or hoarding jars of artisanal pickle chips, this week’s edition is packed with the good stuff:
📉 Market insights
🏡 A Mt. Lebanon stunner
🎉 Weekend must-dos
🔥 And a Bonus Bite that brings the heat (literally—thanks, Gaucho)

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.

Let’s dig in.

🏡 Standout Property – 60 Longuevue Drive, Mt. Lebanon ($1,295,000)

This one checks all the boxes for me.

I’m a sucker for homes that feel one with nature, and 60 Longuevue Drive nails it. Nestled into one of Mt. Lebanon’s most iconic streets, this 5-bed, 4.5-bath stone Tudor is timeless on the inside—but it’s the outdoor space that absolutely steals the show.

Picture this:

• Resort-style pool with a cascading waterfall

• Surrounded by lush greenery on all sides

• Total privacy—like, you-could-skinny-dip-and-no-one-would-know kind of privacy

• Custom stone staircase winding through mature landscaping

• Built-in sprinkler system to keep it all thriving with no extra work

It’s obvious time and money were spent well here. And that intention carries inside, too: you get classic architectural details, a light-filled third floor with a treehouse feel, a hot tub just off the primary suite, and a fully fenced lot with a custom gate and finished walkout lower level.

🕛 Showings begin Thursday, July 10 at Noon
📍 See more details + photos »

This is the kind of property that lives like a retreat—and feels like home.

📊 Market Snapshot – Week of July 11, 2025

(+ A Look Back to July 2024)

While we skipped last week for the holiday, the market is still moving at a strong clip — and when we zoom out year-over-year, it tells an even more compelling story.

🏡 7-Day Residential Activity

• 🏷️ New Listings: 792

• 🔻 Price Reductions: 675

• 🔁 Back on Market: 113

• ✅ Sold: 521

• 📝 Contingent: 488

• 🔒 Under Contract: 240

• 💤 Expired Listings: 163

• ❌ Withdrawn: 86

🧾 Sold Property Breakdown

📉 Notable shifts year-over-year:

• Slight dip in average price, but median is up, showing resilience in the middle of the market.

• Homes are taking about a week longer to sell on average.

• SP/LP ratio holding firm = Sellers still have solid pricing power.

💸 Mortgage Rate Pulse

• 📈 30-Year Fixed: 6.82%

• 📊 Jumbo: 6.90% | FHA: 6.35% | VA: 6.37%

• 🧮 15-Year Fixed: 6.03% | 7/6 ARM: 6.32%

🗣️ Still the highest rates of the week (barely), but movement remains mostly sideways. With inventory up and competition a little calmer, buyers might find more flexibility now—and refinance later if/when rates ease.

🎉 Happening This Weekend in the 'Burgh

🎯 Weekend Radar – July 11–14

Picklesburgh 🥒
🗓️ July 11–13 | 📍 Downtown Pittsburgh
It’s finally here—Pittsburgh’s briniest bash is taking over the city! Picklesburgh is more than just pickles—it’s a full-blown celebration of everything pickled, from cocktails to cupcakes.
🧂 Voted USA Today’s #1 Specialty Food Festival 4 years running. Come hungry and curious.

Block Party @ Southern Tier Brewing 🎉
🗓️ July 12 | 📍 Southern Tier Brewing Company
They’re shutting down the street for this one. Expect grilled eats, local vendors, cold drinks, and a triple-decker live music lineup:

• 🎶 Cole Douglas Duo (1–3PM)

• 🎶 Evan Dean Band (4–6PM)

• 🎶 Corned Beef & Curry (7–10PM)
  It’s a no-brainer if you’re looking for a Saturday full of sunshine and sound.

Pittsburgh Comic Book Roadshow 🦸
🗓️ July 13 | 📍 Hampton Inn & Suites (Downtown)
Collectors, this one’s for you. The Roadshow is buying up pre-1980 comics, pre-1970 sports cards, vintage toys, video games, and more. Got treasure in the attic? Bring it.

Pittsburgh Vintage Grand Prix 🚗
🗓️ Through July 20 | 📍 Various Locations
Buckle up: PVGP is back for its 43rd year—a high-octane mix of classic cars, races on public roads, and charitable horsepower. Catch events across the city leading up to Race Weekend.

🍽️ Bonus Bite – Gaucho Parrilla Argentina 🔥

📍 Strip District
If you haven’t been to Gaucho Parrilla Argentina lately, you’re missing one of Pittsburgh’s best open-fire grilling experiences. Think wood-fired steaks, smoky chorizo, and veggies that slap harder than they have any right to.

✨ Pro tip: Sit upstairs if you can and don’t skip the chimichurri—it’s a lifestyle.

🧠 TL;DR – What You Really Need to Know

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

• Standout Listing: 60 Longuevue is a nature-wrapped Mt. Lebanon estate with a pool, privacy, and timeless Tudor charm. A true “live-like-a-retreat” property.

• Market Watch: Listings are steady, price reductions are up, but homes are still selling near asking. Median sale price is up vs. last year—buyers are just being choosier.

• Mortgage Rates: Still hovering near weekly highs (30-yr fixed at 6.82%), but not dramatically shifting. More stability = more opportunity.

• Weekend Picks: Picklesburgh, Southern Tier’s Block Party, classic cars at PVGP, and comic book collecting downtown.

• Bonus Bite: Gaucho Parrilla. Wood-fired everything. Chimichurri that could start a cult.📝 Recent Blog Posts You May Have Missed

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

P.S. Forward this email to a friend who might find these updates useful!

Need to know how much your home is worth? Enter in your information below 👇

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.

Unsubscribe:
Don’t want to receive these emails? No problem!