Commercial Real Estate in Pittsburgh
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Reonomy attracts a large community of Pittsburgh commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
Pittsburgh commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Colorado||Pittsburgh|
|Average sold price||$1,082,211||$1,358,564||--|
|Median sold price||$198,823||$399,844||--|
|Number of sales||2,792,236||68,990||--|
|Number of sales over $250k||1,189,680||47,757||--|
|Number of sales over $1m||269,060||11,533||--|
|Number of sales over $10m||36,917||1,237||--|
|Average total tax amount||$7,139||$5,175||--|
|Average assessed value||$251,540||$60,235||--|
|Average market value||$356,178||$293,654||--|
Pittsburgh commercial real estate property averages
|Property averages||United States||Colorado||Pittsburgh|
|Average lot size||815,738 sf||1,644,069 sf||--|
|Median lot size||24,462 sf||42,495 sf||--|
|Average building area||1,078 sf||4,617 sf||--|
|Median building area||77 sf||137 sf||--|
|Median year built||1970||1981||--|
|Average number of units||16||15||--|
|Median number of units||2||2||--|
Pittsburgh commercial real estate total supply
|Number of parcels||58,466,290||883,400||--|
|Aggregate lot acerage||1,005,212,641||24,394,732||--|
|Aggregate building area||8,055,154,382 sf||645,448,968 sf||--|
Pittsburgh commercial real estate industrial mortgages
|Number of mortgages||41,919,085||709,204||--|
|Average value of mortgages||$5,197,153||$8,620,966||--|