Yes, Lesley there are a lot of homes selling in Penn Hills at that price range and I feel it's an excellent place to live. Here are some reasons for the excessive amounts. If you look at the entire Penn Hills area it has a lot of homes. These homes for the most part are very similar in sqft, so the prices are going to be similar. Another reason is lets face it it's an older neighborhood demographically. And we are seeing close in age like minded individuals ready to move on.
Right now it's a very competitive market there. Homes need to be show ready (more than just clean and tidy.) Are homes selling their, yes. Will your home sell there, possibly. If you're thinking about selling your home their, I'd be happy to help show you what it's going to take, how long it will be on the market for and what you can expect to walk away with when sold. Feel free to email me direct or stop by my website. Hope this helps.