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West Penn Multi-List

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uuid00p4oue

Namestring
West Penn Multi-List
Legal namestring
West Penn Multi-List, Inc.
Websiteurl
westpennmls.com
Company typeenum
Private
Founded yearint
1979
Descriptiontext

West Penn Multi-List, Inc. (WPML) is a privately-held regional Multiple Listing Service (MLS) founded in 1979 and headquartered at 8980 Perry Highway in Pittsburgh, Pennsylvania. The company provides listing data, technology, and ancillary services to broker subscribers and their affiliated real estate agents across western Pennsylvania, serving 8,000+ member agents as of early 2026. Its core product is the Matrix web-based MLS platform, which is used for listing input, search, and management and is accessible via browser and the MLS Touch mobile application.

The business operates on a recurring subscription model. Broker subscribers and their agents pay MLS subscription fees for access to Matrix, IDX (Internet Data Exchange) display capabilities, and related tools; agent and office rosters, area code tables, and affiliate directories for home inspectors and radon testers round out the offering. WPML also facilitates access to Supra eKEY electronic lockbox services — offered in Basic ($14.82/month) and Professional ($24.03/month) tiers with a $50 activation fee — and integrates with third-party tools including zipForm Plus, ShowingTime, Clareity identity management, Realist, and OneHome. Free training classes for Matrix and Supra eKEY are delivered online via GoToMeeting.

WPML's go-to-market is sales-led through direct broker relationships, augmented by community-led training and technology support. Recent strategic activity has focused on partnerships and product collaboration rather than geographic or capital expansion: in February 2026 WPML partnered with FOREWARN to offer safety services to its 8,000+ agents, and in March–April 2026 it co-developed the HannaList early-access listing portal with Howard Hanna Real Estate Services, MLS Now, and Ocusell, with initial rollout in Greater Pittsburgh and Northeast Ohio. The organization is small (1–10 employees) and operates as an independent, member-driven MLS with no disclosed parent company, private equity backing, or external funding.

Short descriptiontext

West Penn Multi-List is a privately-held regional Multiple Listing Service founded in 1979 that provides listing data, the Matrix MLS platform, Supra eKEY lockbox access, and IDX services to broker subscribers and 8,000+ real estate agents across western Pennsylvania.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersPittsburgh, United States
HQ citystring
Pittsburgh
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
multiple listing service, real estate MLS, property listing platform, MLS subscription services, broker listing data
NAICS code2 codes
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services5182
  • Web Search Portals and All Other Information Services519290
SIC code1 code
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Multiple Listing Service (MLS)
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1MLS Subscription Fees
TypeSubscription Recurring
Description

West Penn Multi-List generates revenue through subscription fees charged to broker subscribers and their agents for access to multiple listing services, Matrix platform, and related technology services

westpennmls.com
2Supra eKEY Service Fees
TypeSubscription Recurring
Description

Monthly billing for Supra eKEY electronic key service - eKEY Basic at $14.82/month and eKEY Professional at $24.03/month, plus $50 activation fee for new service contracts. Supra directly bills subscribers via credit/debit card

westpennmls.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Pricing details3 tiers
1eKEY Basic - Entry-level electronic key service for lockboxes
ModelSubscriptionBilling cadenceMonthly
Notes

$14.82 per month. Includes basic eKEY functionality for opening Supra lockboxes with smartphone.

westpennmls.com
2eKEY Professional - Full-featured electronic key service with MLS data
ModelSubscriptionBilling cadenceMonthly
Notes

$24.03 per month. Includes eKEY functionality plus MLS data integration.

westpennmls.com
3New Service Activation
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

$50 activation fee for all new service contracts

westpennmls.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

West Penn Multi-List, Inc. (WPML) operates a multiple listing service (MLS) for real estate broker subscribers and their agents in the Pittsburgh and western Pennsylvania region. Its core offering is the Matrix web-based MLS platform for property listing input, search, and management, supplemented by Supra eKEY electronic lockbox services, SupraWEB lockbox inventory management, and IDX (Internet Data Exchange) for displaying listings on subscriber websites.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Serves 8,000+ member real estate agents
Product overview1 text field

West Penn Multi-List, Inc. is a Multiple Listing Service (MLS) provider serving broker subscribers and agents in the Pittsburgh and western Pennsylvania region. The core offering is the Matrix MLS platform for real estate listing input, search, and management. This platform is augmented by the Supra eKEY electronic lockbox access service and SupraWEB for lockbox inventory management online. The company also provides IDX (Internet Data Exchange) services enabling brokers to display listings on their websites. Free Matrix training classes are offered online and in-person at the WPML office.

Product and service5 records
1Matrix MLS Platform
CategoryCore MLS Platform
Description

Primary multiple listing service platform providing listing input, search, and management capabilities for real estate broker subscribers and their agents in western Pennsylvania.

2Supra eKEY
CategoryLockbox Access Service
Description

Electronic key service for opening Supra lockboxes via smartphone app, available to WPML agents in two service tiers.

3SupraWEB
CategoryLockbox Management Portal
Description

Web-based portal for Supra lockbox management and inventory tracking, allowing WPML agents to manage lockbox assignments online.

4IDX (Internet Data Exchange)
CategoryData Exchange Service
Description

Internet Data Exchange service that allows MLS subscribers to authorize display of their active listings on other subscribers' websites, with written consent and IDX agreement.

5Matrix Training Classes
CategoryTraining Services
Description

Free training programs covering Matrix platform usage, including basic/new user classes, advanced classes, and administrator training, offered online via GoToMeeting and as pre-recorded videos.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-12
Description

Howard Hanna partnered with West Penn Multi-List as an MLS partner for the HannaList early-access listing portal. West Penn Multi-List collaborated on developing the platform technology using Ocusell, designed to operate within NAR's Clear Cooperation Policy.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-12
Description

MLS Now partnered with West Penn Multi-List as an MLS partner for the HannaList platform development, working with Ocusell technology to create early-access listing capabilities.

3FOREARN
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-13
Description

FOREARN partnership enables West Penn Multi-List to offer FOREWARN safety services to its 8,000+ member real estate agents in Pittsburgh and western Pennsylvania. The partnership promotes proactive safety measures for real estate professionals in the region.

tipranks.com
Strategic tierMajorTypeTechnology or Integration
Description

Ocusell provided technology for the HannaList platform developed in collaboration with MLS partners including West Penn Multi-List and MLS Now.

Strategic tierCoreTypeTechnology or Integration
Description

Supra provides eKEY technology and lockbox systems used by West Penn Multi-List members. WPML facilitates eKEY applications and billing coordination, while Supra directly handles monthly billing and technical support.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

National real estate platform aggregating MLS data for consumer-facing search; broad incumbent competing for agent attention and lead generation rather than operating as an MLS.

TypeDirect peer
Description

One of the largest MLSs in the U.S., serving Mid-Atlantic brokers and agents with a Matrix-based listing platform, Supra lockboxes, and IDX. Directly comparable regional MLS franchise with similar product stack and subscription model.

TypeDirect peer
Description

Large Florida-based MLS providing listing data, Matrix platform access, and Supra lockbox services to a broad subscriber base. Closely comparable operating model and technology stack.

TypeDirect peer
Description

Regional MLS serving the Raleigh-Durham market with subscription-based listing services and broker/agent tools. Comparable regional franchise profile.

TypeDirect peer
Description

Largest MLS in California providing regional listing services, Matrix platform, and Supra lockbox access to broker/agent subscribers. Direct functional peer with national scale.

TypeEmerging player
Description

Showing management platform widely integrated with MLSs including WPML. Comparable only as a technology partner/integration within the same MLS technology ecosystem.

TypeDirect peer
Description

Kansas City-area regional MLS offering listing data, lockbox services, and IDX to brokers and agents. Same regional subscription-driven MLS model as WPML.

TypeOthers
Description

Largest independently owned real estate brokerage in the U.S., operating in Western PA and partner on the HannaList platform. Comparable buyer/customer side of MLS ecosystem; not a direct MLS competitor but a key counterparty.

TypeDirect peer
Description

Regional MLS covering Illinois and surrounding Midwest markets, offering Matrix-based MLS services, Supra integration, and broker/agent subscriptions. Same regional MLS archetype as WPML.

TypeDirect peer
Description

Regional MLS serving greater Boston and New England brokers and agents with listing data, IDX, and lockbox integration. Closely comparable regional subscription model.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration8 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

West Penn Multi-List

Multiple Listing Service (MLS)westpennmls.com

West Penn Multi-List is a privately-held regional Multiple Listing Service founded in 1979 that provides listing data, the Matrix MLS platform, Supra eKEY lockbox access, and IDX services to broker subscribers and 8,000+ real estate agents across western Pennsylvania.

What West Penn Multi-List does

West Penn Multi-List, Inc. (WPML) is a privately-held regional Multiple Listing Service (MLS) founded in 1979 and headquartered at 8980 Perry Highway in Pittsburgh, Pennsylvania. The company provides listing data, technology, and ancillary services to broker subscribers and their affiliated real estate agents across western Pennsylvania, serving 8,000+ member agents as of early 2026. Its core product is the Matrix web-based MLS platform, which is used for listing input, search, and management and is accessible via browser and the MLS Touch mobile application.

The business operates on a recurring subscription model. Broker subscribers and their agents pay MLS subscription fees for access to Matrix, IDX (Internet Data Exchange) display capabilities, and related tools; agent and office rosters, area code tables, and affiliate directories for home inspectors and radon testers round out the offering. WPML also facilitates access to Supra eKEY electronic lockbox services — offered in Basic ($14.82/month) and Professional ($24.03/month) tiers with a $50 activation fee — and integrates with third-party tools including zipForm Plus, ShowingTime, Clareity identity management, Realist, and OneHome. Free training classes for Matrix and Supra eKEY are delivered online via GoToMeeting.

WPML's go-to-market is sales-led through direct broker relationships, augmented by community-led training and technology support. Recent strategic activity has focused on partnerships and product collaboration rather than geographic or capital expansion: in February 2026 WPML partnered with FOREWARN to offer safety services to its 8,000+ agents, and in March–April 2026 it co-developed the HannaList early-access listing portal with Howard Hanna Real Estate Services, MLS Now, and Ocusell, with initial rollout in Greater Pittsburgh and Northeast Ohio. The organization is small (1–10 employees) and operates as an independent, member-driven MLS with no disclosed parent company, private equity backing, or external funding.

West Penn Multi-List firmographics

Firmographics
Name
West Penn Multi-List
Legal name
West Penn Multi-List, Inc.
Website
https://westpennmls.com
Company type
Private
Founded year
1979
Operating status
Operating
Headcount range
1–10 employees
Short description
West Penn Multi-List is a privately-held regional Multiple Listing Service founded in 1979 that provides listing data, the Matrix MLS platform, Supra eKEY lockbox access, and IDX services to broker subscribers and 8,000+ real estate agents across western Pennsylvania.
Ownership category
akta.pro rank

Where West Penn Multi-List is headquartered

Location

Headquarters

HQ city
Pittsburgh
HQ country
United States
HQ region
North America

Offices1 record

Markets served

West Penn Multi-List business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. MLS Subscription Fees: West Penn Multi-List generates revenue through subscription fees charged to broker subscribers and their agents for access to multiple listing services, Matrix platform, and related technology services
  2. Supra eKEY Service Fees: Monthly billing for Supra eKEY electronic key service - eKEY Basic at $14.82/month and eKEY Professional at $24.03/month, plus $50 activation fee for new service contracts. Supra directly bills subscribers via credit/debit card

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyeKEY Basic - Entry-level electronic key service for lockboxes
SubscriptionMonthlyeKEY Professional - Full-featured electronic key service with MLS data
One time/ perpetual licensePay-as-you-goNew Service Activation

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

West Penn Multi-List product offering

Product offering

Core offering

West Penn Multi-List, Inc. (WPML) operates a multiple listing service (MLS) for real estate broker subscribers and their agents in the Pittsburgh and western Pennsylvania region. Its core offering is the Matrix web-based MLS platform for property listing input, search, and management, supplemented by Supra eKEY electronic lockbox services, SupraWEB lockbox inventory management, and IDX (Internet Data Exchange) for displaying listings on subscriber websites.

Product overview

West Penn Multi-List, Inc. is a Multiple Listing Service (MLS) provider serving broker subscribers and agents in the Pittsburgh and western Pennsylvania region. The core offering is the Matrix MLS platform for real estate listing input, search, and management. This platform is augmented by the Supra eKEY electronic lockbox access service and SupraWEB for lockbox inventory management online. The company also provides IDX (Internet Data Exchange) services enabling brokers to display listings on their websites. Free Matrix training classes are offered online and in-person at the WPML office.

Differentiator

Problem solved

Functional benefit

Products and services

  • Matrix MLS Platform Primary multiple listing service platform providing listing input, search, and management capabilities for real estate broker subscribers and their agents in western Pennsylvania.
  • Supra eKEY Electronic key service for opening Supra lockboxes via smartphone app, available to WPML agents in two service tiers.
  • SupraWEB Web-based portal for Supra lockbox management and inventory tracking, allowing WPML agents to manage lockbox assignments online.
  • IDX (Internet Data Exchange) Internet Data Exchange service that allows MLS subscribers to authorize display of their active listings on other subscribers' websites, with written consent and IDX agreement.
  • Matrix Training Classes Free training programs covering Matrix platform usage, including basic/new user classes, advanced classes, and administrator training, offered online via GoToMeeting and as pre-recorded videos.

Quantifiable outcome

  • Serves 8,000+ member real estate agents

Companies that use West Penn Multi-List

Customer profile

Named customers3 records

Segments5 records

Ideal customer profiles3 records

West Penn Multi-List technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration8 records

Feature7 records

West Penn Multi-List partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and major.

  • Howard Hanna Real Estate ServicescoreStrategic or Co-development Partner · 12 March 2026Howard Hanna partnered with West Penn Multi-List as an MLS partner for the HannaList early-access listing portal. West Penn Multi-List collaborated on developing the platform technology using Ocusell, designed to operate within NAR's Clear Cooperation Policy.
  • MLS NowcoreStrategic or Co-development Partner · 12 March 2026MLS Now partnered with West Penn Multi-List as an MLS partner for the HannaList platform development, working with Ocusell technology to create early-access listing capabilities.
  • FOREARNcoreStrategic or Co-development Partner · 13 February 2026FOREARN partnership enables West Penn Multi-List to offer FOREWARN safety services to its 8,000+ member real estate agents in Pittsburgh and western Pennsylvania. The partnership promotes proactive safety measures for real estate professionals in the region.
  • OcusellmajorTechnology or IntegrationOcusell provided technology for the HannaList platform developed in collaboration with MLS partners including West Penn Multi-List and MLS Now.
  • SupracoreTechnology or IntegrationSupra provides eKEY technology and lockbox systems used by West Penn Multi-List members. WPML facilitates eKEY applications and billing coordination, while Supra directly handles monthly billing and technical support.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

West Penn Multi-List competitors and assessment

Company assessment

Broad incumbents

  • Zillow Group: National real estate platform aggregating MLS data for consumer-facing search; broad incumbent competing for agent attention and lead generation rather than operating as an MLS.

Direct peers

  • Bright MLS: One of the largest MLSs in the U.S., serving Mid-Atlantic brokers and agents with a Matrix-based listing platform, Supra lockboxes, and IDX. Directly comparable regional MLS franchise with similar product stack and subscription model.
  • Stellar MLS: Large Florida-based MLS providing listing data, Matrix platform access, and Supra lockbox services to a broad subscriber base. Closely comparable operating model and technology stack.
  • Triangle MLS: Regional MLS serving the Raleigh-Durham market with subscription-based listing services and broker/agent tools. Comparable regional franchise profile.
  • California Regional MLS (CRMLS): Largest MLS in California providing regional listing services, Matrix platform, and Supra lockbox access to broker/agent subscribers. Direct functional peer with national scale.
  • Heartland MLS: Kansas City-area regional MLS offering listing data, lockbox services, and IDX to brokers and agents. Same regional subscription-driven MLS model as WPML.
  • Midwest Real Estate Data (MRED): Regional MLS covering Illinois and surrounding Midwest markets, offering Matrix-based MLS services, Supra integration, and broker/agent subscriptions. Same regional MLS archetype as WPML.
  • MLS PIN (New England): Regional MLS serving greater Boston and New England brokers and agents with listing data, IDX, and lockbox integration. Closely comparable regional subscription model.

Emerging players

  • ShowingTime: Showing management platform widely integrated with MLSs including WPML. Comparable only as a technology partner/integration within the same MLS technology ecosystem.

Others

  • Howard Hanna Real Estate Services: Largest independently owned real estate brokerage in the U.S., operating in Western PA and partner on the HannaList platform. Comparable buyer/customer side of MLS ecosystem; not a direct MLS competitor but a key counterparty.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

West Penn Multi-List social profiles

Digital presence

West Penn Multi-List financial estimates

Financial estimate

Revenue estimate

Valuation estimate

West Penn Multi-List leadership team

Management profile

Number of profiles

West Penn Multi-List funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

West Penn Multi-List M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about West Penn Multi-List

What does West Penn Multi-List do?

West Penn Multi-List, Inc. (WPML) operates a multiple listing service (MLS) for real estate broker subscribers and their agents in the Pittsburgh and western Pennsylvania region. Its core offering is the Matrix web-based MLS platform for property listing input, search, and management, supplemented by Supra eKEY electronic lockbox services, SupraWEB lockbox inventory management, and IDX (Internet Data Exchange) for displaying listings on subscriber websites.

Is West Penn Multi-List a public or private company?

West Penn Multi-List is a private company. It is classified as unknown and is currently operating.

When was West Penn Multi-List founded?

West Penn Multi-List was founded in 1979. It employs 1 to 10 people.

Where is West Penn Multi-List based?

West Penn Multi-List is headquartered in Pittsburgh, United States, in the North America region.

How does West Penn Multi-List make money?

Two revenue lines are on record. MLS Subscription Fees are the primary driver. The others are supra eKEY Service Fees.

Who are West Penn Multi-List's main competitors?

Zillow Group is listed as a broad incumbent. Direct peers are Bright MLS, Stellar MLS, Triangle MLS, California Regional MLS (CRMLS), Heartland MLS, Midwest Real Estate Data (MRED) and MLS PIN (New England). ShowingTime is listed as an emerging player. Howard Hanna Real Estate Services is listed as an others.

Does West Penn Multi-List have an API?

No public API is recorded for West Penn Multi-List.

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Live signals
HousingWireHoward Hanna debuts HannaList with MLS aligned early accessHoward Hanna Real Estate Services is launching HannaList, an internal listing portal offering sellers early-access marketing before listings are broadly distributed, with an initial rollout in Northeast Ohio and Greater Pittsburgh beginning in early April 2026. The platform, developed with technology from Ocusell and in collaboration with MLS partners including MLS Now and West Penn Multi-List, is designed to operate within the National Association of Realtors' Clear Cooperation Policy while giving sellers more control over their listing launch strategy.GlobeNewswireFOREWARN to Provide Identity Verification Services to West Penn Multi-List, Inc. to Promote Agent SafetyFOREWARN announced that West Penn Multi-List will offer its identity verification services to its 8,000+ members in western Pennsylvania. The service, available online and via mobile app, analyzes data to verify identity and search criminal histories, with no additional cost to agents. Existing members will receive activation instructions.TipranksFOREWARN partners with West Penn Multi-ListFOREWARN announced a partnership with West Penn Multi-List, Inc., through which West Penn Multi-List will offer FOREWARN safety services to its 8,000+ member real estate agents in Pittsburgh and western Pennsylvania. The partnership is designed to promote proactive safety measures for real estate professionals in the region.PR NewswireWestern Pa. Real Estate Enjoys Top Sales Last YearWest Penn Multi-List, Inc. reported that residential real estate sales in Western Pennsylvania rose in 2019, with closed sales volume reaching over $6 billion and average prices increasing by 5.30 percent compared to the previous year. The report noted a slight decline in home listings while mortgage rates remained low, prompting concerns about future inventory supply meeting demand.PR NewswireHome Sales and Prices Rise in Western Pa.West Penn Multi-List, Inc. released its residential real estate report for January-September 2019, showing a 3.34 percent increase in closed sales (23,052 units) and a 7.85 percent rise in sales volume ($4.61 billion) compared to the same period in 2018. The average sales price climbed 4.36 percent to $199,860, while home listings dropped 11.93 percent to 28,691 units, indicating tightening inventory in the 17-county Western Pennsylvania service area. The president of West Penn Multi-List attributed the price increases to reduced housing supply, noting that first-time buyers remain positioned to enter the market given the sub-$200,000 average price.PR NewswireHome Sales Rise, Inventory Dips in Western Pa.West Penn Multi-List, Inc. released its monthly residential real estate report for January through August 2019, showing closed sales increased 3.13% to 20,394 units and sales volume rose 7.76% to over $4 billion compared to the same period in 2018. The average sales price also increased 4.49% to $199,941, while home listings declined 13.95% to 25,242 units. Tom Hosack, president of West Penn Multi-List, noted that low inventory is a national trend that could become more noticeable in the affordable Pittsburgh market, potentially leading to bidding wars.PR NewswireWest Penn Multi-List, Inc. Elects New PresidentWest Penn Multi-List, Inc., a multiple listing service provider covering 17 counties in western Pennsylvania, has elected Tom Hosack, president and CEO of Berkshire Hathaway HomeServices The Preferred Realty, as its president for a two-year term. Hosack brings extensive real estate industry experience, including his tenure as president and CEO of Northwood Realty Services, which acquired Berkshire Hathaway HomeServices The Preferred Realty in August 2018. The election also includes several board nominations from other major regional real estate firms including Howard Hanna Real Estate Services, Coldwell Banker Real Estate Services, and Freeman Realty.PR NewswireResidential Real Estate Shows GrowthWest Penn Multi-List, Inc. released its monthly residential real estate report showing improved market conditions in Western Pennsylvania for January-May 2019 compared to the same period in 2018. Closed sales increased 4.32 percent to 11,053 units, sales volume rose 5.76 percent to $2.09 billion, and the average sale price climbed 1.38 percent to $188,933. George Hackett, president of West Penn Multi-List, attributed the growth to Pittsburgh's evolving job market, revitalized urban neighborhoods, and affordability compared to larger cities.PR NewswireResidential Real Estate Prepares for Busy SeasonWest Penn Multi-List, Inc. released its monthly residential real estate report showing closed sales, sales volume, and home listings increased in January-February 2019 compared to the same period in 2018, with closed sales up 4.57 percent to 3,275 units and sales volume up 3.70 percent to $583.5 million. Home listings rose 4.24 percent to 5,069 units while average sale price dipped 0.82 percent to $178,180. Industry leaders expect increased competition and activity during the spring season, framing the current conditions as favorable for homebuyers due to rising inventory levels.PR NewswireHome Sales in Region RiseWest Penn Multi-List, Inc. reported that closed home sales in its 17-county Western Pennsylvania service area rose 2.77 percent year-over-year to 24,559 units during January-November 2018. Total sales volume increased 9.40 percent to approximately $4.76 billion, while the average sale price climbed 6.46 percent to $193,797, though home listings declined 2.28 percent to 31,611 units. The organization's president, George Hackett, noted that the slower winter season typically offers buyers advantages including less competition and more time for decision-making.