Intero's Market Report

Piedmont, CA

Single-Family Homes



Piedmont, CA

Wed Feb 28 2024
This week the median list price for Piedmont, CA is $2,230,000 with the market action index hovering around 59. This is less than last month's market action index of 66. Inventory has increased to 7. Click here to stay informed with the Piedmont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Piedmont, CA

Wed Feb 28 2024
This week the median list price for Piedmont, CA is $2,230,000 with the market action index hovering around 59. This is less than last month's market action index of 66. Inventory has increased to 7. Click here to stay informed with the Piedmont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Piedmont market.
Median List Price $2,230,000
Median Price of New Listings $2,230,000
Per Square Foot $1,023
Average Days on Market 63
Median Days on Market 7
Price Decreased 29%
Price Increased 0%
Relisted 14%
Inventory 7
Median Rent
Market Action 59
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$14,500,000 11,870 1 - 2.5 acres 8 9 98 0 0 301
$3,226,000 3,085 8,000 - 10,000 sqft 3 5 72 1 0 10
$2,212,500 2,441 4,500 - 6,500 sqft 3 3.5 89 1 1 3
$1,548,000 1,761 4,500 - 6,500 sqft 3 2 93 1 1 56