RE/MAX Accord's Market Report

Piedmont, CA

Single-Family Homes

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Piedmont, CA

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Piedmont, CA

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Piedmont market.
Median List Price $2,337,500
Per Square Foot $697
Days on Market 42
Price Decreased 25%
Price Increased 0%
Relisted 8%
Inventory 12
Median House Rent
Most Expensive $4,200,000
Least Expensive $1,499,000
Market Action Index
Strong Seller's Market
59

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
$3,985,000 4,434 0.25 - 0.5 acre 4 4 0 1 1 95
$2,500,000 3,916 0.25 - 0.5 acre 4 4 82 1 1 28
$1,995,000 3,627 0.25 - 0.5 acre 4 3 62 1 1 11
$1,695,000 2,300 6,500 - 8,000 sqft 4 4 63 1 1 35