RE/MAX Accord's Market Report

Piedmont, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Current active inventory in Piedmont, CA is very low. Keep this in mind when looking at this report.

Piedmont, CA

Sat Dec 15 2018
This week the median list price for Piedmont, CA is $1,785,000 with the market action index hovering around 62. This is an increase over last month's market action index of 54. Inventory has held steady at or around 2. Click here to stay informed with the Piedmont market!

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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Piedmont, CA

Sat Dec 15 2018
This week the median list price for Piedmont, CA is $1,785,000 with the market action index hovering around 62. This is an increase over last month's market action index of 54. Inventory has held steady at or around 2. Click here to stay informed with the Piedmont market!

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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Piedmont market.
Median List Price $1,785,000
Per Square Foot $678
Days on Market 24
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median House Rent
Most Expensive $2,195,000
Least Expensive $1,375,000
Market Action Index
Strong Seller's Market
62

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$1,785,000 2,639 6,500 - 8,000 sqft 4 3 67 0 5 24
$2,195,000 3,279 0 - 4,500 sqft 4 3 94 0 1 35
$1,375,000 2,000 0.25 - 0.5 acre 4 4 40 0 1 14