RE/MAX Accord's Market Report

Piedmont, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Piedmont, CA

Fri Apr 19 2019
This week the median list price for Piedmont, CA is $2,150,000 with the market action index hovering around 64. This is an increase over last month's market action index of 61. Inventory has held steady at or around 13. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Piedmont, CA

Fri Apr 19 2019
This week the median list price for Piedmont, CA is $2,150,000 with the market action index hovering around 64. This is an increase over last month's market action index of 61. Inventory has held steady at or around 13. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Piedmont market.
Median List Price $2,150,000
Per Square Foot $781
Days on Market 10
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 13
Median House Rent
Most Expensive $4,150,000
Least Expensive $1,388,000
Market Action Index
Strong Seller's Market
64

Despite this week’s down tic, price trends have generally been moving up lately. Prices are below the market’s high point, and so watch the Market Action Index as an indicator of how long this trend will last.

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
$3,550,000 4,792 6,500 - 8,000 sqft 4 4 98 0 1 16
$2,795,000 3,462 6,500 - 8,000 sqft 4 3 83 1 1 21
$2,049,000 3,068 6,500 - 8,000 sqft 4 3 89 1 2 7
$1,795,000 2,769 4,500 - 6,500 sqft 3 2 55 4 1 0