RE/MAX Accord's Market Report

Piedmont, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Piedmont, CA

Sun Oct 25 2020
This week the median list price for Piedmont, CA is $2,835,000 with the market action index hovering around 76. This is an increase over last month's market action index of 75. Inventory has held steady at or around 10. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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

Sun Oct 25 2020
This week the median list price for Piedmont, CA is $2,835,000 with the market action index hovering around 76. This is an increase over last month's market action index of 75. Inventory has held steady at or around 10. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $2,835,000
Per Square Foot $860
Days on Market 26
Price Decreased 30%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent $4,775
Most Expensive $6,850,000
Least Expensive $1,849,000
Market Action 76
Strong Seller's Market

The market seems to have paused around this plateau. 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
$6,550,000 6,694 0.25 - 0.5 acre 6 4 87 0 0 38
$3,639,000 5,521 0.25 - 0.5 acre 6 3 102 1 1 10
$2,395,000 3,415 8,000 - 10,000 sqft 4 4 93 0 1 51
$1,995,000 2,165 4,500 - 6,500 sqft 3 2 100 2 2 2