RE/MAX Accord's Market Report

Piedmont, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Piedmont, CA

Wed Aug 12 2020
This week the median list price for Piedmont, CA is $3,485,000 with the market action index hovering around 82. This is an increase over last month's market action index of 78. Inventory has held steady at or around 9. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Piedmont, CA

Wed Aug 12 2020
This week the median list price for Piedmont, CA is $3,485,000 with the market action index hovering around 82. This is an increase over last month's market action index of 78. Inventory has held steady at or around 9. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Piedmont market.
Median List Price $3,485,000
Per Square Foot $937
Days on Market 30
Price Decreased 22%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent $3,975
Most Expensive $6,800,000
Least Expensive $1,995,000
Market Action 82
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$6,350,000 6,117 0.5 - 1 acre 5 5 80 0 0 45
$4,381,500 4,949 0.25 - 0.5 acre 5 5 86 1 1 10
$3,240,000 3,112 0.25 - 0.5 acre 4 4 72 0 1 42
$2,195,000 2,636 4,500 - 6,500 sqft 3 3 74 2 2 25