RE/MAX Accord's Market Report

Piedmont, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Piedmont, CA

Fri Sep 20 2019
This week the median list price for Piedmont, CA is $1,749,500 with the market action index hovering around 56. This is less than last month's market action index of 57. Inventory has held steady at or around 12. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Piedmont, CA

Fri Sep 20 2019
This week the median list price for Piedmont, CA is $1,749,500 with the market action index hovering around 56. This is less than last month's market action index of 57. Inventory has held steady at or around 12. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Piedmont market.
Median List Price $1,749,500
Per Square Foot $822
Days on Market 27
Price Decreased 8%
Price Increased 0%
Relisted 8%
Inventory 12
Median House Rent $4,000
Most Expensive $6,680,000
Least Expensive $995,000
Market Action Index
Strong Seller's Market
56

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
$3,950,000 3,425 0.25 - 0.5 acre 5 5 70 1 0 63
$1,995,000 2,454 4,500 - 6,500 sqft 4 3 92 1 0 42
$1,475,000 1,695 0 - 4,500 sqft 3 2 95 2 1 4
$1,195,000 1,382 4,500 - 6,500 sqft 3 2 94 3 0 0