Is Piedmont, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Piedmont is a seller's market


Difference Since August 2022

Since last year, Piedmont has remained a Seller's Market.

Key Takeaway

Piedmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Piedmont, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Piedmont have sold for 9.8% less than they did a year ago.

Summary: The median home sold price in Piedmont was $2,500,000 in August 2023, down 9.8% from last year, and the median price per square foot was $990.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 -$465K
2 $1.5M$1.2M
3 $2.0M$2.2M
4 $3.3M$2.6M
5+ $4.3M$3.4M

Summary: Piedmont housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 20.7%.

Median Sold Price Compared To Nearby Cities


Housing Supply

How many homes are available in Piedmont, CA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Piedmont real estate market had 24 homes for sale in August 2023, a 7.7% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 21
3 66
4 129
5+ 68

Summary: The Piedmont housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Piedmont, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Piedmont in August 2023, down by 53.8% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market

How long does it take to sell a home in Piedmont, CA?

Average Sale Time

Aug 2022Aug 2023CHANGE
22 Days26 Days+19.6%

Summary: Homes in Piedmont had an average of 26 days on market in Aug 2023, up by 19.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Piedmont are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 6 homes were sold in Piedmont; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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Nearby Markets

What housing markets are near Piedmont, CA?