Is Piedmont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Piedmont has remained a Seller's Market.
Housing Prices in Piedmont, CA
How much do homes in Piedmont, CA cost?
Median Sold Price
$2,450,000
$992/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Piedmont was $2,450,000 in June 2024, down 5.2% from last year, and the median price per square foot was $992.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $490K | - | N/A |
2 Bedrooms | $1.1M | $1.3M | +13.0% |
3 Bedrooms | $1.9M | $2.1M | +5.3% |
4 Bedrooms | $2.9M | $2.5M | -14.5% |
5+ Bedrooms | $4.0M | $3.7M | -7.5% |
Summary: Piedmont housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
Oakland | $865.4K | $878.6K | +1.5% |
Piedmont | $2.5M | $2.4M | -5.2% |
Housing Supply in Piedmont, CA
How many homes are available in Piedmont, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
32 | 28 | -12.5% |
Summary: The Piedmont real estate market had 28 homes for sale in June 2024, a 12.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Piedmont housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Piedmont in June 2024, down by 15.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 0% were sold at asking, and 82% were sold over asking.
Days on Market for Piedmont, CA
How long does it take to sell a home in Piedmont, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 15 Days | -42.3% |
Summary: Homes in Piedmont had an average of 15 days on market in Jun 2024, down by 42.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 11 homes were sold in Piedmont; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.