Is Piedmont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$2,502,500
$981/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Piedmont was $2,502,500 in April 2024, down 4.4% from last year, and the median price per square foot was $981.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $490K | - | N/A |
2 Bedrooms | $1.2M | $1.2M | +7.5% |
3 Bedrooms | $2.1M | $2.1M | -1.2% |
4 Bedrooms | $2.8M | $2.7M | -3.3% |
5+ Bedrooms | $4.2M | $3.9M | -6.2% |
Summary: Piedmont housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 6.2%.
Median Sold Price Compared To Nearby Cities
Oakland | $901.6K | $871K | -3.4% |
Piedmont | $2.6M | $2.5M | -4.4% |
Housing Supply in Piedmont, CA
How many homes are available in Piedmont, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 39 | +62.5% |
Summary: The Piedmont real estate market had 39 homes for sale in April 2024, a 62.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 6 | 11 | +83.3% |
5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Piedmont housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 13 | +62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Piedmont in April 2024, up by 62.5% month-over-month. Of the 13 sold homes, 8% were sold under asking, 0% were sold at asking, and 92% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 12 Days | -23.5% |
Summary: Homes in Piedmont had an average of 12 days on market in Apr 2024, down by 23.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Piedmont; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.