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Piedmont Real Estate Sales Data for All Home Types in Sep 2018

Median Sales Price
$2,346,500
Sep 2017 (YOY)
$2,549,500 Downtrend -8.7%

Aug 2018 (MOM)
$2,274,500 Uptrend 3.1%
Avg Cost Per Foot
$860
Sep 2017 (YOY)
$732 Uptrend 17.5%

Aug 2018 (MOM)
$844 Uptrend 1.9%
Sep 2018 Sep 2017 Aug 2018
Total Sales 4 6 Downtrend -33.3% 6 Downtrend -33.3%
Average Sold Price $2,295,750 $2,502,167 Downtrend -8.2% $2,806,000 Downtrend -18.2%
Median DOM 14 13 Uptrend 7.7% 41.5 Downtrend -66.3%
Avg Listing/Sales Ratio 113% 107% Uptrend 6.0% 104% Uptrend 9.2%
The charts below represent the current state of the real estate market in Piedmont. I created these charts to answer the question I hear a lot, "How is the real estate market in Piedmont".

Market Sales Rate (All Home Types)

The market sales rate, or absorption rate is based on the total number of homes for sale, divided by the total sold in the same time period. This chart shows whether we are in a "buyers Market" or "Sellers Market".

Market Price trends (All Home Types)

The market price trend chart shows the median selling prices over time.

All Home Types Market Activity - Monthly Active, Pending and Sold Activity

The market inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each montha and sold each month.
Date Median Price DOM Avg $/sqft Sales Ratio
2018-09 $2,346,500 14 $860 113.31%
2018-08 $2,274,500 42 $844 103.72%
2018-07 $1,895,000 14 $804 115.58%
2018-06 $1,750,000 14 $837 103.74%
2018-05 $1,995,000 12 $811 112.95%
2018-04 $2,099,500 11 $963 114.30%
2018-03 $1,649,000 14 $872 113.62%
2018-02 $2,900,000 11 $831 125.15%
2018-01 $2,300,000 34 $773 107.16%
2017-12 $2,357,500 26 $742 103.97%
2017-11 $1,675,000 12 $901 113.98%
2017-10 $1,745,000 13 $773 114.15%
2017-09 $2,549,500 13 $732 106.91%

Complete Residential Inventory

Detached

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
3 1 $1,695,000 $1,695,000 2,567 $660 $660
4 6 $1,845,000 $2,228,167 2,989 $773 $743
5 2 $2,940,000 $2,940,000 5,424 $537 $537
all 9 $1,995,000 $2,327,111 3,483 $660 $688
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
3 1 $1,695,000
4 6 $1,845,000
5 2 $2,940,000
all 9 $1,995,000

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built New Listings Total Listings
Top/First $3,600,000 4,731 165 1980 0 3 Most Expensive 25% of properties
Upper/Second $2,137,500 4,057 26 1957 0 2 Upper-middle 25% of properties
Lower/Third $1,695,000 2,087 20 1942 0 2 Lower-middle 25% of properties
Bottom/Fourth $1,597,000 2,434 51 1942 0 2 Least expensive 25% of properties
This is a condensed table. Please view this website on a larger screen to see full details
Quartile Median Price Total Listings
Top/First $3,600,000 3
Upper/Second $2,137,500 2
Lower/Third $1,695,000 2
Bottom/Fourth $1,597,000 2
Intero Real Estate Services, Inc.
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Piedmont homes for sale

9

0 New | 0 REO
0 Price Change | 0 Back on Market
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