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

Median Sales Price
$1,895,000
Jul 2017 (YOY)
$1,695,000 10.6%

Jun 2018 (MOM)
$1,750,000 7.7%
Avg Cost Per Foot
$804
Jul 2017 (YOY)
$811 -0.9%

Jun 2018 (MOM)
$837 -4.1%
Jul 2018 Jul 2017 Jun 2018
Total Sales 11 9 18.2% 20 -81.8%
Average Sold Price $2,097,273 $1,699,278 19.0% $2,039,800 2.7%
Median DOM 14 17 -21.4% 13.5 3.6%
Avg Listing/Sales Ratio 115% 109% 5.3% 102% 11.4%
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
2018-07 $1,895,000 14 $804 115.11%
2018-06 $1,750,000 14 $837 101.97%
2018-05 $1,995,000 12 $811 102.85%
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 $773 112.18%
2017-12 $2,357,500 26 $742 97.61%
2017-11 $1,675,000 12 $901 113.98%
2017-10 $1,745,000 13 $773 113.95%
2017-09 $2,549,500 13 $732 105.15%
2017-08 $1,526,500 13 $863 124.92%
2017-07 $1,695,000 17 $811 109.02%

Complete Residential Inventory

Detached

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
3 1 $1,998,000 $1,998,000 2,573 $776 $777
4 2 $1,997,000 $1,997,000 3,385 $605 $605
5 2 $2,647,500 $2,647,500 4,599 $582 $582
all 5 $1,998,000 $2,257,400 3,708 $597 $630
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
3 1 $1,998,000
4 2 $1,997,000
5 2 $2,647,500
all 5 $1,998,000

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 $3,047,500 5,415 97 1953 0 2 Most Expensive 25% of properties
Upper/Second $1,998,000 2,573 1 1954 1 1 Upper-middle 25% of properties
Lower/Third $1,695,000 2,838 2 1953 1 1 Lower-middle 25% of properties
Bottom/Fourth $1,499,000 2,300 26 1927 0 1 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 $3,047,500 2
Upper/Second $1,998,000 1
Lower/Third $1,695,000 1
Bottom/Fourth $1,499,000 1
Intero Real Estate Services, Inc.
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Piedmont homes for sale

5

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