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

Median Sales Price
$1,795,000
Dec 2017 (YOY)
$2,357,500 Downtrend -31.3%

Nov 2018 (MOM)
$1,695,000 Uptrend 5.6%
Avg Cost Per Foot
$850
Dec 2017 (YOY)
$742 Uptrend 14.6%

Nov 2018 (MOM)
$740 Uptrend 14.9%
Dec 2018 Dec 2017 Nov 2018
Total Sales 4 8 Downtrend -50.0% 7 Downtrend -42.9%
Average Sold Price $2,206,000 $2,462,250 Downtrend -10.4% $1,914,857 Uptrend 15.2%
Median DOM 34.5 25.5 Uptrend 35.3% 12 Uptrend 187.5%
Avg Listing/Sales Ratio 107% 104% Uptrend 2.8% 112% Downtrend -4.2%
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
2018-12 $1,795,000 35 $850 106.89%
2018-11 $1,695,000 12 $740 111.54%
2018-10 $2,472,500 12 $864 110.99%
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%

Complete Residential Inventory

Detached

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 1 $989,000 $989,000 1,481 $667 $668
3 2 $1,172,000 $1,172,000 2,021 $577 $577
4 2 $2,439,000 $2,439,000 2,416 $974 $974
6 2 $3,372,500 $3,372,500 5,170 $656 $656
all 7 $1,488,000 $2,136,571 2,956 $667 $726
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
2 1 $989,000
3 2 $1,172,000
4 2 $2,439,000
6 2 $3,372,500
all 7 $1,488,000

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 $3,570,000 4,021 6 1954 1 2 Most Expensive 25% of properties
Upper/Second $2,241,500 3,565 5 1943 1 2 Upper-middle 25% of properties
Lower/Third $1,172,000 2,021 5 1939 1 2 Lower-middle 25% of properties
Bottom/Fourth $989,000 1,481 1 1924 1 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 $3,570,000 2
Upper/Second $2,241,500 2
Lower/Third $1,172,000 2
Bottom/Fourth $989,000 1
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Piedmont homes for sale

7

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