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Piedmont Real Estate Prices And Market Stats

  • 17 Total For Sale
  • 7 New Listings

There are currently 17 properties for sale and Piedmont real estate prices are between $1,395,000 and $3,950,000. The median price for homes that are currently for sale is $2,695,000. Homes are selling for about $739 per square foot. If you are serious about buying a home, we highly recommend setting up a market watch notification so you don't miss out.

Median Price

$2,695,000

$1,395,000
Lowest Priced

$3,950,000
Highest Priced

Avg Price/SQFT

$739

$582
Lowest

$876
Highest

Avg DOM

24

Piedmont Real-Estate Price trends

The real estate price trend chart shows the median selling prices for homes over time. A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the "noise" from random short-term price fluctuations. Use this chart with the inventory chart to determine if prices for homes will be going up or down.

Piedmont Real-Estate Inventory - Monthly Active, Pending and Sold Activity

The real estate inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each month (pending) and sold each month. This chart is good at determining the supply and demand of properties. When trying to find trends in home prices, I look at the number of the new home listings and the current price trends.

Date Median Price DOM Avg $/sqft Sales Ratio
Feb/2019 $1,418,500 12 $733 115.53%
Jan/2019 $2,295,000 0 $825 96.00%
Dec/2018 $1,795,000 35 $850 106.89%
Nov/2018 $1,695,000 12 $740 111.54%
Oct/2018 $2,472,500 12 $864 110.99%
Sep/2018 $2,346,500 14 $860 113.31%
Aug/2018 $2,274,500 42 $844 103.72%
Jul/2018 $1,895,000 14 $804 115.58%
Jun/2018 $1,750,000 14 $830 103.47%
May/2018 $1,995,000 12 $811 112.95%
Apr/2018 $2,099,500 11 $963 114.30%
Mar/2018 $1,649,000 14 $872 113.62%
Feb/2018 $2,900,000 11 $831 125.15%

Piedmont Market Sales Rate (All Property Types)

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?" The market sales rate, or absorption rate is based on the total number of homes currently for sale, divided by the total sold in the same time period. When the 90 day trend line falls below the 20, Piedmont is in a "Buyers Market". When the 90 day trend is above 20, Piedmont is in a "Sellers Market". Currently, about 10 homes are sold per week in Piedmont, therefore it would take about 3.0 weeks to sell all the homes if no new homes come on the market.

Complete Residential Inventory

Below is all the properties currently for sale in Piedmont, sorted by number of bedrooms.

Detached - Single Family Homes

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
3 4 $1,545,000 $1,870,000 2,492 $796 $754
4 9 $2,695,000 $2,797,889 3,858 $769 $727
5 4 $3,191,500 $3,132,000 4,288 $783 $751
all 17 $2,695,000 $2,658,176 3,637 $781 $739

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 $3,612,500 4,356 23 1951 0 4 Most Expensive 25% of properties
Upper/Second $1,965,000 2,893 0 1940 0 3 Upper-middle 25% of properties
Lower/Third $1,630,000 2,096 23 1947 0 3 Lower-middle 25% of properties
Bottom/Fourth $1,250,000 1,841 12 1934 0 3 Least expensive 25% of properties
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Trang Dunlap

Intero Real Estate
[email protected] 888.422.9991

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