Welcome to December's Market Update. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was up 100% from one year earlier, and down 71% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was this much. Compared to last year, the average number of days units spent on the market before being sold was down 41%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 1.3-million dollars. The number of units sold decreased 20% year-over-year, and increased 60% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Piedmont, CA
Area Information for Piedmont, CA
Median Age:48.85 yr
Median Commute Time:25 mins
Population Density:6,554/sq mi
Population Change Since 2000:.1%
Closest Airport:Metropolitan Oakland International