Real Estate Market Update for Piedmont, CA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 58% from one year earlier, and up 14% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 2.2-million dollars. Compared to last year, the average number of days units spent on the market before being sold was down 7%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 2.3-million dollars. The number of units sold decreased 41% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. 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.
Show Transcript
Map Information for Piedmont, CA
Area Information for Piedmont, CA
  • Population: 10,902
  • Median Age: 45.4 yr
  • Median Commute Time: 21.4 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 6,499/sq mi
  • Population Change Since 2000: -.33%
  • Closest Airport: Metropolitan Oakland International
  • Closest College: Samuel Merritt University-oakland Campus
  • Closest Jr. College: Laney College
  • Median Household Income: $183,482
  • Annual Residential Turnover: 8.7%
  • Median Years in Residence: 5.95 yr
  • Median Home Sales Price: $1,350,000
  • Closest Major Sports Team: A's
  • Change Avg. Household Income Since 2000: 36%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Piedmont, CA
Median Age: 45.4 Married: 49% Number of Households: 3,906 Households with Children: 1,666
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Piedmont, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Crocker Highlands Elementary 0.1 mi Public K-5 5 5
      Glenview Elementary 0.4 mi Public K-5 4 4
      Brewer (edna) Middle School 0.5 mi Public 6-8 3 4
      East Bay Innovation Academy 0.6 mi Public 6-12 0 0
      Corpus Christi School 0.6 mi Catholic K-8 0 5
      The Renaissance School 0.7 mi Private PRESCHOOL-8 0 5
      Oakland Senior High School 0.7 mi Public 9-12 1 3
      Redwood Day School 0.8 mi Private K-8 0 5
      Sequoia Elementary 0.9 mi Public PRESCHOOL-5 3 5
      Wildwood Elementary 0.9 mi Public K-5 5 4
      Lakeshore Children's Center 0.9 mi Private PRESCHOOL-K 0 0
      Bella Vista Elementary 1.0 mi Public K-5 3 3
      Saint Jarlath School 1.0 mi Private K-8 0 4
      St Jarlath Catholic School 1.0 mi Catholic K-8 0 0
      Zion Lutheran 1.0 mi Private K-8 0 4
      Piedmont Middle School 1.0 mi Public 6-8 5 4
      Piedmont Preschool 1.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Piedmont Adult Education 1.1 mi Public - 0 0
      Piedmont High School 1.1 mi Public 9-12 4-5 5
      Millennium High (cont.) 1.1 mi Public 9-12 2 0
      Head Royce School 1.1 mi Private K-12 0 4
      Fruitvale Elementary School 1.1 mi Public K-5 1 4
      Lincoln Child Center 1.1 mi Private K-8 0 0
      Harte (bret) Middle School 1.2 mi Public 6-8 1 3
      Havens Elementary 1.2 mi Public K-5 5 5
      Fred Finch Avalon School 1.2 mi Private 6-12 0 0
      Growing Light Montessori 1.3 mi Private PRESCHOOL-2 0 5
      Bayhill High School 1.4 mi Private 9-12 0 5
      Miller (joaquin) Elementary 1.4 mi Public K-5 4-5 5
      Montera Middle School 1.4 mi Public 6-8 2-5 3
      Grand Lake Montessori 1.5 mi Private PRESCHOOL-K 0 4
      Beach Elementary 1.6 mi Public K-5 5 5
      Montclair Elementary 1.6 mi Public PRESCHOOL-5 5 5
      Applegarden Montessori School 1.8 mi Private PRESCHOOL-K 0 0
      St Theresa School 1.8 mi Catholic K-8 0 5
      Piedmont Avenue Elementary 1.9 mi Public K-5 2-5 4
      Saint Leo The Great School 1.9 mi Catholic PRESCHOOL-8 0 3
      St. Paul's Episcopal School 1.9 mi Private K-8 0 0
      Thornhill Elementary 2.0 mi Public K-5 5 5
      Holy Names High School 2.0 mi Catholic 9-12 0 4
      Aurora School 2.1 mi Private K-5 0 5
      Hillcrest Elementary 2.2 mi Public K-8 5 4
      Oakland Technical Senior High School 2.2 mi Public 9-12 2-5 3
      Far West (cont.) 2.3 mi Public 9-12 0 3
      Conservatory Of Vocal/instrumental Arts 2.5 mi Public K-8 4 4
      Rockridge Montessori School 2.5 mi Private PRESCHOOL-K 0 0
      College Preparatory, The 2.6 mi Private 9-12 0 4
      Little Elephant Montessori 2.9 mi Private PRESCHOOL-K 0 0
      Claremont Middle School 2.9 mi Public 6-8 1 4
      Chabot (anthony) Elementary 3.0 mi Public K-5 5 5
      Kaiser Elementary 3.0 mi Public K-5 3-5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Piedmont, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.