Real Estate Market Update for Piedmont, CA
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 67% from one year earlier, and down 60% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. 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 up 21%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 2-million dollars. The number of units sold increased 25% year-over-year, and increased 11% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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: 11,027
  • Median Age: 48.85 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 6,554/sq mi
  • Population Change Since 2000: .1%
  • Closest Airport: Metropolitan Oakland International
  • Closest College: Samuel Merritt University-oakland Campus
  • Closest Jr. College: Laney College
  • Median Household Income: $170,851
  • Annual Residential Turnover: 9%
  • Median Home Sales Price: $1,938,000
  • Closest Major Sports Team: Golden State Warriors
  • Change Avg. Household Income Since 2000: 42.23%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Piedmont, CA
Median Age: 48.85 Married: 58% Number of Households: 3,923 Households with Children: 1,677
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 School Rating Parent Rating
      Crocker Highlands Elementary School 0.2 mi Public K-5 4 0
      Glenview Elementary School 0.4 mi Public K-5 4 0
      Edna Brewer Middle School 0.5 mi Public 6-8 3 0
      East Bay Innovation Academy 0.6 mi Public 6-12 0 0
      Corpus Christi Elementary School 0.6 mi Catholic K-8 0 0
      The Renaissance School 0.7 mi Private PRESCHOOL-8 0 0
      Oakland High School 0.7 mi Public 9-12 2 3
      Redwood Day School 0.8 mi Private K-8 0 0
      Sequoia Elementary School 0.9 mi Public PRESCHOOL-5 3 0
      Wildwood Elementary School 0.9 mi Public K-5 5 0
      Lakeshore Children's Center 0.9 mi Private PRESCHOOL-K 0 0
      Zion Lutheran School 0.9 mi Private K-8 0 0
      Bella Vista Elementary School 1.0 mi Public K-5 2 0
      St Jarlath Catholic School 1.0 mi Catholic K-8 0 0
      Saint Jarlath School 1.0 mi Private K-8 0 0
      Millennium High Alternative School 1.1 mi Public 9-12 2 3
      Piedmont Adult Education 1.1 mi Public - 0 0
      Piedmont High School 1.1 mi Public 9-12 5 4
      Piedmont Preschool 1.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      Piedmont Middle School 1.1 mi Public 6-8 5 0
      Head-royce School 1.1 mi Private K-12 0 0
      Fruitvale Elementary School 1.1 mi Public K-5 0 0
      Lincoln Child Center 1.1 mi Private K-8 0 0
      Bret Harte Middle School 1.2 mi Public 6-8 0 0
      Fred Finch-oakland Hills Academy 1.2 mi Private 6-12 0 0
      Havens Elementary School 1.2 mi Public K-5 5 0
      Growing Light Montessori School 1.3 mi Private PRESCHOOL-2 0 0
      Joaquin Miller Elementary School 1.4 mi Public K-5 4 0
      Montera Middle School 1.4 mi Public 6-8 3 0
      Grand Lake Montessori 1.5 mi Private PRESCHOOL-6 0 0
      Beach Elementary School 1.6 mi Public K-5 5 0
      Montclair Elementary School 1.6 mi Public PRESCHOOL-5 5 0
      Piedmont Avenue Elementary School 1.9 mi Public K-5 2 0
      St. Theresa School 1.9 mi Catholic K-8 0 0
      St. Leo The Great School 1.9 mi Catholic PRESCHOOL-8 0 0
      St. Paul's Episcopal School 2.0 mi Private K-8 0 0
      Thornhill Elementary School 2.0 mi Public K-5 5 0
      Holy Names High School 2.1 mi Catholic 9-12 0 0
      Aurora School 2.1 mi Private K-5 0 0
      Hillcrest Elementary School 2.2 mi Public K-8 5 0
      Oakland Technical High School 2.3 mi Public 9-12 4 3
      The College Preparatory School 2.3 mi Private 9-12 0 4
      Conservatory Of Vocal/instrumental Arts School 2.5 mi Public K-8 4 0
      Rockridge Montessori School 2.5 mi Private PRESCHOOL-K 0 0
      Little Elephant Montessori 2.9 mi Private PRESCHOOL-K 0 0
      Claremont Middle School 2.9 mi Public 6-8 2 4
      Chabot Elementary School 3.0 mi Public K-5 5 0
      Bentley 3.0 mi Private K-8 0 0
      Kaiser Elementary School 3.0 mi Public K-5 3 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Piedmont, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.