Welcome to October's Market Update. Lets take a look at residential real-estate activity in your area during the month of September. The number of active listings was up 9% from one year earlier, and up 20% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 2.6-million dollars. Compared to last year, the average number of days units spent on the market before being sold did not change reflecting virtually no change in the local inventory-turnover rate. The median sale price was just under 2.6-million dollars. The number of units sold decreased 45% year-over-year, and decreased 40% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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:49.23 yr
Median Commute Time:25 mins
Population Density:6,562/sq mi
Population Change Since 2000:.23%
Closest Airport:Metropolitan Oakland International