Is Piedmont Pines, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Piedmont Pines is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Piedmont Pines has remained a Seller's Market.

Key Takeaway

Piedmont Pines is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Piedmont Pines, CA

How much do homes in Piedmont Pines, CA cost?

Median Sold Price

$1,312,500

$555/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$125,000(-8.7%)

Key Takeaway

Homes in Piedmont Pines have sold for 8.7% less than they did a month ago.

Summary: The median home sold price in Piedmont Pines was $1,312,500 in December 2024, down 8.7% from last month, and the median price per square foot was $555.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $952.5K$820K
-13.9%
3 $1.2M$1.3M
+7.1%
4 $1.8M$1.6M
-12.4%
5+ $2.6M-
N/A

Summary: Piedmont Pines housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes did not change.

Housing Supply in Piedmont Pines, CA

How many homes are available in Piedmont Pines, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1310-23.1%

Summary: The Piedmont Pines real estate market had 10 homes for sale in December 2024, a 23.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 33
0.0%
4 75
-28.6%
5+ 11
0.0%

Summary: The Piedmont Pines housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
660.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Piedmont Pines, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Piedmont Pines in December 2024, the same as the previous month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Piedmont Pines, CA

How long does it take to sell a home in Piedmont Pines, CA?

Average Sale Time

Nov 2024Dec 2024CHANGE
32 Days25 Days-21.9%

Summary: Homes in Piedmont Pines had an average of 25 days on market in Dec 2024, down by 21.9% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Piedmont Pines are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in Piedmont Pines; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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