Monthly market wrap MONTHLY MARKET WRAP Piedmont All home types · May 2026 Piedmont held steady in May: the key market signals were mixed. Median sale price $4.2M ▲ +54.2% vs Apr Time to pending 12d ▼ 1 day faster vs Apr Sold over asking 94% ▼ -6 pts vs Apr Active listings 14 ▲ +16.7% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Piedmont All home types · May 2026 Bidding wars are the norm in Piedmont: 94% of homes sold over asking. 132.4% average sale price vs. asking price Sold over asking 94% vs. a year ago +12 pts 127.0% 116.4% 105.9% Sold at asking price 132.4% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Piedmont All home types · May 2026 Piedmont homes are closing +32.4% above asking. The list price is the floor, not the ceiling. +$1.82M median sale price minus asking price Median asking price $2.38M Median sale price $4.2M $6.63M $4.64M $2.66M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Piedmont All home types · May 2026 Piedmont home values are climbing, up +51.4% in a year. $4.2M median sale price Year over year +51.4% Homes sold last month 16 $3.96M $3.18M $2.41M $4.2M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Piedmont All home types · May 2026 Piedmont homes are flying off the market in 12 days, 1 day faster than last year. 12 days median time to pending Gone within two weeks 67% vs. a year ago 1 day faster 67d 45d 22d 12d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Piedmont All home types · May 2026 Piedmont inventory is up 16.7% year over year, so sellers have more competition. 14 active listings Year over year +16.7% Months of supply 0.9 18 12 6 14 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Piedmont? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Piedmont All home types · May 2026 Price cuts are rare in Piedmont: just 14% of listings reduced their asking price. 14% of active listings cut their asking price vs. a year ago -2 pts Active listings 14 27% 20% 14% 14% Jun 2024 May 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Piedmont All home types · May 2026 67% of Piedmont homes went pending within two weeks. Priced-right listings do not wait. 67% of listings went pending within two weeks Median time to pending 12 days vs. a year ago -8 pts 74% 53% 31% Half of listings 67% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Piedmont All home types · May 2026 December is historically Piedmont's calmest month for buyers: 8.9 pts less over-asking than February. December historically the calmest month for buyers Buyer's edge vs February -8.9 pts Years of Redfin data 10+ Yearly average J F M A M J J A S O N D -3.6 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Piedmont All home types · May 2026 A Piedmont home bought in 2016 has gained +108% in value since. +108% median sale price growth since 2016 Median price in 2016 $2.02M Average gain per year +7.6% $3.09M $2.63M $2.16M $4.2M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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