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Market Pulse

Piedmont market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Sale price vs asking

SALE PRICE VS ASKINGPiedmontCondos · March 2022Bidding wars are the norm in Piedmont:100% of condos sold over asking.103.5%average sale price vs. asking priceSold over asking100%vs. a year agoN/A120.4%112.3%104.1%Sold at asking price103.5%Dec 2015Jun 2018Mar 2022Generated by ListingCopilot.ioSource: Redfin housing market data

The negotiation gap

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Median sale price

MEDIAN SALE PRICEPiedmontCondos · March 2022Where Piedmont condo values stand rightnow.$620Kmedian sale priceYear over yearN/AHomes sold last month1$886K$736K$585K$620KDec 2015Jun 2018Mar 2022Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLPiedmontCondos · March 2022Piedmont condos are flying off themarket in 2 days.2 daysmedian time to pendingGone within two weeks0%vs. a year agoN/A80d53d27d2dDec 2015Jun 2018Mar 2022Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSPiedmontCondos · June 2016Piedmont buyers have 1 active condos tochoose from.1active listingsYear over yearN/AMonths of supply1.0Generated by ListingCopilot.ioSource: Redfin housing market data

Price cuts

PRICE CUTSPiedmontCondos · June 20161 in 2 Piedmont listings cut its askingprice last month.100%of active listings cut their asking pricevs. a year agoN/AActive listings1Generated by ListingCopilot.ioSource: Redfin housing market data

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The two-speed market

THE TWO-SPEED MARKETPiedmontCondos · March 2022Only 0% of Piedmont condos went pendingwithin two weeks. Most listings aretaking their time.0%of listings went pending within two weeksMedian time to pending2 daysvs. a year agoN/A41%25%9%Half of listings0%Jun 2016Feb 2019Mar 2022Generated by ListingCopilot.ioSource: Redfin housing market data

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