2006 Avg sold $/SF: $560.25, +1.1% over list price (prices rising)
2007 Avg sold $/SF: $567.69, +1.25% over list price (prices rising)
2008 Avg sold $/SF: $539.02, -3.3% below list price (prices falling)
2009 Avg sold $/SF: $481.18, -2.7% below list price (prices falling)
2010 Avg sold $/SF: $487.00, -0.4% below list price
2011 Avg sold $/SF: $473.70, +0.8% over list price
This looks like a 17% drop in average sales price since the peak in 2007. The prices may be falling still. The schools are superlative, as you know. There are a variety of homes in Piedmont, from older Tudors to ultra-modern. Many of the homes are mid-20th century or older. The lots are much smaller than in Atherton, where one acre+ lots are common.
I would be happy to provide you with the complete data set for the summary above. Please contact me for more information.
Both Rockridge and Piedmont offer a variety of architectural styles that should suit people who do not like the look of modern and tract homes. Another reason to love these areas.
How may I help?
Please e. Mail and I would be happy to speak with you .Current our inventory is very low. and you might very well. Prepared. Up to 300,000 over .This. Is. my neighborhood personally and professionally .
My. E mail Lorriefinkel@gmail.com .
We too moved here to town when our three boys were 5, 3 and 1. They are now 21, 19 and 17, and my youngest is just now starting to hear back from colleges! The time goes so quickly, and being in a town that you're comfortable in is a real gift. Best, Maureen Kennedy
The reason I can say this is that I am a full time working agent who lives in Piedmont .I grew up here and I raised my daughter here in Piedmont .My brother is here and we he moved up in space for the kids he bid in a high market ,overpaid for the house,was in a muliable bid situation.Interest rates were higher ,
Why purchase now ? Interest rates are the lowest in years, you will get more living space for the money ,homes are spread out more in certain area,and you do not have to compete with has many buyers .
The inventory was low for our slow season and is picking up everyday.
Piedmont is always making improvementts ,Past :underground wiring in almost all area of Piedmont.
Current: Sewer Laterral work.
For more Informstion : please contact me @LorrieFinkel@bhghome.com