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Piedmont Homes Sold in August 2012

Thirteen homes sold in Piedmont during August, down a bit from the previous month and from the comparable period last year.

Thirteen Piedmont homes sold during August 2012, down from July, when escrow closed on 18 homes. Last year, in August 2011, 14 homes sold.

Listing prices ran the gamut, from $709,900 for an Olive Avenue home with three bedrooms and two-plus baths to $5.15 million for a five-bedroom home on Sea View Avenue. Sales prices ranged from $580,000 to $4.5 million.

Nearly half the homes — six — sold for more than the listing price, while seven sold for less. Two homes sold for less than $1 million, three for between $1 million and $1,499,000 million, six for between $1.5 million and $1,999,000, and two for $2 million or more.

While most of the homes sold within six weeks of coming on the market, two — at the low and high extremes of the price range — lingered for several months.

Bedrooms Baths List Price Sales Price Days on
Market  110 Olive Ave. 3 2+ $709,900 $580,000 72 1562 Oakland Ave. 2 2 $849,000 $880,800 39 123 Palm Ave. 3 2 $985,000 $1,150,000 13 105 Magnolia Ave. 4 3 $1,350,000 $1,360,000 12 1871 Trestle Glen Rd. 4 3+ $1,350,000 $1,505,000 7 306 Pacific Ave. 4 3+ $1,495,000 $1,525,713 11 337 Wildwood Ave. 3 2+ $1,500,000 $1,360,000 16 39 Estrella Ave. 4 2+ $1,800,000 $1,760,000 15 1601 Oakland Ave. 4 2+ $1,750,000 $1,624,555 10 2065 Oakland Ave. 4 3+ $1,850,000 $1,995,000 11 116 Lexford Rd. 5 3+ $1,995,000 $1,935,000 14 1 Sierra Ave. 4 4+ $2,595,000 $2,275,000 36 86 Sea View Ave. 5 6++ $5,150,000 $4,500,000 148

Property closing information was provided by Matt Heafey, Realtor at The GRUBB Co.

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