August was the sixth consecutive month of double-digit sales for the Piedmont real estate market, though the median selling price—$1.29M—was the lowest since February. A majority of the homes sold last month went for below asking, also a first since February.
Other than one home that was sold in under a week without an open house, and another that idled for nearly seven months, the properties sold in August were on the market for 23 days on average. That roughly matches the pace of sales in July, but is somewhat slower than June when most of the properties sold found a buyer in under two weeks.
Bedrms Bathrms List Sell Marketed 302 Magnolia Ave 2 1.5 $635K $615K 17 days
61 Maxwelton Rd
3 2.5 $960K $750K 206 days 79 Oakmont Ave 3 2 $929K $840K 78 days 926 Kingston Ave 3 2 $775K $865K 14 days 406 El Cerrito Ave 2 1.5 $909K $1.1M 9 days 20 Blair Pl 3 2 $898K $1.02M 13 days 1116 Warfield Ave 4 3.5 $1.195M $1.275M 9 days 1131 Oakland Ave 4 2.5 $1.195M $1.3M 16 days 8 Park Wy 3 2.5 $1.395M $1.325M 36 days 33 Farragut Ave 3 3.5 $1.695M $1.36M 40 days 55 Crocker Ave 4 4.5 $1.65M $1.6M 12 days 64 Bellevue Ave 4 2.5 $1.75M $1.762M 6 days 630 Highland Ave 5 2.5 $2.1M $1.875M 24 days 90 Crocker Ave 5 5++ $3.45M $3.035M 30 days
__
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
Property closing information was provided by Matt Heafey, Realtor at The GRUBB Co.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
We’ve removed the ability to reply as we work to make improvements. Learn more here
