With 10.0 months of inventory, Piedmont is currently in a buyer's market. Home prices have increased 454.5% in the past month alone. At the current sales pace, it would take over 10.0 months to sell all available homes in Piedmont, indicating an oversupplied market. Homes are taking about 23 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Piedmont market with the affordability index at 487.8. Based on current market indicators, home prices in Piedmont are projected to decrease by approximately 5.1% over the next month.
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