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It’s a seller’s market in zip code 94611: Oakland and Piedmont CA
It’s a seller’s market in zip code 94611: Oakland and Piedmont CAEast of San Francisco, a short drive on the Bay Bridge, one will delight at finding cities that offer many amenities for homeowners. Oakland and Piedmont CA share zip code 94611 that is sought-after by buyers for several reasons.
Piedmont is one of the premier cities much-desired due to high academic performance indices, historical significance, architectural diversity and proximity to amenities that large hubs like San Francisco offer.
 
The Montclair area is part of Oakland that shares this zip code, noted for the same features, although homes in Montclair appear to be less expensive than in Piedmont.


Although both areas may have experienced a slight dip in home prices from the height of the market in the mid-2000s, the market appears to be rebounding. A view of recent activity for detached single homes since January 1, 2012 shows that sold properties were on the market for for an average of 50 days, while pending properties were on the market for an average of 28 days before going into contract.  When properties are on the market 3-6 months, this suggests a seller market.
InvestorWords.com define a seller’s ... more

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