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Piedmont Market Update - August 2025

Monthly Newsletter

Piedmont Market Update - August 2025

Your Trusted Piedmont Real Estate Team – Buy or Sell with Confidence

Thinking of buying or selling a home in Piedmont? At Calia Homes, we specialize in guiding East Bay clients through the unique Piedmont real estate market with care and confidence. Whether you're searching for your dream home on a quiet tree-lined street or preparing to sell a legacy property near Piedmont Park or Crocker Highlands, our experienced Piedmont Realtors provide trusted advice, deep local insight, and a people-first approach. With decades of experience and a reputation built on referrals, we’re here to help you make smart, successful real estate decisions in Piedmont and the surrounding East Bay communities.

Who’s Buying and Selling Homes— Understanding the Shifting Landscape The East Bay market is being reshaped by shifting demographics and changing priorities. Buyers want flexibility, connection, and long-term value. Sellers are weighing equity gains against rising rates, downsizing, and major life transitions. Navigating this landscape requires more than data—it requires insight and experience. Who’s Buying Now: Older, Intentional, and Values- Driven Today’s buyers are coming to the market with greater purpose and intentionality than ever before. Gone are the days of rushing to buy just to “get in.” Many are entering the market later in life, with a clearer understanding of what matters most to them—and how a home can support their lifestyle. According to 2024 data, the median age of U.S. homebuyers has risen to 56, and first-time buyers now average 38 years old¹—three years older than just last year¹. A notable shift that speaks volumes. What’s behind the change? Single women now make up 20% of all buyers¹, twice the number of single men. Married couples still represent a majority, but that number has dropped to 62%, down from 73% in the 1970s¹—a sign that household dynamics are evolving. A growing number of buyers are entering the market solo, later in life, or with a specific vision in mind—looking for homes that support not just where they live, but how they live. Many buyers are choosing homes that offer long-term versatility—spaces that can support caregiving roles, hybrid work, sustainability goals, or even rental income to offset rising costs. Flexibility has become a form of value. Why Younger Buyers Face a Steeper Climb Millennials and Gen Z are showing up with savings, pre-approvals, and big dreams—but they’re hitting walls that previous generations didn’t face. Consider the data: In the Oakland metro, just 30% of Millennials own homes, compared to 55% of Gen X and 62% of Boomers⁴ Nationwide, only 42% of Millennials had purchased a home by age 30⁵ In Oakland, homeownership among Millennials and Gen Z is just 11.7%, and median home prices now exceed $1.1 million⁶

 

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