Brentwood Real Estate Market | August 2012

Let’s check in on the Brentwood real estate market and see what sales have done from August 2011 to August 2012.

All information provided by MLS/CLAW is deemed accurate but is not guaranteed. 

Single Family

Month Sold Median For Sale Median Difference
List vs Sold
New
on Market

 Months Supply
of Inventory

 Aug-12 24 $2,512,500 119 $2,395,000 $117,000 30 3.8
 Jul-12 23 $1,720,000 136 $2,295,000 -$575,000 30 3.4
 Jun-12 28 $1,650,000 153 $2,475,000 -$825,000 25 3.5
 May-12 15 $1,838,000 168 $2,237,500 -$399,500 39 5.8
 Apr-12 25 $1,565,000 163 $2,100,000 -$535,000 44 6.8
 Mar-12 18 $1,682,500 154 $2,049,000 -$366,500 32 7.4
 Feb-12 12 $2,187,500 155 $1,895,000 -$292,500 34 5.3
 Jan-12 8 $1,900,000 150 $1,972,500 -$72,500 38 6.7
 Dec-11 9 $2,020,000 142 $1,997,000 $23,000 10 16.0
 Nov-11 17 $1,600,000 157 $2,095,000 -$495,000 26 9.4
 Oct-11 16 $1,742,500 164 $2,042,000  -$299,500 23 10.9
 Sep-11 15 $1,650,000 170 $1,995,000 -$345,000 42 12.8
 Aug-11 14 $1,975,000 173 $1,995,000 -$20,000 33 6.1

Brentwood single family homes median sold price is up 27%  and median sales price up 20% from August 2011.
The number of sold properties is up 71%
The months supply of inventory is down 38% to 3.8 months.  A strong sellers’ market

Condos

Month Sold Median For Sale Median Difference
List vs Sold
New
on Market

 Months Supply
of Inventory

 Aug-12 17 $665,000 65 $699,000 -$34,000 15 3.1
 Jul-12 15 $600,000 75 $729,000 $42,000 19 2.9
 Jun-12 12 $700,000 75 $658,000 -$71,750 11 4.7
 May-12 16 $608,250 91 $680,000 -$169,000 34 3.2
 Apr-12 15 $530,000 81 $699,000 $143,000 17 4.8
 Mar-12 10 $842,000 93 $699,000 -$144,000 17 3.8
 Feb-12 5 $585,000 91 $729,000 -$192,461 22 8.4
 Jan-12 6 $517,014 86 $709,475 -$184,000 27 11.5
 Dec-11 9 $515,000 82 $699,000 -$119,500 4 7.4
 Nov-11 9 $515,000 92 $634,500 -$495,000 12 11.1
 Oct-11 10 $514,500 97 $619,000  -$299,500 10 11.4
 Sep-11 14 $577,500 108 $624,000 -$345,000 24 8.7
 Aug-11 10 $617,500 103 $585,000 -$20,000 20 6.0

Brentwood condos median sold price is up 8% and the for sale median is up 19% over August 2011.
The number of sold properties is up 70%.
The months supply of inventory is down 49% to 3.01 months making it a sellers’ market.

Homes for sale in Brentwood

 

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