Brentwood Third Quarter Market Report 2012

It is the 3rd Qtr of 2012.  Let’s see how Brentwood real estate is doing compared with the same period last year.

Single family homes

Sold:  184 an increase of 41 homes over the same period last year.

Median price:  $1,787,742, basically no change from last year.

Under contract:  40

With 89 homes currently active, and based on the past six months, an average of 23.33 homes sold a month, it will take 3.81 months to sell the existing inventory, making it a strong market for Brentwood home sellers.

Condos

Sold:  126 exactly equal to the same period last year.

Median price:  $587,250, a 2.13% drop over last year.

Under contract:  28

There are 39 active listings.  With an average of 15.67 condos sold per month over the past 6 months, it will take 2.5 monts to sell the existing inventory.  The Brentwood condo market is also favoring sellers.

Overall the Brentwood real estate market has not changed from last year.

Homes for sale in Brentwood

 

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