Let’s check in on the Brentwood  real estate market for November and compare to the previous month’s numbers.  Is it a buyers’ or a sellers’ market?  Has the median price gone up or down.  How are sales?
NOVEMBER BRENTWOOD SINGLE FAMILY MARKET REPORT |
|
|
# Homes |
List/Sales Price |
 For sale |
|
 62 |
$999,800 to $18,900,000 |
 Under contract |
|
 39 |
$1,033,100 to $18,900,000 |
 Sold |
|
 29 |
$790,000 to $9,300,000 |
 November sold median price |
|
|
$1,606,573 |
 For sale |
|
-6 |
 Under contract |
|
+3 |
 Sold |
|
+9 |
 Sold median price |
|
+7.03% |
Market history |
1 month |
3 months |
6 months |
12 months |
Closed transactions |
 24 |
65 |
144 |
251 |
Average sold per month |
24.00 |
21.67 |
24.00 |
20.92 |
Homes currently for sale |
 62 |
62 |
62 |
62 |
Months supply on the market |
 2.58 |
2.86 |
2.58 |
2.96 |
Brentwood single family home sales continue to gain ground in November up 9 over the previous month. The median price was up as were the number of pending sales. Inventory is still low and the Brentwood real estate market favors sellers.
Sellers Market |
Balanced Market |
Buyers’ Market |
Less than 5 months |
5 to 7 months |
More than 7 months |
NOVEMBER BRENTWOOD CONDO MARKET REPORT |
|
|
# Homes |
List/Sales Price |
 For sale |
|
 43 |
$369,000 to $2,400,000 |
 Under contract |
|
 27 |
$330,000 to $969,000 |
 Sold |
|
 16 |
$326,000 to $925,000 |
 October sold median price |
|
|
$525,000 |
 For sale |
|
+7 |
 Under contract |
|
-6 |
 Sold |
|
+5 |
 Sold median price |
|
-28.35% |
Market history |
1 month |
3 months |
6 months |
12 months |
Closed transactions |
19 |
41 |
88 |
166 |
Average sold per month |
19.00 |
13.67 |
14.67 |
13.83 |
Homes currently for sale |
 43 |
43 |
43 |
43 |
Months supply on the market |
 2.26 |
3.15 |
2.93 |
3.11 |
The Brentwood condo market favors to sellers.  November sales were up over the previous month but pending sales are are down.  Inventory is up over the previous month.
Previous market reports
Brentwood Real Estate Market Report October 2012
Brentwood 2rd Qtr Market Report 2012
Brentwood Real Estate Half-Year Market Report June 2012
Homes for sale in Brentwood
(sample listings)