Is Brentwood, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brentwood is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Brentwood has remained a Seller's Market.

Key Takeaway

Brentwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brentwood, CA

How much do homes in Brentwood, CA cost?

Median Sold Price

$799,833

$367/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$7,268(+0.9%)

Key Takeaway

Homes in Brentwood have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Brentwood was $799,833 in June 2024, up 0.9% from last year, and the median price per square foot was $367.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $681.3K$705K
+3.5%
3 $700K$705K
+0.7%
4 $830K$849K
+2.3%
5+ $980K$1.0M
+7.6%

Summary: Brentwood housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Cities

Oakley
+5.1%
Antioch
+2.6%
East Contra Costa
+1.9%
Brentwood
+0.9%

Housing Supply in Brentwood, CA

How many homes are available in Brentwood, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
225231+2.7%

Summary: The Brentwood real estate market had 231 homes for sale in June 2024, a 2.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 4544
-2.2%
3 4748
+2.1%
4 8286
+4.9%
5+ 5153
+3.9%

Summary: The Brentwood housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 3.9%.

Number of Homes Sold

May 2024Jun 2024CHANGE
7058-17.1%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brentwood, you could pay more than the asking price. 46.4% of homes here sold above asking price last month.

Summary: A total of 58 homes were sold or pending in Brentwood in June 2024, down by 17.1% month-over-month. Of the 56 sold homes, 38% were sold under asking, 16% were sold at asking, and 46% were sold over asking.

Days on Market for Brentwood, CA

How long does it take to sell a home in Brentwood, CA?

Average Sale Time

Jun 2023Jun 2024CHANGE
30 Days21 Days-29.2%

Summary: Homes in Brentwood had an average of 21 days on market in Jun 2024, down by 29.2% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brentwood are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 58 homes were sold in Brentwood; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Brentwood, CA

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