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 March 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

$800,000

$362/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$15,000(-1.8%)

Key Takeaway

Homes in Brentwood have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Brentwood was $800,000 in March 2024, down 1.8% from last year, and the median price per square foot was $362.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $689.4K$680K
-1.4%
3 $705K$705K
0.0%
4 $868K$850K
-2.1%
5+ $1.0M$1.0M
+2.9%

Summary: Brentwood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Cities

Antioch
+1.7%
Oakley
+1.3%
East Contra Costa
-1.3%
Brentwood
-1.8%

Housing Supply in Brentwood, CA

How many homes are available in Brentwood, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
146166+13.7%

Summary: The Brentwood real estate market had 166 homes for sale in March 2024, a 13.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 4250
+19.0%
3 2734
+25.9%
4 5046
-8.0%
5+ 2736
+33.3%

Summary: The Brentwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4337-14.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

19 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. 51.4% of homes here sold above asking price last month.

Summary: A total of 37 homes were sold or pending in Brentwood in March 2024, down by 14.0% month-over-month. Of the 37 sold homes, 30% were sold under asking, 19% were sold at asking, and 51% 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

Mar 2023Mar 2024CHANGE
31 Days30 Days-1.0%

Summary: Homes in Brentwood had an average of 30 days on market in Mar 2024, down by 1% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 March 2024, 37 homes were sold in Brentwood; 73% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 8% 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 22 Days Ago

Newest Listings in Brentwood, CA

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