Is Brentwood, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Brentwood was a Seller's Market.
Housing Prices in Brentwood, CA
How much do homes in Brentwood, CA cost?
Median Sold Price
$2,225,500
$912/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brentwood was $2,225,500 in April 2024, down 13.6% from last year, and the median price per square foot was $912.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $655K | $609.5K | -6.9% |
2 Bedrooms | $1.1M | $1.2M | +3.3% |
3 Bedrooms | $2.2M | $2.2M | +4.4% |
4 Bedrooms | $3.7M | $3.3M | -9.7% |
5+ Bedrooms | $7.0M | $6.6M | -5.0% |
Summary: Brentwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Neighborhoods
Carlos Heights | $4.4M | $4.0M | -9.1% |
Brentwood | $2.5M | $2.2M | -13.6% |
Pacific Palisades | $4.0M | $3.1M | -21.5% |
Housing Supply in Brentwood, CA
How many homes are available in Brentwood, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
154 | 176 | +14.3% |
Summary: The Brentwood real estate market had 176 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 24 | 35 | +45.8% |
3 Bedrooms | 38 | 40 | +5.3% |
4 Bedrooms | 33 | 37 | +12.1% |
5+ Bedrooms | 51 | 56 | +9.8% |
Summary: The Brentwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 45.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 9.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 25 | -32.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Brentwood in April 2024, down by 32.4% month-over-month. Of the 25 sold homes, 48% were sold under asking, 20% were sold at asking, and 32% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 36 Days | +5.8% |
Summary: Homes in Brentwood had an average of 36 days on market in Apr 2024, up by 5.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Brentwood; 64% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.