Is Brentwood, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Brentwood has remained a Seller's Market.
Housing Prices in Brentwood, MO
How much do homes in Brentwood, MO cost?
Median Sold Price
$255,875
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brentwood was $255,875 in March 2024, up 4% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163K | $188K | +15.3% |
2 Bedrooms | $220K | $225K | +2.3% |
3 Bedrooms | $310K | $353K | +13.9% |
4 Bedrooms | $679.5K | $830K | +22.1% |
5+ Bedrooms | $835K | $895K | +7.2% |
Summary: Brentwood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Cities
Clayton Township | $363.6K | $489.7K | +34.7% |
Brentwood | $246K | $255.8K | +4.0% |
Rock Hill | $285K | $290K | +1.8% |
Richmond Heights | $360K | $357.9K | -0.6% |
Maplewood | $283.5K | $270.8K | -4.5% |
Housing Supply in Brentwood, MO
How many homes are available in Brentwood, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 51 | +34.2% |
Summary: The Brentwood real estate market had 51 homes for sale in March 2024, a 34.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 23 | 31 | +34.8% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Brentwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Brentwood in March 2024, up by 60.0% month-over-month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.
Days on Market for Brentwood, MO
How long does it take to sell a home in Brentwood, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 33 Days | +27.2% |
Summary: Homes in Brentwood had an average of 33 days on market in Mar 2024, up by 27.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Brentwood; 56% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.