Is Brentwood Villa, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brentwood Villa is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Brentwood Villa, TN

How much do homes in Brentwood Villa, TN cost?

Median Sold Price

$396,250

$191/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$750(-0.2%)

Key Takeaway

The sold price of homes in Brentwood Villa has remained the same since last month.

Summary: The median home sold price in Brentwood Villa was $396,250 in April 2024, down 0.2% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $397K$385K
-3.0%
3 -$407.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Brentwood Villa housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Brentwood Villa, TN

How many homes are available in Brentwood Villa, TN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
440.0%

Summary: The Brentwood Villa real estate market had 4 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Brentwood Villa 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brentwood Villa, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Brentwood Villa in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Brentwood Villa, TN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
73 Days49 Days-32.2%

Summary: Homes in Brentwood Villa had an average of 49 days on market in Apr 2024, down by 32.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brentwood Villa has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Brentwood Villa; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 3 Days Ago

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