Is Brentwood, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brentwood has remained a Seller's Market.
Housing Prices in Brentwood, CA
How much do homes in Brentwood, CA cost?
Median Sold Price
$799,333
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Brentwood was $799,333 in May 2024, down 0.1% from last year, and the median price per square foot was $365.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $685K | $690K | +0.7% |
3 Bedrooms | $705K | $708.5K | 0.5% |
4 Bedrooms | $835K | $860K | +3.0% |
5+ Bedrooms | $980K | $1.0M | +7.8% |
Summary: Brentwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
Oakley | $656.5K | $685K | +4.3% |
Antioch | $604.6K | $620K | +2.5% |
East Contra Costa | $747.2K | $750K | 0.4% |
Brentwood | $800K | $799.3K | -0.1% |
Housing Supply in Brentwood, CA
How many homes are available in Brentwood, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
214 | 225 | +5.1% |
Summary: The Brentwood real estate market had 225 homes for sale in May 2024, a 5.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 55 | 46 | -16.4% |
3 Bedrooms | 46 | 50 | +8.7% |
4 Bedrooms | 73 | 79 | +8.2% |
5+ Bedrooms | 40 | 50 | +25.0% |
Summary: The Brentwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
78 | 68 | -12.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Brentwood in May 2024, down by 12.8% month-over-month. Of the 65 sold homes, 31% were sold under asking, 12% were sold at asking, and 57% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 16 Days | -43.4% |
Summary: Homes in Brentwood had an average of 16 days on market in May 2024, down by 43.4% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 68 homes were sold in Brentwood; 87% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.