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 October 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

$825,000

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,750(+5.9%)

Key Takeaway

Homes in Brentwood have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Brentwood was $825,000 in October 2024, up 5.9% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $680K$687.5K
+1.1%
3 $705K$710K
+0.7%
4 $830K$857.5K
+3.3%
5+ $998K$1.0M
+6.6%

Summary: Brentwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Cities

Brentwood
+5.9%
East Contra Costa
+2.8%
Antioch
+1.6%
Oakley
+1.5%

Housing Supply in Brentwood, CA

How many homes are available in Brentwood, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
216222+2.8%

Summary: The Brentwood real estate market had 222 homes for sale in October 2024, a 2.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 4048
+20.0%
3 6160
-1.6%
4 7475
+1.4%
5+ 4139
-4.9%

Summary: The Brentwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 4.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4866+37.5%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

12 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 may be able to get a good deal. 47.5% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in Brentwood in October 2024, up by 37.5% month-over-month. Of the 59 sold homes, 47% 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

Oct 2023Oct 2024CHANGE
32 Days29 Days-8.3%

Summary: Homes in Brentwood had an average of 29 days on market in Oct 2024, down by 8.3% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 66 homes were sold in Brentwood; 62% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 2% 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 16 Days Ago

Newest Listings in Brentwood, CA

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