Is Brentwood, DC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brentwood is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Brentwood was a Buyer's Market.

Key Takeaway

Brentwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brentwood, DC

How much do homes in Brentwood, DC cost?

Median Sold Price

$425,000

$434/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$10,000(-2.3%)

Key Takeaway

Homes in Brentwood have sold for 2.3% less than they did a month ago.

Summary: The median home sold price in Brentwood was $425,000 in November 2024, down 2.3% from last month, and the median price per square foot was $434.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $435K$425K
-2.3%
3 -$527.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Brentwood housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Brentwood, DC

How many homes are available in Brentwood, DC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1618+12.5%

Summary: The Brentwood real estate market had 18 homes for sale in November 2024, a 12.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 67
+16.7%
4 11
0.0%
5+ 11
0.0%

Summary: The Brentwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brentwood, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Brentwood in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Brentwood, DC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
22 Days28 Days+30.3%

Summary: Homes in Brentwood had an average of 28 days on market in Nov 2024, up by 30.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 3 homes were sold in Brentwood; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

Newest Listings in Brentwood, DC

Nearby Markets to Brentwood, DC

Popular Cities with Homes for Sale in District of Columbia