Is Brentwood, PA 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 November 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, PA

How much do homes in Brentwood, PA cost?

Median Sold Price

$188,400

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$13,400(+7.7%)

Key Takeaway

Homes in Brentwood have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Brentwood was $188,400 in November 2024, up 7.7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $139.1K$139.7K
0.4%
3 $185.9K$189.9K
+2.1%
4 $203.1K$212.1K
+4.5%
5+ $298K$214.9K
-27.9%

Summary: Brentwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 27.9%.

Median Sold Price Compared To Nearby Cities

Brentwood
+7.7%
Baldwin
+6.9%
Pittsburgh
+6.1%
Whitehall
-1.4%

Housing Supply in Brentwood, PA

How many homes are available in Brentwood, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5357+7.5%

Summary: The Brentwood real estate market had 57 homes for sale in November 2024, a 7.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 610
+66.7%
3 3433
-2.9%
4 1314
+7.7%
5+ 00
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 66.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Brentwood in November 2024, up by 233.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.

Days on Market for Brentwood, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days49 Days+52.0%

Summary: Homes in Brentwood had an average of 49 days on market in Nov 2024, up by 52% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 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, 10 homes were sold in Brentwood; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

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