$3,475,000
5,574 SqFt
5 Beds
•4 Full Baths, 2 Partial
Eric Aristizabal w/ The Trainer Group, Listing Office: SimpliHOM
Is Brentwood, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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, TN
How much do homes in Brentwood, TN cost?
Median Sold Price
$1,109,201
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$109,201(+10.9%)
Key Takeaway
Homes in Brentwood have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Brentwood was $1,109,201 in November 2024, up 10.9% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265.2K | $275K | +3.7% |
| 2 Bedrooms | $421.9K | $407.9K | -3.3% |
| 3 Bedrooms | $557.2K | $610.9K | +9.6% |
| 4 Bedrooms | $992K | $1.1M | +10.9% |
| 5+ Bedrooms | $1.8M | $1.9M | +6.2% |
Summary: Brentwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
| Brentwood | $1.0M | $1.1M | +10.9% |
| Nolensville | $729.2K | $787.9K | +8.0% |
| Franklin | $846.8K | $898K | +6.1% |
| Nashville | $511.9K | $531.2K | +3.8% |
Housing Supply in Brentwood, TN
How many homes are available in Brentwood, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 354 | 349 | -1.4% |
Summary: The Brentwood real estate market had 349 homes for sale in November 2024, a 1.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 21 | 16 | -23.8% |
| 3 Bedrooms | 59 | 66 | +11.9% |
| 4 Bedrooms | 122 | 130 | +6.6% |
| 5+ Bedrooms | 150 | 137 | -8.7% |
Summary: The Brentwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 8.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 62 | -8.8% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brentwood, you may be able to get a good deal. 67.7% of homes here sold below asking price last month.
Summary: A total of 62 homes were sold or pending in Brentwood in November 2024, down by 8.8% month-over-month. Of the 62 sold homes, 68% were sold under asking, 21% were sold at asking, and 11% were sold over asking.
Days on Market for Brentwood, TN
How long does it take to sell a home in Brentwood, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 21 Days | -44.9% |
Summary: Homes in Brentwood had an average of 21 days on market in Nov 2024, down by 44.9% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brentwood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 62 homes were sold in Brentwood; 71% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.