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.
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
$799,333
$365/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Brentwood has remained the same since last year.
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
Key Takeaway
If you're buying a home in Brentwood, you could pay more than the asking price. 56.9% of homes here sold above asking price last month.
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
Key Takeaway
Many homes in Brentwood are selling fast, if you're buying plan to act quickly.
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.
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.