Bryan Realty

Germantown, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Germantown, TN

Tue Sep 28 2021
This week the median list price for Germantown, TN is $648,500 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has increased to 36. Click here to stay informed with the Germantown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Germantown, TN

Tue Sep 28 2021
This week the median list price for Germantown, TN is $648,500 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has increased to 36. Click here to stay informed with the Germantown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Germantown market.
Median List Price $648,500
Median Price of New Listings $459,900
Per Square Foot $156
Average Days on Market 90
Median Days on Market 18
Price Decreased 17%
Price Increased 6%
Relisted 8%
Inventory 36
Median Rent $2,545
Market Action 78
Strong Seller's Market

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,250,000 6,499 1 - 2.5 acres 5 6 18 2 0 42
$815,000 5,749 0.5 - 1 acre 5 4 27 1 0 63
$539,000 3,499 0.25 - 0.5 acre 4 3 34 4 2 14
$415,000 2,699 0.25 - 0.5 acre 4 2 41 6 6 0