Bryan Realty

Germantown, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Germantown, TN

Mon Apr 06 2020
This week the median list price for Germantown, TN is $650,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 87. 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.

Slight Seller's Advantage

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Germantown, TN

Mon Apr 06 2020
This week the median list price for Germantown, TN is $650,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 87. 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.

Slight Seller's Advantage

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Germantown market.
Median List Price $650,000
Per Square Foot $138
Days on Market 141
Price Decreased 32%
Price Increased 1%
Relisted 6%
Inventory 87
Median Rent $1,985
Most Expensive $2,950,000
Least Expensive $245,000
Market Action 41
Slight Seller's Advantage

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,300,000 7,499 1 - 2.5 acres 5 5 13 1 1 289
$837,000 5,249 0.25 - 0.5 acre 5 4 16 3 0 160
$480,000 4,249 0.25 - 0.5 acre 4 3 26 5 4 69
$344,900 2,899 0.25 - 0.5 acre 4 2 42 8 4 52