Bryan Realty

Germantown, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Germantown, TN

Sun Aug 18 2019
This week the median list price for Germantown, TN is $532,450 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has held steady at or around 146. Click here to stay informed with the Germantown market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Germantown, TN

Sun Aug 18 2019
This week the median list price for Germantown, TN is $532,450 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has held steady at or around 146. Click here to stay informed with the Germantown market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Germantown market.
Median List Price $532,450
Per Square Foot $129
Days on Market 104
Price Decreased 52%
Price Increased 1%
Relisted 12%
Inventory 146
Median House Rent $2,200
Most Expensive $3,600,000
Least Expensive $245,000
Market Action Index
Slight Seller's Advantage
41

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,034,499 6,124 1 - 2.5 acres 5 5 16 4 2 227
$677,725 4,749 0.25 - 0.5 acre 5 4 20 2 3 79
$460,000 3,899 0.25 - 0.5 acre 4 3 30 3 3 66
$349,900 3,099 0.25 - 0.5 acre 4 2 41 5 9 45