Bryan Realty

Germantown, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Germantown, TN

Thu Sep 16 2021
This week the median list price for Germantown, TN is $675,000 with the market action index hovering around 79. This is an increase over last month's market action index of 73. Inventory has decreased to 31. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Germantown, TN

Thu Sep 16 2021
This week the median list price for Germantown, TN is $675,000 with the market action index hovering around 79. This is an increase over last month's market action index of 73. Inventory has decreased to 31. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Germantown market.
Median List Price $675,000
Median Price of New Listings $509,700
Per Square Foot $143
Average Days on Market 86
Median Days on Market 28
Price Decreased 23%
Price Increased 3%
Relisted 3%
Inventory 31
Median Rent $2,765
Market Action 79
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,299,000 5,749 1 - 2.5 acres 5 6 15 0 0 119
$729,500 4,999 0.5 - 1 acre 5 4 31 2 2 38
$579,950 4,224 0.25 - 0.5 acre 4 3 28 4 2 3
$387,000 2,799 0.25 - 0.5 acre 4 2 49 4 4 17