Bryan Realty

Germantown, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Germantown, TN

Fri Mar 05 2021
This week the median list price for Germantown, TN is $807,000 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has held steady at or around 24. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Germantown, TN

Fri Mar 05 2021
This week the median list price for Germantown, TN is $807,000 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has held steady at or around 24. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Germantown market.
Median List Price $807,000
Per Square Foot $149
Days on Market 98
Price Decreased 25%
Price Increased 8%
Relisted 17%
Inventory 24
Median Rent $2,405
Most Expensive $1,995,000
Least Expensive $325,000
Market Action 58
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$1,347,000 6,124 1 - 2.5 acres 5 5 18 0 1 395
$922,000 5,874 0.5 - 1 acre 4 5 18 0 0 154
$690,000 5,249 0.25 - 0.5 acre 5 4 24 1 0 66
$402,425 3,499 0.25 - 0.5 acre 4 2 43 1 3 28