Bryan Realty

Germantown, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Germantown, TN

Wed Oct 23 2019
This week the median list price for Germantown, TN is $575,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 133. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Germantown, TN

Wed Oct 23 2019
This week the median list price for Germantown, TN is $575,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 133. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Germantown market.
Median List Price $575,000
Per Square Foot $129
Days on Market 120
Price Decreased 59%
Price Increased 1%
Relisted 6%
Inventory 133
Median House Rent $1,905
Most Expensive $3,500,000
Least Expensive $245,000
Market Action Index
Slight Seller's Advantage
35

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
$1,250,000 6,499 1 - 2.5 acres 5 5 16 0 2 180
$699,900 4,749 0.25 - 0.5 acre 5 4 20 1 2 176
$450,000 3,699 0.25 - 0.5 acre 4 3 31 5 5 63
$330,000 2,899 0.25 - 0.5 acre 4 2 41 6 7 62