Bryan Realty

Germantown, TN

Single-Family Homes

Market Report / michael@bryanrealty.com



Germantown, TN

Tue Aug 09 2022
This week the median list price for Germantown, TN is $625,000 with the market action index hovering around 60. This is less than last month's market action index of 64. Inventory has increased to 63. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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

Tue Aug 09 2022
This week the median list price for Germantown, TN is $625,000 with the market action index hovering around 60. This is less than last month's market action index of 64. Inventory has increased to 63. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $625,000
Median Price of New Listings $624,500
Per Square Foot $163
Average Days on Market 45
Median Days on Market 28
Price Decreased 46%
Price Increased 0%
Relisted 5%
Inventory 63
Median Rent
Market Action 60
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,295,000 6,499 1 - 2.5 acres 5 5.5 24 3 3 56
$769,500 4,749 0.25 - 0.5 acre 5 3.5 26 5 2 24
$522,500 3,299 0.25 - 0.5 acre 4 3.5 38 3 4 28
$424,500 2,599 0.25 - 0.5 acre 4 2.5 46 5 3 14