Stephanie & James Crawford

Brentwood, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Brentwood, TN

Sat Aug 17 2019
This week the median list price for Brentwood, TN is $899,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 207. Click here to stay informed with the Brentwood 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Brentwood, TN

Sat Aug 17 2019
This week the median list price for Brentwood, TN is $899,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 207. Click here to stay informed with the Brentwood 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Brentwood market.
Median List Price $899,000
Per Square Foot $198
Days on Market 89
Price Decreased 49%
Price Increased 2%
Relisted 20%
Inventory 207
Median House Rent $1,900
Most Expensive $4,880,000
Least Expensive $290,000
Market Action Index
Slight Seller's Advantage
44

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
$1,975,000 7,367 1 - 2.5 acres 5 7 4 8 6 134
$1,085,450 5,394 0.5 - 1 acre 5 5 14 4 6 87
$749,450 4,101 1 - 2.5 acres 4 4 24 6 7 63
$519,900 2,963 0.25 - 0.5 acre 4 3 24 7 14 73