James & Stephanie Crawford

Brentwood, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Brentwood, TN

Tue Jul 17 2018
This week the median list price for Brentwood, TN is $889,950 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 238. 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

Tue Jul 17 2018
This week the median list price for Brentwood, TN is $889,950 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 238. 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 $889,950
Per Square Foot $193
Days on Market 121
Price Decreased 41%
Price Increased 7%
Relisted 18%
Inventory 238
Median House Rent $2,395
Most Expensive $6,995,000
Least Expensive $229,000
Market Action Index
Slight Seller's Advantage
38

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,899,900 7,787 0.5 - 1 acre 5 7 12 3 4 218
$1,099,099 5,427 0.5 - 1 acre 5 6 11 2 7 145
$750,000 4,098 0.5 - 1 acre 4 4 17 5 10 59
$530,160 3,101 0.25 - 0.5 acre 4 3 23 17 14 64