James & Stephanie Crawford

Brentwood, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Brentwood, TN

Thu Jan 17 2019
This week the median list price for Brentwood, TN is $847,500 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 159. 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

Thu Jan 17 2019
This week the median list price for Brentwood, TN is $847,500 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 159. 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 $847,500
Per Square Foot $189
Days on Market 154
Price Decreased 38%
Price Increased 6%
Relisted 22%
Inventory 159
Median House Rent $3,400
Most Expensive $5,000,000
Least Expensive $323,999
Market Action Index
Slight Seller's Advantage
35

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
$2,250,000 8,091 0.5 - 1 acre 5 7 10 1 8 210
$1,050,000 5,431 0.5 - 1 acre 5 5 17 1 6 182
$715,000 4,164 0.5 - 1 acre 4 4 18 3 3 113
$449,700 2,643 8,000 - 10,000 sqft 4 3 18 3 6 110