Average sales price in Brentwood reaches $4,306,343 in June

A Marco Rufo listing in the hills of Brentwood, at 1225 Chickory Lane (http://1225chickory.com)

Brentwood Market Snapshot

The average sales price for single-family homes in Brentwood hit a new high of $4,306,343 in June 2018, which is up 4.2% from June 2017. Looking back five years to June 2013 when the average sales price was $2,932,229, home prices in Brentwood have increased 46.86%.

The record sale in Brentwood recorded on the MLS was back in May of 2014, when 12780 Chalon Road in Brentwood Country Estates sold for $40,000,000. In the last five years, a total of (22) homes have sold in Brentwood for over $15,000,000, and (5) have sold in the $20M range. The high sale for 2018 is $26,000,000 for a property located at 2 Oakmont Drive.

Current Market Snapshot Single Family Residence 
*As of 7.3.18

BRENTWOOD | Active BRENTWOOD | Sold

Active listings: 105 
Minimum list price: $1,050,000
Maximum list price: $42,000,000
Average list price: $6,552,884
Average Price Square Foot: $1,346.67
Median list price: $3,722,500
Average days on market: 61
Months of inventory: 7

AVERAGE SALE PRICES | BRENTWOOD – LAST 5 YEARS

Closed Sales Y-T-D: 115
Minimum close price: $1,410,000
Maximum close price: $26,000,000
Average close price: $4,512,438
Average Price Square Foot; $1,1131.22
Median close price: $3,170,000
Average days on market: 53
Average sales discount: 0.0387% under list

TOP OF THE CHARTS

1940 Georgian Regency Estate | James E. Dolena, AIA.

Currently, on the market for $42,000,000, 21 Oakmont Drive in Brentwood sits on two private acres behind gates and retains the original architectural details and interiors by Michael Smith. This timeless estate features 6 bedrooms, 10 baths, 8,618 square feet of living space, and attached guest apartment.

Listing Agent: Linda May, Hilton & Hyland

Photographs: Courtesy of Marco Rufo and Linda May

MRMLS single family residence average sales in Breantwood. Information is deemed accurate but not guaranteed.

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