HOMES SOLD IN BRENTWOOD – Jan-July 2010

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The seven months of 2010 have flown by, and the home results are in for Brentwood (94513) home sales.  It is worth noting that most Brentwood homes sold at or ABOVE List Price, and the average days on market was 27!  Here are the results for Detached Home Sales in Brentwood:

            List Price         Sold Price

High  $1,7999,900      $1,350,000                 

Low   $       80,000      $     60,000

Avg.   $     318,304     $   320,644

Med.   $    299,900      $   310,000

Looking at Condos/Townhomes, there were 27 Condos/Townhomes/Duets that sold in Brentwood, below are the stats for the Jan-July period:

List Price         Sold Price

High    $215,000        $208,900                    

Low     $  91,875         $  93,000

Avg.    $153,245         $157,721

Med.    $159,900         $164,000

Included in the above numbers were 41 homes (detached and attached) that sold in Summerset (an active adult community in Brentwood).  Most Summerset homes are selling near or slightly less than list price, and the average days on market was 49 day.  Homes are moving if well-priced well and the buyer sees value in the home. (Click Here to see the Summerset Homes that SOLD – link not good past 30 days)  Here is the breakdown of Summerset Homes SOLD:

List Price         Sold Price

High    $598,500        $550,000                    

Low     $ 180,000        $ 182,000

Avg.    $314,054         $309,802

Med.    $274,500         $270,000

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