Brentwood Real Estate Market Overview

Brentwood, California's real estate market continues to evolve, shaped by local economic factors, regional trends, and broader market forces. This comprehensive analysis provides current data, historical context, and future projections to help buyers, sellers, and investors make informed decisions in this dynamic East Bay community.

Current Market Snapshot

The current Brentwood market presents a relatively balanced environment, with adequate inventory providing options for buyers while maintaining stable price levels for sellers. With homes typically selling in just over a month, the market demonstrates healthy activity without the extreme pressure seen in previous years.

Price Trends and Analysis

Historical Price Movement

Brentwood's real estate values have shown remarkable resilience and growth over time:

• 5-Year Growth: Approximately 38% increase in median home values
• 1-Year Change: 4.2% appreciation over the past 12 months
• Peak Pricing: Current values are about 3% below the all-time high reached in mid-2022
• Post-Pandemic Recovery: Strong rebound from brief pandemic-related uncertainty

Price by Housing Type

Neighborhood Price Variations

Brentwood's diverse neighborhoods show significant price variations:

Supply and Demand Dynamics

Inventory Trends

Brentwood's housing inventory has shifted from the extreme seller's market of 2021-2022:

• Current inventory of 97 active listings represents a 35% increase from the same period last year
• Months of supply stands at approximately 3.1 months, approaching a more balanced market
• New listings are entering the market at a steady pace of about 45 homes per month
• Inventory levels vary seasonally, with spring and early summer seeing the highest selection

Buyer Demographics

Brentwood continues to attract diverse buyers:

• Young families drawn to quality schools and newer housing stock
• Bay Area commuters seeking affordability compared to inner Bay locations
• Active adults and retirees, particularly in age-restricted communities
• Investors recognizing Brentwood's stable appreciation and rental potential

Impact of Interest Rates

Interest rate fluctuations have significantly impacted Brentwood's market:

• The rise from historically low pandemic-era rates initially cooled transaction volume
• Buyers have gradually adjusted to the "new normal" rate environment
• Rate-driven affordability concerns have moderated price growth compared to previous years
• Recent rate stabilization has brought some buyers back into the market
• Many transactions now involve creative financing solutions and seller concessions

New Development Impact

Brentwood continues to see new construction, though at a more moderate pace than its rapid growth years:

• Approximately 250 new housing units are expected to be completed in the coming year
• Development is concentrated in eastern and northeastern parts of the city
• New homes typically command a 10-15% premium over comparable resale properties
• Infrastructure improvements are ongoing to support continued growth

Market Forecast and Projections

Short-Term Outlook (12 Months)

• Expected price appreciation of 3-5% over the next year
• Gradual increase in transaction volume as market adapts to current rate environment
• Continued strong demand for move-in ready, updated properties
• Seasonal patterns returning with spring/summer peaks in activity

Medium-Term Projections (2-3 Years)

• Sustainable annual appreciation of 4-6% anticipated
• Potential impact from planned infrastructure improvements and commercial development
• Growing premium for properties in established neighborhoods as new development land becomes scarcer
• Continued influence of Bay Area migration patterns and remote work trends

Investment Considerations

For those considering Brentwood for investment purposes:

• Single-family rental properties yield average returns of 4-5% annually
• Strongest rental demand for 3+ bedroom homes in family-friendly neighborhoods
• Properties near downtown and major amenities command premium rents
• Long-term appreciation potential remains strong due to Brentwood's desirability and regional positioning
• New construction presents opportunities for customization and reduced maintenance costs

Working with Market Data

Market statistics provide valuable context, but each property and transaction is unique. Working with a knowledgeable Brentwood real estate professional ensures you receive:

• Hyper-local market analysis specific to your property or search criteria
• Insights into off-market opportunities and coming-soon listings
• Strategic pricing and offer guidance based on current conditions
• Expert negotiation informed by real-time market feedback