Brentwood’s market for residential home sales showed substantial slowing in May 2006 from the same time a year ago, along with a price drop, according to MLS statistics. The median home price for May was $604,500, down .1% from last May’s median of $605,000. On a sold price per square foot basis, the drop was 4.5%, from $312 per square foot last May to $298 per square foot this May. The expired to sold ratio was 47.2% this May, and inventory is at 8.1 months.

The average home sold in Brentwood in May for $647,624, or 99% of the average list price of $655,061. Seventy-one units sold, down 24.2% from last May’s sales volume of ninety-five units.

This is Post 16 in our fabulous Blogathon in Support of America’s Second Harvest.

This entry was posted on Friday, June 16th, 2006 at 3:56 pm and is filed under Market Updates, Blogathon for Hunger, Brentwood. You can leave a comment, or trackback from your own site.

Brentwood’s market for residential home sales showed substantial slowing in May 2006 from the same time a year ago, along with a price drop, according to MLS statistics. The median home price for May was $604,500, down .1% from last May’s median of $605,000. On a sold price per square foot basis, the drop was 4.5%, from $312 per square foot last May to $298 per square foot this May. The expired to sold ratio was 47.2% this May, and inventory is at 8.1 months.

The average home sold in Brentwood in May for $647,624, or 99% of the average list price of $655,061. Seventy-one units sold, down 24.2% from last May’s sales volume of ninety-five units.

This is Post 16 in our fabulous Blogathon in Support of America’s Second Harvest.

This entry was posted on Friday, June 16th, 2006 at 3:56 pm and is filed under Market Updates, Blogathon for Hunger, Brentwood. You can leave a comment, or trackback from your own site.